iwoca.co.uk has been running for a few years now, launched in 2012, they quickly rose to the top of the instant business loans category. It’s not just a faceless money lender either, they are at the cutting-edge of what is important to businesses, such as integrating with website platforms and companies such as Magento, Alibaba, Linnworks, Brightpearl, E-trackit, Volo, Startup Direct, Webinterpret and more.
iwoca business loans are slightly different to normal loans, as they use award-winning technology to look at your real-time business performance in order to make a decision on your loan application.
Once iwoca has looked at your current business affairs, you can apply within minutes and have the money in your bank in just a few hours. They know that businesses need to move quickly in this digital age, and therefore they move just as quickly to match your needs.
There is a flexibility to the small business loans from iwoca, whereby you only pay interest on the loan for each day you have it. So, if you pay it off early, there is no extra charge and you can top up during the life of the loan should you need additional business funding. Of course, if you just need to bridge the gap or have a working capital loan then you can repay it as soon as you can, no questions asked.
In just a few years, iwoca has gone from an odd-named website – iwoca stands for INstant WOrking CApital – to one the UK’s leading financial firms that has just branched into Europe. They have lent £30 million to UK companies and they’ve been given a 9.7 out of 10 rating on TrustPilot.
If you’re in the market for a small business loan from £1,000 to £100,000 then chat to iwoca or use their online calculator and get approved for a cash injection your company really needs.