Tagged: marketfinance

September 27, 2021 @ 7:51 am By Omar Faridi  |  

UK-based MarketFinance, a leading online lender that recently raised £280 million in debt and equity and was approved for flex loans, notes in a blog post that there’s “no denying” that last year was quite tough. However, the MarketFinance team claims that “things are looking up”… Read More

September 21, 2021 @ 11:33 am By JD Alois  |  

MarketFinance, a top online lender based in the UK, has announced a £280 million debt and equity funding while simultaneously announcing its accreditation under the Recovery Loan Scheme (RLS). MarketFinance was previously approved as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS) having… Read More

September 12, 2021 @ 11:28 pm By Omar Faridi  |  

UK’s MarketFinance, one of the largest P2P invoice financing platforms, notes that if you’re a regular “around these parts,” then you’ll have most likely seen their “flex loans” cropping up quite often. As explained by MarketFinance, flex loans give small businesses fast and “flexible access”… Read More

August 21, 2021 @ 12:00 pm By Omar Faridi  |  

UK-headquartered MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that assisting your clients with getting back on track with their growth plans is a key priority for your accounting company. And making use of the latest UK government financial support for… Read More

July 30, 2021 @ 7:56 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that during the month of July 2021, new changes to the Prompt Payment Code came into effect. Announced in January of this year, the changes have been designed “to strengthen the position… Read More

July 18, 2021 @ 10:26 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, acknowledges that they understand the “stresses” and “frustrations” that small businesses go through on daily basis. Although they cannot fix everything, the company explains that they can provide you the financial “firepower” you… Read More

June 17, 2021 @ 11:59 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that at their company, the whole team connects every week for their (presently virtual) Townhall. But now that COVID-related restrictions are gradually easing and businesses can “take stock” of this past year,… Read More

May 25, 2021 @ 1:39 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that in early March 2021, Chancellor Rishi Sunak had announced the UK government’s Help to Grow program in his Spring Budget. MarketFinance notes in a blog post that the program is designed… Read More

March 11, 2021 @ 7:32 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has reported reaching profitability as it returns a record start to the year. The Fintech business lender has reportedly started the year off with a considerable increase in lending volumes. MarketFinance has disbursed… Read More

December 31, 2020 @ 10:03 pm By Omar Faridi  |  

Anil Stocker, CEO and Co-founder at UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that like many of the businesses they support, MarketFinance spent the past 10 months dealing with major changes and challenges, “finding ways forward against all the… Read More

September 22, 2020 @ 8:03 am By Omar Faridi  |  

MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has cautioned that many UK-based SMEs could soon run out of cash. This, as the government-backed funding schemes are scheduled to end soon. The Coronavirus Business Interruption Loan Scheme (CBILS) will end on September… Read More

May 14, 2020 @ 3:47 pm By JD Alois  |  

The British Business Bank has announced new lenders approved for the Bounce Bank Loan Scheme (BBLS) as well as the Coronavirus Business Interruption Loan Scheme (CBILS). The BBLS and CBILS are two programs designed to support the UK economy during the COVID-19 pandemic. Two new… Read More

January 18, 2020 @ 9:32 am By Omar Faridi  |  

MarketFinance is one of the world’s largest peer-to-peer (P2P) invoice finance platforms. Established in 2011 and based in London and Manchester, MarketFinance has reportedly issued more than £1.1 billion (appr. $1.4 billion) in funding to thousands of UK-based businesses. MarketFinance assists business owners in dealing… Read More

January 7, 2020 @ 1:32 am By Omar Faridi  |  

New research performed in the UK has revealed that fewer business-to-business (B2B) invoices were paid late in 2019 when compared to 2018. Construction company Kier Construction is among several firms that have benefited from the UK’s efforts to settle payments in a timely manner. The… Read More

December 22, 2019 @ 11:59 am By Omar Faridi  |  

Peer-to-peer lenders reportedly raised over £7 million (appr. $9.1 million) to fund the ongoing development of their platforms via crowdfunding in 2018. Overall, Fintech has been a hot sector of crowdfunding with many big names in the emerging financial services sector recognizing the benefits of… Read More