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iwoca: Business loan reviews

Name: Business loan
Rating: 4.65 (53 reviews)

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4.65

Based on 53 reviews, last reviewed 26th Feb 2026

3700% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

85%

3 star

Latest highest rating:

5

The loan process was incredibly fast and completely... The loan process was incredibly fast and completely hassle-free. There was minimal paperwork, and the team was professional and responsive every step ... Read more Reviewed on: 26th February 2026

Latest lowest rating:

1

Behind the slick branding is nothing but a loan shark Like many businesses, we faced cash flow problems, and Iwoca seemed like the ideal solution. I became the guarantor of the loan, but due to circumstan... Read more Reviewed on: 26th July 2025

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About this product

With an iwoca business loan, you can borrow between £1,000 and £1m.

It only takes around 24 hours to get a decision on an iwoca loan application. You can borrow money with terms ranging from one day to five years and there’s no fee to repay your loan early.

iwoca business loan reviews help you find out what it’s really like to be a customer. If you’ve used iwoca before, you can also leave a review and share your experience.

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iwoca Business loan reviews (53)

The loan process was incredibly fast and completely...

The loan process was incredibly fast and completely hassle-free. There was minimal paperwork, and the team was professional and responsive every step of the way. The funds were transferred quickly, allowing me to focus on growing my business without unnecessary delays. Highly recommend for any business looking for a simple and efficient financing solution! Reviewed on: 26th February 2026

Flexible funding when you need it most

We’ve worked with iwoca for several years and have found them to be a dependable and straightforward funding partner. The application process is clear, the online portal is easy to navigate and accessing funds is quick once approved. For a growing business where timing and cashflow management are critical, that efficiency makes a real difference. Sara, our account manager, has been excellent throughout. Communication is prompt, professional and proactive. She understands how our business operates and is always responsive when we need clarity or support. Overall, iwoca has provided excellent flexibility and speed when required, helping us manage growth with confidence. Would happily recommend to established SMEs looking for a responsive and well-structured funding solution. Reviewed on: 25th February 2026

I’ve had a really positive experience with iwoca.

I’ve had a really positive experience with iwoca. Their team are friendly, approachable and quick to respond, which makes the whole process feel straightforward rather than stressful. The online portal is excellent – very clear and easy to use. I particularly liked how simple it was to share a secure link to my bank account, allowing them to access the information they needed without endless paperwork. It saves a huge amount of time. They also make it easy to access additional funding if your business needs it, and the repayment process is just as smooth. Everything is transparent and manageable. Overall, a professional and efficient service that genuinely makes business finance easier. Reviewed on: 25th February 2026

DUONG LTD

Friendly support and good experience Reviewed on: 25th February 2026

Applied and received funds within 6 hours.

Applied and received funds within 6 hours. Incredible business. Reviewed on: 24th February 2026

Easy Process, Best Used with a Solid Plan

I found iwoca very easy to navigate, with genuinely good customer service throughout the process. Of course, loans come with interest, so you really do need to be 100% sure it suits your situation. For us, this was a bridging-type loan — we had a clear purpose, a repayment plan in place, and intentions to repay early, which iwoca fully respected (with no pressure to borrow more). Because the process is so straightforward, it can be tempting to take money quickly — but we took our time to make sure it was right for us before proceeding. This isn’t an easy fix for financial challenges, but it is a good service if all avenues have been properly considered and you have a realistic plan for repayment. I’d recommend iwoca for businesses that are thinking clearly and strategically — not in desperation — and who see this as part of a wider financial plan rather than a quick solution. Reviewed on: 24th February 2026

Safety net

Great service and helpful Great service and helpful i ended up Getting all the money i needed to help pay my bills whilst i plan on my business having a safety net in nobtime Reviewed on: 24th February 2026

Very straigh-forward and easy to deal with.

Very straigh-forward and easy to deal with. The adviser was pleasant, clear and helpful every step of the way, literaly. Reviewed on: 23rd February 2026

The business needed a loan to help with cash flow

The business needed a loan to help with cash flow and Iwoca was recommended by the funding app that my business bank supplied. I used their software to calculate costs and repayment schedules and the only thing to do was decide how much I actually required to get over this small bump in the road. Iwoca appointed my business manager who was most helpful and once he explained all the options, it was a lot easier to make the decision on the best for the business. Give Iwoca a try and see if they can tailor something for you…. Reviewed on: 23rd February 2026

Great team.

Great team. Mathew, my account manager was exceptional. Reviewed on: 21st February 2026

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