Real Business Funding, our first ever event to illuminate the best sources of funding for your business, is less than two months away. Meet the entrepreneurs, investors, and experts who will help us shed light on the finance market…
Today’s featured speaker is:
Invoice finance disrupted: the new ways of raising working capital
Anil Stocker co-founded and launched financial start-up MarketInvoice, an online trading system that gave small and mid-sized businesses a new way to raise working capital. The platform allows businesses to raise cash by auctioning invoices due from large end customers, receiving bids from global professional investors who advance up to 90 per cent up front. The process is confidential, and comes with no arrangement fees, no monthly fees and no need for personal guarantees.
The company was recognised as a top 20 start-up of 2012 by Startups.co.uk, as well as being shortlisted for Best Alternative Funding Provider” at the March 2012 Business Moneyfacts Awards. MarketInvoice recently won City AM’s Innovation of the Year award 2012 and was also shortlisted as a Smarta Top 100 UK startup in October 2012.
Since trading began in February 2011, MarketInvoice has channelled over £30m through invoice auctions for over 120 registered businesses, with now between £3m to £4m being funded each month. Stocker and co-founder Charles Delingpole were shortlisted for Young Entrepreneur of the Year at Growing Business Awards 2011.
Before Marketinvoice, Stocker worked in the private equity industry, first with the Lehman Brothers Private Equity Group, and subsequently the investment bank Cogent Partners. His focus was on mid-market and small scale growth businesses in the UK and he built up experience across a number of industries including technology and financial services.
Anil Stocker will be speaking at Real Business Funding, the free conference to illuminate the new, more plural funding environment for growing SMEs. Join us on March 15, 2013, at the British Library, and join the discussion on Twitter at#unleashingfinance.