Veritas Commercial Services hits the headlines with new MarketInvoice alliance
Business finance company MarketInvoice has announced its strategic alliance with credit management specialists Veritas Commercial Services (“Veritas”) enabling them to extend their invoice finance offering to over 400,000 additional UK businesses. The Veritas virtual credit control solution will help businesses to speed up their working capital cycle and manage their outstanding invoices collection process – which will help them get paid on time. This alliance will also enhance the data available to MarketInvoice’s risk model allowing smaller businesses access to funding at better rates.
Jenny Oldfield, CEO at Veritas Commercial Services: “The strategic alliance with MarketInvoice is very exciting. As a result, more small, growing businesses will now be able to benefit from a fully integrated invoice finance facility and credit management service that puts them firmly in control. The powerful combination of technology and talent from both our organisations brings tangible advantages to SMEs, harnessing cutting edge cloud solutions and deep expertise to drive improved cash flow and working capital. This, in turn, accelerates the flow of liquidity into the UK economy.”
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