written by cdelange on 21/03/2011
Marketinvoice provide a service whereby businesses can sell invoices to large companies due in 30,60 or 90 days and then receive cash instantly. I signed my company up and sold an invoice due to Tesco, who are very late payers. The invoice was auctioned and I received the cash into my company bank account the next working day.
As a new company, normally I found it difficult to source finance elsewhere, but I thought that the Marketinvoice solution worked well.
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