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Partnership with iwoca

Partnership with iwoca

Ampere partners with iwoca to provide customers with flexible business loans

05.04.2024
2 min read

We're thrilled to announce a partnership with iwoca, a leading financial technology company specialising in providing fast and flexible loans to small businesses. With Ampere and iwoca by your side, you have the resources and support to turn plans into reality.

Who is iwoca?

iwoca is a financial technology company that offers quick and flexible finance options to small businesses across the UK and Germany. Since its launch in 2012, it has approved over £3.5 billion in loans to more than 90,000 businesses. iwoca aims to expand the possibilities for small businesses by providing fast, fair, and flexible finance, making it easier to access funds to support cash flow and grow businesses.

Why this partnership matters for your business

This collaboration brings you a powerful combination of Ampere's banking services and iwoca's UK business loan solutions. Here's what it means for you:

  • Lightning-fast approvals: You can get a decision in minutes – the fastest recorded at iwoca being a mere 2 minutes and 37 seconds. Funds are typically secured within 24 hours;
  • Flexible loans up to £500,000: iwoca's Flexi-Loan offers funding from £1,000 to £500,000 with repayment terms ranging from 1 day to 24 months. Plus, you only pay for the time you use the funds, and there are no penalties for early repayment;
  • Convenience: You can apply for an iwoca Flexi-Loan directly within your Ampere account, streamlining the process and saving you valuable time.

Benefits of Ampere & iwoca business loans for your SME

  • Unlock growth potential: Get the capital you need to invest in inventory, cover operational costs, or pursue new ventures.
  • Improved cash flow management: Bridge temporary gaps and ensure a smooth financial flow.
  • Enhanced flexibility: With a line of credit at your disposal, you can access funds as your needs evolve.

Ready to apply?

Head to your Ampere account to initiate a business loan application with iwoca. Here's a quick reminder of the eligibility criteria:

  • You must be based in the UK and trading as a Limited Company;
  • The application has to be made by a company director;
  • You must have no overdue accounts on Companies House.

Apply today and unlock a new chapter of growth for your venture!

Visit the AMPS section of your Ampere app and apply for the loan, or contact our support team to learn more.

Visit iwoca website
Expand your business with Ampere
By Ampere
All-In-One Financial Service for Business
05 April 2024