Write a review

Newsletter

Go to business site

iwoca: Business loan reviews

Name: Business loan
Rating: 4.75 (163 reviews)

View other iwoca products

4.75

Based on 163 reviews, last reviewed 3rd Jul 2026

27% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

93%

Latest highest rating:

4

Very fast response and excellent communication all t... Very fast response and excellent communication all the way Reviewed on: 3rd July 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

Read all reviews Write a review

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.

Review iwoca: Business loan now

Help others make smarter decisions by sharing your own experience.

Write a review

iwoca Business loan reviews (163)

Well deserved

Great company! Great Product! Growing with the times, iwoca have a clear and simple vision to help small business and they do it without making you jump through hoops. A clear and concise product, with an amazing simple to use technology platform! Reviewed on: 2nd January 2019

Awesome, innovative service

iwoca is connected with so many relevant services for SMEs that they make it easy to apply for a loan quickly Reviewed on: 2nd January 2019

Largely a waste of time

This lot largely wasted my time. I applied for business funding and they made swift contact, only to start asking for proof upon proof of income, contracts, solictor and accountant's reports and the like. For a sole trader who does his own accounts this was nigh on impossible, and after much deliberation (which took ages) Iwoca rejected me. They then passed my details over to a bunch of other companies that were clearly on some sort of referral scheme and the deluge of calls began. Not the best experience. Reviewed on: 24th December 2016

Do you have a different iwoca product?

Share your experiences with products to help others make smarter financial decisions and learn more about different products available. Write a review

Alternative products

Equity Crowdfunding
from Enterprise Den 0.00 from 0 reviews
Business Loan
from Cubefunder 4.66 from 182 reviews
Business loans
from OakNorth 4.16 from 3 reviews

Want to see more from iwoca?

Buy now pay later
from iwoca 4.12 from 2 reviews

View all products

Join Smart Money People

Keep up to date on ratings of your favourite businesses. Find out about our awards and write new reviews with ease

Create an account

News, guides and insight from our team

View resource hub