At Marketinvoice we offer savvy growing businesses a new type of invoice finance. We help our clients access funds tied up in outstanding invoices, but we're not the invoice factoring you may know about. Businesses can sign up, sell an invoice and draw down funds all in the same day. There's no more need to wait 120 days for customers to pay.
We are a dedicated group of tech-lovers and industry professionals with the common goal of providing fast, flexible finance with a minimum of fuss. To date we have helped businesses trade over £850m invoices to help UK businesses access working capital.
We help businesses access funds that they are owed, but tied up in long-dated invoices. So we will fund businesses from practically any sector that sells goods or services to to other businesses and takes payment by invoice.
Typically we fund businesses that have a number of business clients.
As we said, we're different to traditional invoice factoring companies. Funds can be accessed within 24 hours of application and there are no contracts, hidden fees or personal guarantees.
We're passionate about making the world of business finance more efficient and transparent. Many of us know first hand the pain that can be caused by business customers paying late. We've taken a business-centric approach to developing our working capital solutions to make sure we're serving businesses as best we can.
"We have always found the MarketInvoice team to be professional and responsive... we would definitely recommend them."
"MarketInvoice offers a cost effective, swift and efficient way to smooth out the rollercoaster effects that sometimes affect cash flow, whether foreseen or otherwise."
Q: What's the strangest/most interesting funding request you've ever had?
A: At Market Invoice, we've worked with a number of businesses. One notable one is G'Nosh, which sells gourmet dips through a range of large retailers, including Ocado, Selfridges and Whole Foods. Some of the large retailers have long payment terms resulting in the need for working capital growing as the company has.
We have been able to provide them the financing they need and put them in control of when they access finance and what invoices they use.