Providing a clear view of the future for growing business finance
Author
Our mission at MarketInvoice is to make the world of finance more efficient and transparent for small and growing businesses. Short-term finance in the UK is dominated by dinosaurs. The banks are slow beasts, who make decisions with seemingly very little justification.
One of the biggest issues businesses face when accessing short-term finance is understanding how much they will pay. This is particularly true of invoice finance. As it’s not regulated (despite pressure to do so) in the UK, providers aren’t required to be clear about costs, meaning businesses end up tied to long contracts littered with hidden fees.
At MarketInvoice, we aim to cut through the jargon and clear the air around pricing.
We recently spent a day with a client of ours, Fishrod, to hear about their incredible growth and talked about the financial challenges that businesses face, when, until final stages, their primary asset is the idea.
The tech world is fast moving, innovation is a necessity and being small and agile is the reason this business is at the top of their game. Similarly, the speed of growth and innovation in FinTech and alternative finance has been phenomenal in the last two years. London’s FinTech sector attracted record levels of investment in 2014 and now outplays New York and Silicon Valley in terms of employment. With an unrivalled combination of talent, connectivity and status as one of the world’s leading financial centres, London is uniquely placed to drive innovation in this sector for years to come. As the fourth largest peer-to-peer lender, and the largest peer-to-peer invoice finance provider, we are at the heart of this drive bringing the world of finance into the 21st century.
A milestone passed | Bank Referral Scheme Post Implementation Review
Alternative Business Funding Chairman, Adam Tavener's thoughts on HM Treasury's Bank refer...
LEARN MOREConsidering taking the plunge and starting a business?
Has Coronavirus made you think about becoming a business owner? ABF Chairman, Adam Tavener...
LEARN MORECountering currency volatility during the coronavirus
The acceleration of the coronavirus crisis in March led to some dramatic currency movement...
LEARN MOREPreserving our enterprise heritage. Now is the time to be bold.
One thing that is certain, in a currently very uncertain world, is that right now small bu...
LEARN MORE