Investly has launched a peer-to-peer lending platform targeting UK SMEs. Investly is an invoice finance platform similar to market leader MarketInvoice. As part of the UK launch, Investly is offering the 20 first accepted companies the chance to sell an invoice worth up to £5000 discount free. Investly explains it has simplified the invoice financing process […]
MarketInvoice, a peer to peer lender that provides cash flow finance, is pointing to data that indicates London SMEs are moving away from banks and towards online lenders. According to MarketInvoice, information from the British Bankers Association (BBA) shows new loans to London SMEs crumbled 40% in Q3 of 2015. The report continues to explain […]
An Essex-based construction recruitment firm is set for further growth after agreeing a new banking facility to “boost business and lend further support to the UK housing market”. Mansion Recruitment was established and is run by Carl Webb, an “experienced and well-connected” recruiter with a background in the construction industry. Having launched the company in […]
Platform Black, a provider of alternative finance to UK businesses, has expanded its team, signalling continuous growth and increasing demand in the sector. The three new hires bring significant invoice trading and supply chain finance expertise and will support the company, which has provided £117 million in working capital to UK SMEs to date. Helen […]
A Liverpool firm has installed ventilation systems on three floors of London’s iconic Shard for the world’s largest private health provider, thanks to a financial package with an invoice finance specialist. URICA provides funds against invoices but differs from conventional factoring by, instead, paying cash to the supplier, up front. It has enabled AG Vent […]