Iwoca

Who is Iwoca?

With over 50,000 SMEs financed and a loan volume of more than €1 billion, Iwoca is one of the largest providers of loans to small businesses in Europe. The ...

What kind of loans does Iwoca grant?

Iwoca grants business loans from 1,000€ to 100,000€ with terms of up to 12 months. The decision & disbursement is made within a few hours.  Customer...

What is the interest rate and what are the minimum requirements for Iwoca loan?

The effective interest rate is 1.9% per month on the outstanding repayment amount Minimum requirements: More than €10,000 annual turnover Operatio...

How can I apply for a loan with Iwoca through Penta?

First of all, you need to have an active business account with Penta. To apply for a loan with Iwoca, please select the menu “Funding” in your Penta acc...