iwoca Closes £250 Million Funding Structure with a Leading UK Bank and Waterfall Asset Management to Support More Businesses with Flexible Financeiwoca, one of Europe's largest SME lenders, has closed a new £250 million facility with a leading UK bank and WAM Capital. The number of SMEs iwoca has funded across the UK since 2012 has grown from 60,000 (2024) to 96,000. Loans of £50,000 - £100,000 accounted for 27% of all SME loan demand in Q1 2025, rising to 42% in Q1 2026. This facility means we can offer more businesses the kind of support they're looking for, backed by some of the best institutional partners in the market. We're delighted to be working with another leading UK bank and Waterfall - their confidence in our approach means a great deal, and together we can make a real difference to UK businesses."