The business finance company has provided over £2.6bn in invoice finance and business loans to UK SMEs since 2011 and is now turning its attention to larger businesses with a turnover of up to £50m.

Companies will be able to secure credit facilities of up to £5m and up to £500,000 as a business loan.

These limits are set to increase steadily over the next 12 months.

Lending demand is coming from businesses which are too big to be served by traditional business banking services, yet not large enough for corporate banking facilities.

•   B&C roundtable: surviving a heated bridging market and the rise of regional lending
•   Commercial finance brokers see increase in export-led companies seeking finance
•   Creative industries hampered by late payments in 2018

Craig Flyger, corporate solutions director at MarketInvoice, said: “We’re delighted to be able to serve larger businesses with their finance needs.

“These are high-growth companies forging new ground by transforming their industry, growing internationally and driving UK GDP.”

Marvin Patel, managing director at Infinity Energy, a client of MarketInvoice, added: “As we’ve grown, we’ve needed larger credit limits.

“Now that we’re taking on bigger projects with more complex contracts, we needed a larger finance facility.

“It’s great to continue our relationship with MarketInvoice.”