Best MCA Provider for Small Businesses UK

Winner: iwoca

iwoca is the only MCA accepting businesses from £3,000/month revenue. YouLend requires £8k, 365 Finance requires £10k. For small businesses, iwoca is often the ONLY option.

  • Minimum: £3,000/month (lowest in UK)
  • Rates: 1.08-1.25x (best available)
  • Amount: £1k-£500k
  • Rating: 4.7/5 (highest)

Why iwoca Wins for Small Businesses

  1. Lowest minimum revenue (£3k): Accepts businesses others exclude
  2. Small amounts available: From £1k (others start at £5k-£10k)
  3. Best rates: 1.08-1.25x vs competitors' 1.10-1.40x
  4. No PG under £50k: Protects small business owners' personal assets
  5. 6-month minimum trading: Same as YouLend/365

Small Business Approval Rates

  • £3k-£5k monthly: iwoca 75% / Others decline
  • £5k-£8k monthly: iwoca 80% / YouLend 40% / 365 declines
  • £8k-£10k monthly: iwoca 85% / YouLend 75% / 365 declines

Conclusion

For small businesses (under £10k/month revenue), iwoca is the clear winner - often the only MCA option, plus best rates and no personal guarantee under £50k.

Small Business Funding

iwoca accepts from £3k/month. Get approved where others decline.

Get iwoca Quote