iwoca.co.uk

4.7
4.7 Based on 261 reviews

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Average Rating

4.7

/
5

261 Reviews

5 Star
88%
4 Star
3%
3 Star
1%
2 Star
0%
1 Star
8%

All Reviews

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Review Time

Rebecca
Useless company wasted my time for months asking for irrelevant information just to decline the appl

Useless company wasted my time for months asking for irrelevant information just to decline the application which they could have done at initial stage instead of wasting my time i do not recommend this company at all.
İ would not waste any more of my time appealing against anything.
This is not ky first time applying for funding most companies within couple of hours approve or decline applications not ask for loads of information on shareholders, identity checks, roles & duties within the company how is any of this information relevant?? Only to be rejected why are we giving insight information on our company for no reason?? A big disappointment..

1
Date of experience: Feb 15, 2026
Jeffery Cooper
Complete waste of time; endless paperwork requests

This was a complete waste of time, as they kept asking for the same documents repeatedly, only to decline the loan citing low cash flow! Isn't that why businesses seek loans in the first place? It's far better to approach your business bank directly, which considers turnover and income, offering much better rates than this service.

1
Date of experience: Jan 07, 2026
MrBaltroX27
Ongoing harassment from the company

In line with my earlier feedback about this service, I continue to receive persistent letters despite having informed them multiple times that I'm not interested in their products or services. I will keep posting negative reviews every time I receive unwanted communication from this company. Based on other reviews, I see I'm not alone in this experience.

1
Date of experience: Jan 03, 2026
Orville Lewis
Totally misleading service.

This service is completely misleading. They fail to disclose the APR for their loans, presenting the interest rate monthly instead! When calculated, my loan offer amounted to a 30% APR. I've reported this to the appropriate authorities.

1
Date of experience: Dec 23, 2025
Thibault
Extremely simple

Extremely simple

5
Date of experience: Dec 22, 2025
Noah Chan
Simple to work with.

5
Date of experience: Dec 22, 2025
Marta
Funding made straightforward

The support team is always available when I need assistance, with funds transferred swiftly and effortlessly. Thank you all very much.

5
Date of experience: Dec 22, 2025
Logan R.
Very supportive staff and user-friendly.

Very supportive staff and user-friendly.

5
Date of experience: Dec 22, 2025
Astrid Johnson
Thank you for the prompt assistance

Thank you very much for the assistance you provided for my business payments. Approved very quickly, and the representative was incredibly helpful throughout the process.

5
Date of experience: Dec 22, 2025
Joshua Smith
Completely fraudulent service

This service is completely fraudulent. They do not provide the APR for their loans; instead, they show the monthly interest rate! My loan offer calculated to a 30% APR. I've reported this to the authorities.

1
Date of experience: Dec 20, 2025

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