A flexible funding solution
Get choice over which invoice to fund, without having to commit your entire sales ledger. It's a great solution if you have seasonal or more occasional cash flow needs.
Here's how we're different
Quick response
Apply in minutes, same-day quote
Easy-to-use
Smart online platform reduces admin
Straightforward costs
No hidden fees
Personal service
Dedicated account manager
How selective invoice discounting Works
in 5 simple steps
Apply in minutes
All you need to get started is
- Your company's financial details
- Your latest statutory accounts
- Your last 3 months' bank statements
It only takes minutes to sign up, even less if you apply using online accounting software like Xero, Sage or Quickbooks.
Add a customer
Next, add a customer to your account by searching our system. If it's not already there, just add them manually.
We set all our customers up with a new Barclays client account, at no extra cost, so you can receive payment.
Upload your invoice
You can upload an invoice file, which our system will automatically pull details from. Alternatively, you can enter the invoice details manually.
Unlike traditional invoice factoring, we don't ask you to finance your whole sales ledger, so you can use us as and when you need financing.
Verify Invoice
We use discreet online invoice verification tool to check your invoices with your customer.
The tool will send your customer an email asking them to check the details of your uploaded invoice. In just a few clicks your customer reviews your invoice and you'll be notified instantly once they've verified it.
Get funding
Once verified, our investors can purchase your invoices and you could receive up to 90% of your invoice within 24 hours. You'll receive the remainder, minus fees, when your customer pays.
We have two sessions every day, at 12pm and 5pm, where our network of investors fund invoices from businesses like yours.
These investors are only funding your invoices, they aren't taking any stake or equity in your business.
Cost
We offer two options based on your funding needs:
No hidden fees, no surprises.
GOOD TO DEAL WITH AND EFFICIENT PROCESS
'The guys at MarketFinance are really good to deal with and worked hard to understand the business and were able to meet our needs.'
Paul (March 2017)
SIMPLE AND EFFICIENT
'Simple and efficient online platform supported by friendly, helpful Account Managers. This really is so easy to use and the reporting is really useful.'
Michelle (April 2017)
A pleasure
'MarketFinance has been a pleasure to work with. We've used invoice financing from others in the past, but none were as flexible or responsive.'
Richard (May 2017)
Eligibility Criteria*
You can use MarketFinance selective invoice discounting if...
or LLP based in
the UK or Ireland
£100,000 p.a. or annualised
income from current year’s trading
*Subject to T&Cs
Add-Ons
We've partnered with leading companies in credit insurance and credit control. These optional add-ons can run alongside our funding solutions for greater peace of mind and convenience. Speak to our team to find out more.
Credit Insurance
With Euler Hermes credit insurance you're protected in the event a customer becomes insolvent or fails to pay within the agreed terms and conditions.
Euler Hermes offers customer risk monitoring, prevention and recovery of unpaid debt, as well as compensation for uncollected receivables.
Credit Control
Through Veritas Commercial Services you have access to a wide range of credit control services. This provides credit collection support on a fully confidential basis and helps you to optimise your sales ledger performance.