Our credit facility can be used by all SMEs for different purposes. For instance, contractors typically use it to bridge short-term cash flow gaps, whereas retailers utilise it to take advantage of stock opportunities.
We also work with businesses which use iwoca to pay their staff, outstanding invoices, launch new marketing campaigns or expand their premises.
Due to the facility's flexibility and swift application process, many businesses also choose to get approved instantly and use the funds when the need arises - be it in a few months time.
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