Will you run credit checks when I apply?
To help us lend responsibly we run credit and identity checks when you apply. However we run quotation searches which leave a 'soft-footprint' (meaning they have no impact on your credit score).
Is linking my online accounts secure?
When you link your accounts our automated systems only look at your sales history and other business data. We never see your passwords and treat all of your data with the utmost care.
What happens when I link my Xero account?
Linking a Xero account is an easy way to share your business data with iwoca, including your bank statements and company details. You can also automate your accounting by choosing to have iwoca add a transaction to Xero when you take funds or make a repayment. You can choose to remove our access to your Xero account at any stage through the settings page on your Xero account.