invoice finance Back to contents Pros
n You don’t give away a stake n You retain control
n Potentially lower interest rate due to auction system
Introducing... Invoice finance
Cons
n Only available to those with large clients n Good credit rating needed n More complex than straight debt or equity
MarketInvoice MarketInvoice is an online invoice auction platform for small business – an ‘eBay for invoices’ in simple terms. Businesses can register on the website, and then auction their invoices due. Institutional investors then compete online to provide funding at the lowest cost. Since February 2011, MarketInvoice has advanced £20 million to a host of SMEs in a wide variety of sectors. n
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