iwoca link to Magento with £50 for first 20 retailers

By Chris Dawson July 14, 2013 - 11:40 pm

iwoca featiwoca have announced an integration with Magento, this enables online retailers with a Magento store to use there website turnover in conjunction with marketplaces when applying for a loan.

To celebrate this milestone, iwoca are giving £50 to the first 20 Magento sellers who link their Magento accounts to iwoca.

iwoca now enable sellers to connect multiple ecommerce platforms including eBay, Amazon, Linnworks and now Magento to iwoca, allowing iwoca to instantly assess a seller’s performance and offer loans from £500 to £50,000 to help small businesses grow.

I’m immensely encouraged by the activity of the private loans companies like iwoca. The banks still aren’t lending to small businesses but businesses still need finance. Whilst it’s a shame that traditional sources of finance have dried up, at least for the foreseeable future there are alternatives to keep greasing the wheels of ecommerce.

  • Steve
    4 years ago

    Wonder if linking to OpenCart is also on the IWOCA roadmap?

    Guess I could just drop them a line, they’re great people.


    • Tom@iwoca
      4 years ago

      Hi Steve. Nothing to announce just yet, but we’re looking at integrating with lots more platforms in the very near future – we’ll make sure to keep you updated!

    • Steve
      4 years ago

      Thanks Tom.

      Combined with OpenBay, OpenCart is a compelling multi-channel (Amazon, eBay, Play) solution – at a fraction of the price of other “Channel…” alternatives.

      See everyone, I said IWOCA were nice people. ;-)


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