iwoca offers unsecured business loans between £1,000 and £500,000 to SMEs and takes into account both your business’s past performance and your credit score. You can expect comparatively high rates, a quick decision (in some cases you may be able to get the funds within hours from the application) and good flexibility with the repayments.
A number of other lenders can help SMEs secure similar financing online and we’ve put together a list of them here. Alternatively you can find information on the wide range of business financing options available to startups and small businesses.
| Name | Established | Description | ||
|---|---|---|---|---|
 |
iwoca | 2011 | Variable rate unsecured loan | |
 |
Kriya | 2010 | Fixed rate unsecured peer-to-peer loan | More info |
 |
Nucleus | 2011 | Fixed rate unsecured loan | More info |
 |
Funding Circle | 2010 | Fixed rate loan | Get quotes |
We’ve partnered with Funding Options to help UK businesses compare lenders and navigate the different borrowing options available.
Unlock the value in your invoices to move your business forwards. Compare invoice financing providers and discover how it could help your business.
Borrow against equipment or property to accelerate growth. Compare asset financing providers and discover how it could help your business.
Get a lump sum upfront to repay in-line with volume of future sales. Compare a panel of lenders through our partner Funding Options.
Borrow only as much as you need, when you need it, and repay on terms that suit you. Compare a range of lenders.
Boost your spending power, track employee spending and enjoy perks and rewards with a business credit card.