Highly recommend IWOCA. Needed to be reassured about data confidentiality before allowing access to our online e-commerce platform but very helpful (Nick) by phone and email in providing this. Loan agreed and in place same day. EXCELLENT SERVICE and 'traditional' banks should learn from IWOCA as to how to embrace e-commerce clients and recognise that 'we'll get back to you in a few months ' is not appropriate in the digital world.
Iwoca are a very professional company that really listen to your needs, their service is quick, friendly and my loan was sorted out same day enabling me to buy the stock I needed, their aftercare service is fantastic too and I highly recommend them if you are looking for a business loan to expand your business.
As lenders are shutting up shop iwoca came to my rescue.There are so many stock bargains at the moment for sellers and when I have been offered good quality stock at great prices but did not have the funds one call to iwoca and the money was in my business account fast.
I am very pleased with how easy and straight forward IWOCA lending process has been. These days it`s so hard to get a loan from banks and you guys are real heroes helping small businesses like that. Thank you very much, I really appreciate your help.
Keep us the good work.
I cannot recommend this company enough, from start to finish my application was handled in a very professional but understanding way. I would recommend this service to any online seller needing a bit of financial assistance rather than having the usual battle with the traditional money lending organisations.
Having used Iwoca on a number of occasions over the past 9 months in order to help me grow my recently formed ebay business (still not yet 1 year old) i would highly recommend them to anyone in my position who has an idea but with relatively little capital to give them a go.
Right from the outset i have been pleasantly surprised by the care and effort that they put in to make me feel comfortable and to offer me the best support on my journey.
A big thank you to all the team at Iwoca and keep up the great work
for 10 years I have struggled with credit for being naive when I was young. Iwoca was the first company to take ME and my business in to consideration and not just my credit score but to look at my business and see how I have got potential. With the funds made available I have secured a business deal that will see me through the whole of 2013 and now the stress of finding good stock has gone. Who knows what's next
Thank you iwoca
We had been looking for short term finance to help us make some improvements to our growing business, we approached a few companies including our high street bank, although the finance was approved the terms were a bit grey and did not read to well. We approached iwoca by email, after a returned response telephone call from iwoca, our account manager was called James. James spent some time talking to us, James took some detailed information about us, our company, and the amount we were looking for, the one thing that stood out apart from being polite and easy to talk to, James took great interest in our company, we had found other finance/bank companies spent more time talking about terms of the loan rather than us and our company which can be a bit of putting. James advised us that he would put forward the proposal to the underwriters and would telephone us the following day. The next day morning we had a response as promised, the finance was approved with the terms of the loan accepted by us, we supplied the further information requested and the loan was in our bank account within a few hours, great service.
We had a short term need for extra funding. Our online business us rapidly growing and after spending £80,000 during the last month was struggling with cash flow. IWOCA, were brilliant, I was expecting all sorts of catches and hidden pitfalls, but everything went through quickly and smoothly. The same transaction with a bank would have taken forever. So far so good.
I am impressed how they are so professionals dealing with us, they really understand our needs as online business sellers. Excellent customer services, we would not find this service at a bank. Funds were available so quick! I couldn't ask for more. I highly recommend their services!
I spoke to Nick and found him to be well informed and very friendly, he advised me of any options and did all he could to assist me in securing my small loan to assist with my recently opened business.
Nick too the time needed to gain insight into my business and understand where I see the business going in terms of market and sales
I would recommend IWOCA to any new online business without hesitation
Did exactly what it 'said on the tin' Interest rate is high but if you plan for it and use sensibly this is worth considering. No charge for setting up and early repayment is not penalised. Would use again if the need arises.
JR Linton can now dream but can also now make it happen thanks to IWOCA's support.
IWOCA has been providing us with working capital for the past 3 quarters and because of their unique approach and willingness to understand small businesses, we can now focus on running the business and not worrying about the pitfalls of cash flow. They are a web company as well so its a even greater joy working with James and the team.
We at JR Linton are excited about the future, no longer will we have to wait until cash flow is right to launch a new service, integrate new features and services into our online retail platform.
Thanks to IWOCA JR Linton can now keep up with the ever changing world of eCommerce.
Many thanks guys!
JR Linton Electricals
IWOCA provided our small company with the opportunity to increase the number of product lines on each of our selling platforms.
Without their help we would have hit a flat spot in our attempt to expand.
Their attitude towards us was a breath of fresh air in comparison to the stone walling put up by our bankers.
Many thanks IWOCA
They understand the growth in e-commerce and have simply designed a fast, reliable and professional financial service for Amazon and Ebay sellers with growth potential.
Very satisfied and will probably use again
Would highly recomend iwoca , i joined a while back but never took a loan until i was offered some great stock that i did not have the money for so i telephoned them took out my first loan for more ebay stock (After giving up with banks ) and the money was in my bank account within 3
hours, no awkward question, all i can say is the quickest friendly service ever, real people that understand what it takes to run a business, thank you iwoca for giving small business people like me a chance.
These are not payday loan sharks, yes you pay a bit of interest , but not that bad and you can pay back before the end of the loan date, so time to sell stock turn it around and pay the money back simple.
I could not believe how helpful these guys were - filled out an application in the afternoon on a Friday, and the money was in my account at 6pm the same day! They simply check your Amazon record, and lend you money based on how well you've been doing. This is 100% genuine, and I couldn't believe how easy it was - they are very helpful on the phone, and very straightforward about what they can offer you. I can't thank them enough or recommend them more highly. Absolutely brilliant!
Funds arrived in my bank account in few ours
Right after I purchased some extra stock which till now generated me a profit of 300 pounds
With 3000 pounds borrowing I am estimating of around 1000 pounds profit
Applied in morning and received cleared funds into my Bank the same working day without any hassle. The banks take days to sign off and draw down funds and also want signed letters from the pope, past girlfriends, accountants et al. #lovingIwoca
In my opinion IWOCA are fantastic, they took the time out to question me and understand what I needed - a phone call which was very courteous, professional and listening to me which is something that is (sometimes) lacking in today's society.
I wholeheartedly recommend IWOCA and will use them again in the future soon.
Thanks a lot guys keep up the good work! :-)
Iwoca is a great help for small and medium business to cover their purchases cash flow and grow their business with a reasonably good loans with fair rates.
I'm totally happy and would like to thanks from iwoca team from here and highly recommend them. They have easy friendly and fast service.
A really good experience all round. A great one to one transaction, which looked at the bigger picture, not just credit score. A brilliant asset to the online community and the growing band of self employed eBayers, who ofter find it difficult to get short term investment. I would highly recommend this approachable and friendly team.
We have been working with Iwoka for about 6 months now & it has definately helped us to increase our sales figures. The best part is that you can pay in as much as you like. So if things are busy you can send money to bring your balance down & save on interest. I have spoken with a few of the guys at Iwoka and they are very helpful & friendly.
it was very easy, no nervous interviews, no searching questions, no raised eyebrow at at a less than perfect financial, just a few clicks, a verification and off you go. Used it twice now and benefitted greatly both times. So yes, I'd say give it a try
Have used Iwoca twice now and found them to be very friendly and conscientious.
I will keep on using them
I don't usually bother leaving reviews for anyone, or anything. However, credit where, credit's due!
When I read reviews as glowing as mine online, I automatically think "yeah right - this has been written by the company themselves". I assure you, I am a genuine top-rated eBay power-seller, who is just extremely happy with the service.
Iwoca are an extremely friendly and helpful bunch. As an online seller, it is extremely difficult to get business loans - as most (if not all!) banks / loan companies still don't consider you as a 'real' business entity. This is clearly ridiculous, considering that online business is booming and the high street's in decline.
Never having had credit card / loans in the past (and having, applied for, but been refused business loans by the banks) - Iwoca judged me on my proven track record on eBay. Without Iwoca's help, I would probably have had to close my business.
The interest rates are very reasonable, money was transferred very fast - and Iwoca took a genuine interest in my business.
The bottom line..........the banks left me for dead (whilst investing heavily in 'the high street'). They were completely uninterested in how much money was going in and out of my Paypal account, or my earning potential.........only what my bank balance stood at (when I hardly ever use my bank account).
Iwoca took enough interest to see my obvious earning potential. They saved my business from a very sticky situation, and I am now completely self sufficient.
I wish Iwoca all the best for the future - thanks guys!
I've been using Iwoca capital since they started up and it has been good for my business. The rates are clear, you can settle up at any time without penalty and Iwoca the company are doing good things in supporting seller networking groups countrywide.
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