Following a new financing round earlier this year and Nesta’s Open Banking prize last year, London-based invoice finance provider Investly has opened their platform (investly.co/platform) to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their[...]
Josh Wade, the director of Skin & Tonic, has used Investly since December 2016. They sell their organic cosmetics in over 20 different countries through their ecommerce site and wholesale line.
Most of us agree that Christmas is a lovely time of year. There's bright lights, delicious food and drinks, and - of course - the office parties…
By far the most important piece of news is the launch of our new website. Our small but talented development team worked months to create a portal that will allow us to seamlessly scale our product. Most of the changes were done based on users’ feedback, which we value greatly. We will continue to improve the site and[...]
Meet Matt and Ben's Proper Fudge Company. With 7 Great Taste awards under their belt, they sure do know their sweets. Ben Robertson, the Director of Matt and Ben's has shared his story with Investly of how they went through the invoice finance process and what impact it had on their business.
The quarter has come to an end and it's time to have a look at the data. The first quarter was quite busy as we started offering invoice discounting not just in Estonia, but in the United Kingdom as well. Invoice discounting is doing great in Estonia, both local and international investors have quickly adapted to this[...]
lnvestly, a peer-to-peer lending platform that helps small business release cash tied up in invoices is gearing up for its launch in the UK and is offering an early access pilot program to a limited number of users.
There are two main options when companies are looking to sell their invoices: factoring and invoice discounting. There are some key differences that are worth considering to ensure you get the service that is right for you and your business.
In order to make the invoice discounting service as simple and easy to understand as possible, we have given a short example of a real life situation:
Example 1: Company perspective
A Company called Vitality Ltd issued an invoice worth £10,000 to their client Avangers Ltd for products that had already been delivered.[...]
We are proud to announce two new partnerships: Estonian small-business association (EVEA) and cloud accounting platform ERPLY Books.
Estonia's small-business development is often limited due to the availability of working capital and insufficient funds for growth. However, if small businesses want to survive they[...]