Imagine a new way to get funds within 48 hours by submitting your outstanding invoices on a platform after filled out your information online
This dream scenario is now a reality brought by MatchPlace through its Invoice Funding (IF) service launched last week. Using a peer-to-peer model for the funding of companies, MatchPlace IF offers a platform that matches investors directly with SMEs who want to sell their outstanding invoices to free up their working capital.
This invoice financing service offers a series of benefits
1. A streamlined process
Registration takes usually up to 24 hours. As soon as it is registered on our platform, any company can submit invoices which are processed through our automated systems for a streamlined access to funding.
2. A quick way to release funds
Interaction between SMEs and Investors is near instantaneous thanks to the peer-to-peer model.
As soon as an invoice is open for funding, we offer the financing opportunity to our set of investors. The funding of the invoice is typically completed in 48 hours with the funds sent directly to the company’s bank account.
3. A fair cost of financing
MatchPlace determines a cost of financing based on an invoice main characteristics and our customer’s unique circumstances. The cost is therefore tailored to the need of our customer rather than a blanket rate as typically offered by other financial institutions.
We also do not have hidden fees. In particular, we do not ask for early payment fees if the invoice is settled before the due date.
For further information on our services, you can contact us at email@example.com or on +44 (0) 203 865 5367.