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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.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 40 %
Industries Factoring + 1 more
Locations  London
Local Time 5:50 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 340 thousand (Native Currency: GBP 270,000)
Reason: One of the founders have family commitments and is moving abroad. The other founder is exploring dif... View More
Interested to connect with advisors
Documents
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.

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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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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