Capitalise vs iwoca: UK Business Finance Comparison 2026
See how Capitalise compares to iwoca side by side, then get three tailored quotes to weigh alongside them. Free, no obligation, and nothing to pay if you decide not to proceed.
Start here: what fits your business?
These are different products rather than like-for-like invoice finance rivals (Capitalise: funding platform via accountants (broker); iwoca: flexi-loan and revolving credit (not invoice finance)). UK businesses still weigh them side by side, so the real question is which job you need doing, not which is the better invoice finance line. Capitalise matches you to a panel funder (its stated speed: funds 24 to 48 hours after approval); iwoca typically takes 24 hours (approval) to set up. Capitalise has no single minimum; each panel funder sets its own, iwoca does not publish a minimum turnover figure.
Side-by-side
Full reviews: Capitalise · iwoca
| Compared on | Capitalise | iwoca |
|---|---|---|
| Product type | Funding platform via accountants (broker) | Flexi-loan and revolving credit (not invoice finance) |
| Min turnover | No single minimum; each panel funder sets its own | Not published |
| Advance rate | Up to 90% (funder dependent) | N/A (credit line, not advance against ledger) |
| Typical fee | Funder rates via platform matching | Rates starting at 1.5% per 30 days on drawn balance |
| Confidential available? | Yes, via panel funders | N/A |
| Factoring available? | Yes, via panel funders | N/A |
| Setup speed | Funds 24 to 48 hours after approval | 24 hours (approval) |
Sources for these figures: Capitalise: invoice finance via its panel of 130+ UK lenders; advance "usually reaching your account within 48 hours of approval", first advance "within 24 hours" once approved · Capitalise: invoice discounting (confidential) · Capitalise: invoice factoring, advance up to 90% · iwoca: rates from 1.5% per 30 days, approval within 24 hours · iwoca: founding date
When Capitalise wins
- Funding platform with 130+ UK lenders on its panel.
- Also offers business credit scores.
- Routes invoice finance alongside loans and asset finance.
- Strong fit when your accountant manages the process.
Best for
Businesses whose accountant arranges funding, Owners who also want a business credit score, Comparison-led buyers.
Watch outs
- A platform and broker, not a direct lender.
- Terms and underwriting set by the matched funder.
When iwoca wins
- Decision in 24 hours in almost all cases, by iwoca's account.
- No factoring of the ledger and no customer notification.
- Draw and repay flexibly; interest only on what is used.
- Strong fit when there are few or large single debtors.
Best for
Businesses with few invoices, Fast one-off cash flow gaps, Owners who want no debtor contact.
Watch outs
- Not invoice finance: it lends against the business, not invoices.
- Monthly interest can exceed invoice finance for sustained borrowing.
FAQ
Capitalise or iwoca: which fits your business in 2026?
They do different jobs (see the product types above), so pick by the job you need doing.
How do Capitalise and iwoca price their facilities?
Pricing: Capitalise, funder rates via platform matching; iwoca, rates starting at 1.5% per 30 days on drawn balance. Get a written quote from each on the same invoices and compare the total cost.
Can I get a confidential facility with either Capitalise or iwoca?
Capitalise is not a lender itself, but confidential invoice discounting is available through the funders on its panel, who set the terms. iwoca is not an invoice finance facility, so confidential invoice discounting does not apply.
Who is each one not suited to?
Capitalise is a poor fit for direct-to-lender applicants. iwoca is a poor fit for high-volume sales ledgers better suited to factoring. If that describes your business, you can get free quotes through our quote form.
Can Market Invoice help me choose between Capitalise and iwoca?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and we pass your details to one or more of the finance partners we work with, who come back to you with quotes, with no obligation to proceed.
Related
Sources
- Figures for Capitalise come from its own website.
- Figures for iwoca come from its own website.
- Capitalise: invoice finance via its panel of 130+ UK lenders; advance "usually reaching your account within 48 hours of approval", first advance "within 24 hours" once approved
- Capitalise: invoice discounting (confidential)
- Capitalise: invoice factoring, advance up to 90%
- iwoca: rates from 1.5% per 30 days, approval within 24 hours
- iwoca: founding date
Get free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. We pass your details to one or more of the finance partners we work with, who come back to you with quotes. Free, and no obligation to proceed.
Get my quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
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Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to Kriya, Allica Bank or to any provider named on this page. We may be paid by the finance partners we introduce you to. This could be a fee or commission, depending on the partner and the finance arranged. It does not change what you pay. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative; larger facilities are commonly priced bespoke, so confirm terms directly with the provider before you sign.