You do great ongoing work for your clients on contracts, licences and retainers, but having to wait up to 12 months to see all of the money from these contracts can put a lot of strain on your business – especially when you have payroll, project costs, or other overheads to pay.
With MarketInvoice you can now unlock up to 80% of the cash in your contracts, licences and retainers. No need for days of paperwork or ongoing admin - with Contract Finance you can access a sizable amount of any recurring revenue upfront, up to £1 million in 24 hours.
To get started, all you need is your company’s financial information and latest bank statements. It takes just 15 minutes to sign up; if you use online account software like Xero, Sage, or KashFlow, it takes even less time. We’ll give you a call within 15 minutes to help you get started.
Upload your contracts to sell on our online platform and state the number of payments you want advanced (up to a year). We can also help you fund your invoices, find out more.
To check your contracts are legitimiate we use our Verification Cloud technology. Don't worry, apart from one discrete verification email, we’ll never contact your clients at all.
When they've been verified, we’ll sell your contracts online in one of our two daily trading sessions to our network of investors. If you trade before 12pm, you could have your money in your account by the end of the business day.
Founder of male grooming brand Scaramouche & Fandango
“MarketInvoice has been invaluable in allowing us to liquidate cash from longer term payers and reinvest the capital to grow our business.”
Just 8-15% APR on advances of up to £1 million. This is an indicative cost and will depend on your business. Each month that payments come in reduces the outstanding balance (and therefore reduces the monthly investor fee you pay).
Upload a 12 month, £100,000 contract
Get paid £73,000 upfront in 24 hours
(75% of funds upfront minus 2% fee. We offer advances up to 80%.)
Get paid £18,000: when the balance of the advance has been paid, you get the rest of your money.
Total fees: £9,000 (2% of advance plus 1.7% of remaining balance per month the advance is outstanding)
This example reflects what a typical customer would expect to pay with typical usage. To access a full cost calculator that can give you a tailored price, give us a call or sign-up here.
We love helping businesses succeed, which is why we approve around 90% of applications.
YOU CAN USE CONTRACT FINANCE IF ...
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Check out our FAQs for more info about MarketInvoice, and how it all works.