What is alternative finance? Making Alternative Finance easy…

October 24th, 2015|

Alternative finance covers various forms of finance outside of the control of traditional financial institutions. For centuries, these established firms have made considerable amounts of profits by charging extremely high fees and not suffering from any real competition until now. Over recent years there has been considerable growth of the alternative finance industry offering diverse […]

Invoice trading marketplace NoviCap secures $1.7 million in funding

September 27th, 2015|

NoviCap, the invoice trading marketplace, has announced a $1.7M Series Seed. The company, which launched in 2014, allows small and medium companies to access financing by selling their outstanding invoices to professional investors who can access a new asset class with double-digit returns.

Investors can access a new asset class
Focussing on SMEs with blue-chip debtors, NoviCap […]

Platform Black looks to fill small business funding gaps

September 2nd, 2015|

A director of a U.K.-based invoice-trading company believes that although companies can use his platform for just a single invoice, they will come back again and again.

That is because invoice trading fills crucial funding gaps that plague many small businesses while stifling their growth, John Regan said.

Mr. Regan said Platform Black began funding invoices in […]

Invoice discounting as a liquidity source for SMEs

August 20th, 2015|

The lack of liquidity available to SMEs to fund their operations is a well-documented problem. The knock-on impact of small businesses being unable to grow is considered a major factor holding back the global economy. In the absence of adequate supply from traditional lending sources, invoice discounting is becoming an increasingly popular way for SMEs […]

UK peer to peer lender MarketInvoice just raised £6 million from a Nordic fund

August 19th, 2015|

MarketInvoice, a peer-to-peer business lender, just closed its first major round of financing despite already being four years old and lending over £475 million ($741 million) to date over its platform.

The London startup has raised £6 million ($10 million) from Nordic venture capital firm Northzone, which also backed Spotify, and the family office of Paul […]

How this Singapore Fintech startup is plugging the SME funding gap

August 3rd, 2015|

Among the financial technology (Fintech) startups aiming to disrupt the traditional banking sector, Singapore-based ApexPeak is set on resolving the funding gap faced by small and medium-sized enterprises (SMEs) worldwide.

Access to funding has long been an issue for start-ups and small businesses, with 2008’s global financial crisis further crimping the ability of banks to lend, […]

Five businesses using invoice finance to fuel growth

July 31st, 2015|

The guys from GrowthBusiness.co.uk meet five companies which are successfully using invoice finance to close acquisitions, satisfy big contracts and solve seasonal cash flow issues.

The struggle that businesses go through in order to secure finance can often be one which is detrimentally disruptive to the day-to-day running of a company.

When new opportunities present themselves, business builders […]