Factoring Company for Sale in London, United Kingdom
For Sale: Invoice factoring web app and API technology to process high volume micro-invoices.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 97 thousand |
| EBITDA Margin | 40 % |
| Industries | Factoring + 1 more |
| Locations | London |
| Local Time | 4:14 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
360 thousand
(Native Currency: GBP 270,000)
Reason: One of the founders have family commitments and is moving abroad. The other founder is exploring dif...
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Interested to connect with advisors
Documents
Invoice Template
(1.1 MB)
Website Image
(669.5 KB)
API Documents
(471.1 KB)
Certificate of Incorporation
(79.4 KB)
Business Overview
- Our technology is one of the only invoice factoring API technology of its kind in the UK and Europe with a simple to follow developer documentation, that connects job marketplaces, invoice platforms and neo-banks with invoice factoring (instant funding) services through a seamless API interface.
- Secondly, we have a web app product where contractors and SMEs can make direct requests and manage their invoices on their dashboard. At the back-end, we have a customer admin portal to manage all the requests.
- Integrations:
1. Connected to a single invoice insurance API to automatically retrieve quotes and cover for the invoice.
2. Connected to programmable bank account to reconcile incoming and outgoing payments.
3. Built to scale thousands of micro-size invoices coming from platforms such as freelance job marketplaces.
- Secondly, we have a web app product where contractors and SMEs can make direct requests and manage their invoices on their dashboard. At the back-end, we have a customer admin portal to manage all the requests.
- Integrations:
1. Connected to a single invoice insurance API to automatically retrieve quotes and cover for the invoice.
2. Connected to programmable bank account to reconcile incoming and outgoing payments.
3. Built to scale thousands of micro-size invoices coming from platforms such as freelance job marketplaces.
Products & Services Overview
- Invoice factoring service.- Invoice factoring web app & API technology.
- Invoice verification workflow software.
- Xero integration that offers trade finance to Xero customers.
Assets Overview
- Invoice factoring web app and verification software.- API integration with a single invoice insurer, integration with programmable bank account.
- Invoice factoring API, the only API of its kind in the UK and Europe.
- Relationship with an invoice finance firm (£2 million invoice finance facility).
- Modern memorable brand and website with trademark registration.
Facilities Overview
Company is registered in London, UK. However, the founders and contractors work remotely.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysInvestor, Professional Services, Central Bohemian Region, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Consulting, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Ecommerce Investments, London, Corporate Investor / Buyer connected with the Business
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