How does an iwoca Flexi-Loan work?

Everything from interest rates to repayments

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14 articles in this collection
Written by Richard Penn, Support Team, and Slavi Georgiev

How we can help if you miss a payment or you’re struggling to repay

If you’re worried about paying back your loan, there are lots of ways we can help.

Written by Slavi Georgiev
Updated over a week ago

Overview

What is an iwoca Flexi-Loan?

Learn more about iwoca and how our Flexi-Loans work

Written by Richard Penn
Updated over a week ago

How does iwoca differ from banks?

Here are the ways in which we are similar and different to a traditional finance provider

Written by Support Team
Updated over a week ago

How can I use the product?

Here's a breakdown of how thousands of businesses use iwoca

Written by Support Team
Updated over a week ago

Who can apply for an iwoca Flexi-Loan?

Find out if you are eligible to apply for an iwoca loan

Written by Richard Penn
Updated over a week ago

Process

I have been approved for an iwoca Flexi-Loan. What happens next?

Learn more about how you can access your funds

Written by Support Team
Updated over a week ago

When can I draw down funds?

Find out how long your approval is valid for and when you can withdraw your funds

Written by Support Team
Updated over a week ago

How do repayments work?

Learn more about the different ways you can make repayments

Written by Support Team
Updated over a week ago

Can I top up my loan?

Need more funds? Find out how to top up to your credit limit

Written by Support Team
Updated over a week ago

Once I’ve repaid my iwoca loan, how do I apply for another loan?

How to continue use our Flexi-Loan once you have repaid your initial loan

Written by Support Team
Updated over a week ago

Will I receive account statements?

How to stay up to date with your account activity

Written by Support Team
Updated over a week ago

Can I find out why my application was not approved?

How to get more information about the outcome of your application

Written by Support Team
Updated over a week ago

Relationship

What can I expect from my account manager? How can I contact them?

Learn more about what to expect from us, and how you can get in touch

Written by Support Team
Updated over a week ago

Can I refer other businesses to iwoca?

If you’d like to recommend another business just ask them to give your company name to their Account Manager when they sign up.

Written by Support Team
Updated over a week ago