We’ve made great progress over the past 5 years, helping thousands of businesses across the UK access funding through our invoice finance platform. Our ambition is to help many more and that’s why we’re launching a brand new service: MarketInvoice Pro.
Our customers have told us that, as their businesses grow, they need a stable source of funding without the administrative burden of selecting individual invoices to finance.
MarketInvoice Pro is a scalable credit line backed by aggregate invoices that a company has outstanding. Designed for growing and larger businesses with a regular funding need, it offers a funding line that businesses can draw down.
What makes our service unique is the work we’ve done to integrate our systems with the top accounting software packages making risk-underwriting and ongoing draw-downs an easy and hassle-free experience.
This launch marks a significant milestone for us and signals our intent on shaking up and challenging the £160 billion invoice finance market. Our aim is to build tech-led funding services that are the fastest to set up and easiest to use in the market.
Making scaling easier
Since we launched in 2011, we’ve advanced funding against over £1 billion worth of invoices, contributing to the growth of thousands of UK businesses. Last year alone we advanced an average of £2,196 per minute.
We are here for businesses that are scaling up. The number of scale-up businesses has been growing every year, and have the potential to deliver 150,000 additional jobs in the UK by 2034*.
Our new funding solution offers these businesses the cash they need to grow, without losing precious equity or relying on overdrafts or bank loans.
Customer success stories
MarketInvoice Pro is already helping businesses thrive. Businesses like Omniplex, an e-learning business servicing global clients.
They came to MarketInvoice because other finance companies just didn’t understand their funding needs. They had 800 customers across multiple countries, so traditional invoice finance was difficult to administer. MarketInvoice Pro has given them an easy to use funding line that has helped them grow their business overseas.
Karyn Pritchard, part-time FD at Omniplex said: “It has been a dream. We are extremely happy. We’re also really grateful for the personal touch, we feel really looked after. All in all, MarketInvoice’s service is faultless.”
About the service
MarketInvoice Pro offers businesses funding secured against outstanding invoices, with flexibility to grow in line with sales.
Easy to useIt’s easy to set up and businesses can expect an initial funding decision within days, rather than waiting weeks. Our service integrates directly with popular accounting software, so no more time-consuming manual uploads.
Simple feesWe’ve kept things really simple. Businesses just pay one monthly subscription fee, plus interest on whatever they borrow. That’s it. No hidden fees and no nasty surprises.
Personal serviceEach customer is assigned a dedicated account manager to offer help and guidance. Say goodbye to dealing with customer call centres.
Find out more about MarketInvoice Pro on our website, or give one of our friendly team a call on 020 3733 5983
*ONS Business Structure Database based on IDBR. Figures may differ slightly from those published in ONS outputs due to rounding.