- Two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the UK able to quickly access the emergency lending
- MarketFinance offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base to support them with their business finance needs
- The CBILS initiative conclude at the end of September 2020 with pre-submitted applications in September being valid until the end of November
- The CBILS revolving credit facility goes up to £5 million and works in much the same way as MarketFinance’s flagship selective invoice finance product
- International trade specialist Ebury will add MarketFinance’s CBILS loans and revolving credit facilities
- The strategic partnership adds to Ebury’s range of cross-border finance options, underpinned by its leading foreign exchange risk management capabilities
