MarketFinance Limited, trading as MarketInvoice and MarketFinance, is a UK-based fintech lender launched in 2011. It offers working-capital solutions specifically for small and medium-sized enterprises, with a focus on invoice finance, revolving credit lines, and unsecured business loans. The company is regulated by the Financial Conduct Authority (FCA) and provides digital-first lending services suitable for established UK SMEs. This lender may be a fit for businesses seeking quick, unsecured financing without the need for hard asset security. Information on alternative finance loans and business loans gives additional context on these product types.
Key Features of MarketFinance
The lender provides seamless digital access and real-time facility management to support efficient funding and repayment experiences.
- 100% online application and funding with rapid decisioning; see more about same day funding.
- Cloud-based dashboard and integrations with popular accounting software such as Xero and QuickBooks for smooth data management; read on tools and resources.
- Multiple funding types (invoice finance, revolving credit, unsecured loans) available under one roof for flexibility; details at financing options.
Funding Eligibility
You may qualify for MarketFinance products if your company is UK-registered and has been trading for a minimum period depending on the product. A common requirement is at least £100,000 in annual turnover. Personal guarantees from directors are required, reflecting creditworthiness considerations.
- Minimum trading history ranges from 6 months to 24 months depending on the loan type; see loan eligibility requirements.
- Personal guarantees are a standard condition; understand guarantors and liabilities at guarantor definitions.
- Businesses must not operate within excluded sectors such as gambling, adult entertainment, or arms trading, and directors must generally be UK residents.
Loan Options
MarketFinance offers three main types of working capital finance products covering a range of business needs, terms, and amounts.
- Flex Loan (Revolving Credit Facility) offers £10,000 to £150,000 over a 12-month renewable term with interest rates of approximately 17% to 41% APR depending on utilisation. Learn more about revolving credit loans.
- Business Term Loan provides between £10,000 and £500,000 for 2 to 5 years with fixed APRs from about 7.9% to 19.9%. Explore details on term loans.
- Invoice Finance (Selective and Whole Ledger) facilities range up to £5 million with invoice advance rates up to 90%, and rolling terms. Fees and discount rates vary; further info at invoice financing.
How to Apply
Applying involves a fully online process designed for speed and ease, with required documentation to support quick decisions and funding.
- Submit your application electronically through MarketFinance’s platform with uploads of financial statements and business records; see the general application form.
- Provide documents such as latest filed accounts, bank statements, aged debtor listings, and identification details for directors; guidance on required application documents.
- Expect credit assessment within 24 hours, with funding often available on the same or next working day; learn more about loan application process.
Funding Agent's View on MarketFinance
MarketFinance suits businesses that prefer digital convenience and quick access to unsecured working capital products. Its offerings are best for UK SMEs with established trading histories and positive credit profiles. The necessity of personal guarantees and higher rates than secured lending means careful consideration is needed. Use tools like the loan comparison tool, check eligibility with our eligibility guide, and review financing options to decide if MarketFinance fits your requirements.
