Loans News from iwoca and EZBOB

Ecommerce financing company iwoca is to begin providing loans of up to £50,000, increased from a former maximum of £20,000.

Christoph Rieche, CEO & Co-founder at iwoca, said "There are over 300,000 online retailers in the UK of all different sizes. We recognised that some of our larger customers had very specific requirements that our previous maximum loan value could not service. This new product enables us to offer an even better service that will help our customers to grow their businesses."

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Competitor EZBOB has new integrations to take into account sales on Shopify and Rakuten, and offers loans of up to £40,000.

Tagged: Financing
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