UK-based small business lender iwoca has received a new £200m funding line with initial commitments from Barclays and Värde Partners.
In January this year, iwoca secured an increase and extension to its existing funding line, with long-standing partner Pollen Street Capital - from £125 million to £170 million - as demand for SME finance soared. With the new £200 million funding line from Barclays and Värde, this now takes the total debt commitments to over £850 million.
