Frequently asked questions
Common questions about how Flôka works as a UK business funding broker. For questions specific to the eligibility check itself, see the FAQs on the check eligibility page. For anything else, our how it works page covers the full process, or you can contact us.
- What is Flôka?
- Flôka is a UK commercial finance broker. We help small and medium-sized businesses check their funding eligibility and connect with suitable lenders from our panel, rather than applying blind to multiple lenders and risking rejections.
- Is Flôka a lender?
- No. Flôka is a credit broker, not a lender. We don't lend money directly. We assess your eligibility against criteria from a panel of UK lenders and introduce you to the ones most likely to be a fit for your business.
- Is the eligibility check free?
- Yes, the eligibility check is completely free with no obligation to proceed. You only move to a full application if you choose to and if the result looks positive.
- Does using Flôka affect my credit score?
- The initial eligibility check does not affect your credit score, it's a soft check based on the information you provide. A hard credit search only happens if you go ahead with a full application with a lender, and we'll always make that clear before it happens.
- How does Flôka make money?
- We may receive a commission from the lender if you take out funding through an introduction we make. This doesn't affect the price you pay, and we don't charge businesses directly for the eligibility check or matching service.
- What types of funding can I check eligibility for?
- Our lender panel covers a range of UK business funding types, including unsecured business loans, working capital, and revenue-based finance. What you're matched to depends on your business's trading history, revenue, and circumstances.
- What if I have bad credit or have been declined before?
- Being declined by one lender doesn't mean you're not eligible elsewhere, different lenders have different risk appetites. The eligibility check looks at your revenue, profit, net assets, and existing debt alongside credit history, so it's worth checking even if you've had a poor credit history or a previous rejection.
- How is my data handled?
- Your information is only shared with lenders you explicitly approve, and we follow UK GDPR and Data Protection Act 2018 requirements throughout. See our Data Security and Privacy Policy pages for full detail.
- Who is Flôka for?
- Flôka is built for UK businesses only: Limited Companies, Sole Traders, Partnerships and LLPs trading in the UK. We don't currently support businesses based outside the UK.
- How long does the full application process take?
- Once you pass the eligibility check and choose to proceed, timelines depend on the lender and product, but many unsecured business loans can be offered within a few working days once your documents are submitted.