Business Loans
with FinCova and iwoca
Better business loans
A business loan provides access to funding that can be repaid over an agreed term, helping businesses access capital while spreading the cost over manageable repayments.
At FinCova, we work with trusted lending partners to help businesses explore funding solutions tailored to their requirements.
Through our partnership with iwoca, eligible businesses can access flexible funding solutions designed to provide fast access to capital, with the ability to draw down funds as needed and only pay interest on the amount used.
Get a better business loan today, with iwoca.
Flexible Funding
Access funding from £1,000 to £1,000,000
Applications can often be reviewed within hours
Only pay interest on the funds you draw down
Repay early with no additional repayment fees
iwoca loans eligibility criteria
1
Borrow what you need, when you need it
Pay your bills, invest in stock or help with cashflow, with no interest charged on the days you don’t use the funds, and no early repayment fees.
2
Get started today
Apply online and get a decision in as little as 24 hours. On approval you’ll receive the money in your account within hours.
3
The eligibility criteria
- Limited companies only
- £10k minimum annual turnover
- Any company age, including start-ups
- Any business sector
- UK based companies — including Northern Ireland, Isle of Wight, Anglesey and all Scottish Islands
- Directors with a UK credit file
You can apply in five minutes from start to finish. (Our record is 2 minutes 37 seconds from sign up to money in an account.)
We’ll approve based on your business performance. Then you may draw down as much as you need to your business account.
We don’t charge early repayment fees; and we only charge interest for the days your business has funds. If you need more funds, applying for a top-up is easy. And as your business grows, so does your credit limit!
Need more options?
FinCova works with a network of trusted funding providers. If this option isn't quite right for your business, speak to our team and we'll help you explore suitable alternatives. Applying won’t impact your credit score.