News

MarketInvoice hits GBP 1 bln invoices funded

Tuesday 29 November 2016 00:00 CET | News

MarketInvoice, the peer-to-peer (P2P) business lender, has funded GBP 1 billion worth of invoices through its platform.

Launched in 2011, MarketInvoice helps small businesses ease their cash flow by selling outstanding invoices.

Of the GBP 1 billion the lender has funded, half of that amount has been advanced in the past 14 months.

MarketInvoice has also revealed a new local authority partnership with Leeds City Region Enterprise Partnership (LEP), that will see GBP 2 million a year made available to small businesses in the region through the company’s platform.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MarketInvoice, invoice, cash flow, funding, P2P, UK
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech






Industry Events