Introducing Marketinvoice (www.marketinvoice.com):
Based in London, Marketinvoice is the UK’s first online platform allowing businesses to selectively sell the invoices of large business customers to raise flexible working capital.
Businesses can register on MarketInvoice within 15 minutes, and once approved, can trade invoices due to be paid in 30, 60, 90 days. Funds are advanced instantly from a pool of global institutional investors.
Since 2011 MarketInvoice has funded over £110 million worth of invoices, with 20% growth month-on-month in 2013. In August 2013 the UK Government became a buyer of invoices on the MarketInvoice platform, investing directly in UK SMEs looking to access working capital as part of the Business Finance Partnership.