MarketFinance operates an online lending platform focused on helping small and medium-sized UK businesses smooth cash-flow and fund growth. Its core offerings include invoice finance, business loans, and the newly launched Flex Loans, an unsecured revolving facility of up to £100,000 that can be drawn down and repaid in instalments over 3–12 months. The company has been accredited by the British Business Bank to issue Recovery Loan Scheme (RLS) facilities of £50,000–£250,000, having previously deployed £250 million under the Coronavirus Business Interruption Loan Scheme. Management states that increased digital demand drove the business to profitability in 2021 H1 and that it intends to lend a further £250 million through the RLS. MarketFinance ultimately targets nearly one million UK SMEs facing short-term funding gaps. The latest capital raise bolsters its balance sheet to support expansion of both Flex Loans and RLS lending.

Total raised

$437M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2024