News Article

German Bank invests £45m in MarketInvoice Platform

German private bank, Varengold, has agreed to provide £45m of funding to MarketInvoice annually to assist its drive for SME funding.

Advances from institutional investors in the MarketInvoice platform has increased from £27.8m in 2014 to £116.3m in 2017.

Last month MarketInvoice also announced a partnership with Veritas Commercial Services, giving them access to more than 400,000 smaller businesses.

If you require any advice on this type of funding, please contact the team at Avanti who can offer comparisons in the market place.

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