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MarketInvoice launches new financing product

Friday 10th February, 2017

MarketInvoice, the peer-to-peer online invoice finance platform, has launched MarketInvoice Pro – a confidential invoice discounting service - using technology to provide finance faster for businesses that have a regular funding need.

MarketInvoice is aiming to double its lending in 2017 with the launch of MarketInvoice Pro which offers businesses an open funding line against their outstanding invoices.

The growth target is underlined by significant demand from existing users, interest from investors seeking to increase their deployment on the platform and a recent GBP 7.2m investment into MarketInvoice by MCI Capital and Northzone Partners.

MarketInvoice’s main strategic ambition is to broaden its offering to be able to support a wider range of businesses, from start-ups to businesses looking to scale-up.

The new confidential invoice discounting line is secured against outstanding invoices.

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