Marmalade offers a debt-free invoice financing platform for SMBs, enabling them to receive early payment on outstanding invoices. This "Payments on Demand" service unlocks working capital tied up in receivables, improving cash flow without adding new liabilities.
Funding
$10.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses, particularly SMBs, often face cash flow challenges due to extended invoice payment terms imposed by larger clients. This delay in receivables forces companies to fund their clients' operations interest-free, creating a "domino effect" of late payments that can hinder growth and operational stability.
Solution
Marmalade provides a "Payments on Demand" platform that enables businesses to get paid on their invoices faster, without taking on debt. The service allows companies to unlock capital tied up in unpaid invoices, thereby improving their cash flow and financial flexibility. This approach ensures that businesses can maintain operational momentum and pursue growth opportunities without being constrained by their clients' payment cycles. Marmalade differentiates itself from traditional lending by offering a debt-free solution that is directly linked to invoice receivables.
Target Audience
The primary target audience is Small to Medium-sized Businesses (SMBs) across various sectors, including construction, manufacturing, labour hire, traffic management, and general services, that experience cash flow strain due to delayed invoice payments.
Features
- Invoice financing solution that provides early payment on outstanding invoices.
- Debt-free mechanism, meaning no new liabilities are added to the company's balance sheet.
- Pay-per-use model with no costs incurred when not utilizing the service.
- No personal guarantees or property security required for qualification.
- Integration capabilities with common accounting software such as Xero, MYOB, and QuickBooks.
- Offers customer insolvency protection, mitigating risk for the business.
- Provides flexibility in offering extended payment terms to clients without impacting immediate cash flow.
- Automated administrative processes to reduce manual workload associated with payment chasing.