Also known as: iwoca
iwoca Ltd is a UK small business lender incorporated in 2011 (Companies House 07798925), providing fast, flexible lending to SMEs primarily via a revolving credit facility called Flexi-Loan. Authorised and regulated by the FCA (FRN 723378). iwoca uses Open Banking and accounting data to make rapid credit decisions. A related entity, iwoca Capital Markets Ltd, is also FCA-registered. The firm operates in both the UK and Germany.
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Flexi-Loan (revolving credit facility for small businesses), business term loans. Loans typically used for working capital, stock, equipment. Also operates in Germany. In 2023 closed £200M funding line with Barclays and Värde Partners.
Trading names and group notes
iwoca Capital Markets Ltd is a related FCA-registered entity. The firm has grown to be one of the UK's largest fintech SME lenders by volume.Review scores are third-party public indicators only. They are not proof of FCA compliance, product quality, or suitability for your circumstances.
Trustpilot
4.8
Approx. 10,000+ (as of mid-2026; milestone celebrated by the firm) reviews
Other review and social proof
Reviewed on Good Money Guide, Rangewell, Funding Agent
Overall public sentiment
Highly positive sentiment. Customers praise easy application, fast approval, flexible terms, transparent pricing and strong customer support. Negatives: high interest rates and occasional communication issues noted by some reviewers.
Ask Fin gives you simple money tools for budgeting, spotting savings, checking possible benefit areas and building better money habits. General guidance only — not regulated financial advice.
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