iwoca, a European lender specialized in small and medium-sized enterprises (SMEs), has joined forces with Teya, an integrated financial platform designed for SMEs, to offer the Flexi-Loan solution to a broader audience through Teya’s digital ecosystem.

Now, Teya users can easily apply for iwoca loans via their app or web interface. The offered amounts range from £1,000 to £1 million, with flexible repayment terms extending up to 60 months. Applications are processed digitally, and businesses can secure funds in just minutes—without any paperwork.

Expanding Access to Working Capital

iwoca is a European fintech company dedicated to providing swift and flexible finance solutions for small business cash flow management. The company aims to finance one million businesses through the application of technology, data, and reliable service.

As demand increases for rapid and convenient financing among UK SMEs, iwoca’s SME Expert Index indicates that 73% of finance brokers prioritize faster decision-making. The company seeks to empower UK businesses by making working capital accessible without undue red tape. According to the index, 76% of UK finance brokers anticipate an increase in demand for financing over the coming months.

Through this partnership, iwoca and Teya aim to address these needs by embedding fast and flexible lending directly into essential business finances. This collaboration is a significant step toward closing the funding gap and supporting entrepreneurs across the UK. Teya’s mission is to provide tools that enable businesses to scale without unnecessary complexity, aligning with iwoca’s belief in providing SMEs with uncomplicated access to necessary finance for growth.