Apply for a Flexi-Loan today

Apply for a Flexi-Loan today

Straightforward applications and quick decisions - it’s great for businesses who weren’t affected by coronavirus or are starting to get back on track.

  • Borrow from £1,000 to £200,000 over 12 months

  • Repay early with no fees

  • Decisions in 1 working day

  • Have help on hand with a dedicated account manager

We've been supporting over 50,000 small businesses with access to finance since 2012.

Flexible finance at your fingertips

  1. Apply in minutes. It takes ten minutes from start to finish. We're designed with small businesses in mind, so we'll just need the basics about your business to make a decision.
  2. Use your funds. We'll approve you based on your business performance. You transfer as much as you need to your bank account, and the funds will typically be in your account in hours.
  3. Repay or top up. We don't charge early repayment fees: we only charge interest for the days you have the money. If you need more funds, applying for a top up is easy. As your business grows your credit limit will too.

Looking for government backed CBILS loans?

What can I use a Flexi-Loan for?


Flexi-Loan can be a great boost to your business if:

  • you’re looking for funds to grow your business;

  • you’re looking to manage cash flow in the short term;

  • you have a Bounce Back Loan and want additional funds;

  • you weren’t eligible for a government backed CBILS loan;

  • or you weren’t eligible for a government backed Bounce Back Loan;

Sound like you?

Frequently Asked Questions

Here is a bit more information we think might help. If you want to know more about iwoca, check our FAQs

Over the past seven years iwoca has grown from a small start-up to one of the fastest-growing business lenders in Europe. Now we're a team of more than 300 working towards the goal of funding one million small businesses.

Even though we offer loans, we’re not a bank. We’re an independent company custom-built for small businesses – and our goal is to provide straightforward access to finance where and when your business needs it.

Yep, some of our customers repay early to save on interest. If you want to make extra repayments or pay off your loan early we won't charge you any fees. We don’t believe in hidden fees either, so you’ll never find any sneaky small print surprises.

Let us know as soon as possible if you think you might have payment difficulties, we’ll work together to find a solution. Read more

We keep our prices simple

Simple Pricing


We’ll only charge interest on your outstanding balance for the days you’re using your loan – no hidden fees, no long-term commitments. Our rates start at 2% a month, depending on your business.

Using our Flexi-Loan calculator is easy – use the first slider to choose an amount between £1,000 and £200,000, and then choose how many months you’d like to borrow it for. You’ll be able to see how much you’ll repay each month, and can apply if you decide it’s the right choice for your business.

6 monthly repayments of £1,866

Total repayment of £11,197(3.33% interest rate per 30 days)

Borrow up to £200,000

For up to 12 months

Need help? call us

This loan calculator is only an example, your actual rate will vary based on your circumstances. Here’s another example. If you borrowed £10,000 for 12 months at 49% representative APR, with an interest rate of 40% p.a. (variable), then, all in all, the total amount you’d repay would be £12,294.

Looking to borrow for more than 12 months or need a larger amount? Explore our longer term finance options for your business. Looking for the Coronavirus Business Interruption Loan Scheme (CBILS)? Learn more

Apply for a Flexi-Loan

Straightforward applications and quick decisions. It’s great boost for businesses who weren’t affected by coronavirus or are back on track.

Customer support

Questions? We're here to help

Interested in the Coronavirus Business Interruption Scheme CBILS - find out more

Or visit our coronavirus guides for straightforward summaries on topics like accessing government support