News

Announcements, updates, releases and more.

For media enquiries contact Mark Di-Toro:

press@iwoca.co.uk

SME lender iwoca secures new £200m funding led by Citi - increasing investment in the business to almost £1.5bn

iwoca, one of Europe’s largest SME lenders, announces a new £200m package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

Half of SMEs haven’t felt benefits of falling inflation, new research finds

Number of B2B sellers offering at least 60 day payment terms doubles since 2020, as value of outstanding invoices rises

iwoca SME Expert Index: Clouds part in small business outlook as SME brokers bullish on economy

The latest iwoca SME Expert Index reveals a surge in optimism among SME finance brokers, with 73% feeling positive about the future of small businesses. Despite the economic challenges, recession fears are at a record low, although political uncertainty remains a concern, with mixed opinions on the new Labour Government’s impact on SMEs.

Peterborough named best British city for SME jobs

SME lender iwoca publishes annual ‘Top 25 Towns & Cities for SME Jobs’ ranking for 2024, revealing the best places in Britain to work for a small business

Larger loans for SMEs: Applications for loans over £100k grow by half as SME optimism returns

SMEs are increasingly seeking larger loans over £100,000, with applications growing by 56% as optimism and demand for finance rise in 2024.

iwoca secures £270m from Citi and Barclays, taking total investment in the business past £1bn

iwoca secures £150m from Citibank and Insight Investment for its German expansion, as well as an additional £120m from Barclays and Värde Partners for the UK, taking total gross investment in the business past £1bn.

Wolverhampton tops rankings as best place in England to be a female entrepreneur

Wolverhampton is ranked the best city to be a female entrepreneur in England, according to a new study by iwoca.