Invoice Cycle

Invocap, founded in 2015 by Jeremy Esekow and Gideon Shaw, operates as a financial technology firm providing tailored lending solutions to small and medium-sized enterprises (SMEs) across the United Kingdom. Initially established as Invoice Cycle, the company rebranded in 2018 to reflect its expanded service portfolio beyond invoice financing. This strategic shift included the introduction of secured business loans, flexible credit lines, and ledger loans, demonstrating a broader approach to SME funding. Over the years, Invocap has achieved significant milestones, including reaching a £10 million lending mark in 2016, issuing its first property-backed loan in 2017, and surpassing £100 million in lending by 2019.

The firm's business model is centered on providing working capital through a technology-driven platform that simplifies the loan application and funding process. Invocap serves a diverse client base across sectors such as manufacturing, technology, and advertising. Revenue is generated through fees and interest on its lending products. A key development in its history was the 2018 consolidation of its invoice finance book with GapCap, which allowed Invocap to concentrate on its core technology platform and other business lending products. The company's credibility was further bolstered in 2020 when it was accredited by the British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). In 2022, Invocap became a portfolio company of Mizrachi Tefachot bank, the largest mortgage lender in Israel.

Invocap's primary service involves offering lines of credit against outstanding invoices, which provides businesses with immediate access to cash tied up in receivables. The company has since evolved to offer a broader range of property-focused financing. Its current offerings include Property Bridge Finance and Refurbishment Finance Facilities, with loans ranging from £100k to £5m. These products are secured with a first charge on the property, lending up to 75% of its value. The platform is designed for speed and ease, with the goal of establishing a facility within 24 hours. This allows businesses to manage their cash flow more effectively and seize growth opportunities without the lengthy processes of traditional banks.

Keywords: SME finance, business lending, invoice financing, working capital loans, secured business loans, property finance, fintech, alternative finance, commercial debt, credit facilities, SME funding, UK business loans, asset-based lending, cash flow solutions, financial technology, bridge finance, refurbishment finance, real estate lending, commercial mortgages, business growth funding