Rating based on 39 reviews


  • Business loans up to £250,000
  • Low-interest starting from 5.9%
  • Repayment up to 12 months

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IWOCA homepage
Author IWOCA. Screenshot of IWOCA website.
[Accessed April 26, 2020]


Easy as pie business loans – Making possibilities turn into realities.

More times than necessary, people that start small businesses have too much red tape getting a business loan. Usually, there is so much paperwork and endless hours wasted on queues. Small business owners need to know that there is an easy and convenient option for a business loan with IWOCA.

Business loans with less stress

From starting small seven years ago to the great achievement they are today, IWOCA transformed the way business loans are given. IWOCA was started with a simple idea. Two men working in finance recognized a need and decided to act.

James and Christoph both saw that too many small businesses were struggling to enjoy business loans from big banks. They realized that with a good plan, they could change that and together they quit their jobs and created IWOCA.

Custom-built business loans without the fuss

IWOCA offers business loans but not like banks do. They don't like the struggle of endless mounds of paperwork and hours in queues. By creating a fast and easy way of borrowing, they ensured that many small businesses get the business loan they deserve. 

By using super-fast software they can give customers a pleasant, fast, and easy way of getting a business loan.

Your business loan team

It's always good to know that there's a team on your side that cares. Not only can they assist with the business loan you need but all the rest too. IWOCA consists of members with the necessary knowledge and the drive to make any small business prosper.

From account managers to developers, everybody has the same goal. That is to bring small businesses in the UK to great heights.

IWOCA Services

The business loan application process that has been compiled is not only super fast and easy but also cuts straight to business.

It saves loads of time and is completely stress and hassle-free. What's more, is that you will be sure of an answer within 1 working day.

Uses for your business loan

  • Funds can be used to grow your business.
  • Providing you with a short-term solution for cash flow problems.
  • You might have a bounce-back loan and require additional funding.
  • If you were not able to obtain a government-backed business loan.
  • You were not eligible for a government-backed bounce-back loan.

Good business makes for early repayments

IWOCA knows that there are often hidden fees and small print that you are not made aware of when you qualify for a business loan. They are changing that by making sure there are no hidden fees and small-print bombshells.

If you are in the position to repay your business loan early to save on interest or want to make extra repayments, there are no extra charges. Now that's a great benefit and a business loan option you cannot miss.

Here's how an IWOCA business loan works

You can apply for your business loan online. The entire business loan application process takes as little as 10 minutes. You can borrow anything between £1,000 up to £200,000 which is repayable over 12 months.

On their inviting and all-explaining website they have made available an easy-to-use business loan calculator. You simply indicate the amount you want to borrow using the slider. The same process applies to the term over which you would like to repay your business loan amount.

IWOCA – Business loan

  • Loan Type Business loans
  • Interest Rate 5.97.8% p/a
  • Loan Amount up to £250,000
  • Repayment 12 months

Benefits of IWOCA

  • Quick and easy business loans
  • No payments for 12 months
  • Repay your loan early with no added fees

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

IWOCA has multiple options to suit your business needs

As already stated above, the IWOCA business loan application takes about ten minutes from start to finish.

On the website simply click on the apply now button. You will be asked to supply them with your business email account as well as indicate the business loan amount you need. If you want to receive regular email updates on great IWOCA deals, also click the box below. You can now click 'apply'.

Step one

You will be directed to the next page where you will be completing your business details. These include

  • What type of company do you have.
  • Your registered partnership name.
  • When you started trading and if you have a website.
  • What your turnover for the last 12 months was and if you get income from online sales.

Step two

On the second page you will complete a few personal details so that they can get acquainted with you. You can then move on to the part where your offers are laid out to you. Pick the best business loan option for you after which you will be asked about your trading history.

Step three

All of the not-so-nice work has now been done and within 24 hours you will have an answer on your business loan decision. Once approved, you will be overjoyed to know that you will have access to your funds within hours.

Everybody needs a little help now and then. IWOCA wants you to get the business finance you need to grow. They made the process super-fast and easy. With criteria that are designed to make it more accessible for everyone, they are rapidly reaching their goal of funding one million small businesses in the UK. 

Why you should partner with IWOCA for a business loan

  • There is way less paperwork.
  • Apply for your business loan online in minutes.
  • Get an answer within 24 hours.
  • There are no penalties on early payments or overpayments.
  • You choose the business loan that works for you.
man holding thumbs up

IWOCA is a trusted & reliable provider of business loans

In our review, IWOCA adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

IWOCA is a registered credit provider in UK: FSA 723378

Customer Reviews & Testimonials

June 2021

Never could we imagine that getting the business loan we need would be this easy. Everything on their website was clear and very useful. We are now recommending IWOCA to all our friends that seem...

Oliver B
— Edinburgh —

February 2021

We were at our wit's end in finding a bank that would give us the loan we needed. A good friend told us about IWOCA and they are amazing. There was nothing they did not do to make it as easy as p...

Arlo J
— Glasgow —

September 2021

It was so pleasant dealing with IWOCA. The business loan we needed was available and easy to get. We knew what we were going to repay before we even applied. This is the best team to have in your...

Charlotte A
— Oxford —

IWOCA Contact

Physical Address

  • 247 Tottenham Court Rd, Bloomsbury London W1T 7QX United Kingdom
  • Get Directions

Opening Hours

  • Monday 08:00 – 19:00
  • Tuesday 08:00 – 19:00
  • Wednesday 08:00 – 19:00
  • Thursday 08:00 – 19:00
  • Friday 08:00 – 19:00
  • Saturday – Closed
  • Sunday – Closed