Which companies can use MarketInvoice?
To qualify as a business member on the Marketinvoice platform you must be a UK limited company or UK limited liability partnership which:
- Sells goods or services to large end customers (business-to-business transactions)
- Has at least 6 months trading history (although Marketinvoice will consider accepting start- up companies within certain industries and which satisfy particular criteria – get in touch to find out more)
- Passes the Marketinvoice financial and anti-fraud qualification process
The majority of our business members will have annual revenues of between £250,000 and £50 million and trade to some degree with businesses that are major, creditworthy end-customers.
Marketinvoice conducts rigorous checks on all sellers.
Sellers of invoices might include:
- Businesses which are overtrading, experiencing high growth, and have large customers who take significant time to pay invoices.
- Businesses which see large swings in their cash needs over the course of a trading year but do not want to be locked into expensive traditional invoice discounting or factoring arrangements
- Businesses with complex business models, or with a short trading history, resulting in them having problems obtaining cash flow from traditional sources
- Solicitors and barristers invoicing the legal services commission