KPMG forms alliance with alternative finance provider 

KPMG- office logo

Professional services firm KPMG has formed an alliance with an alternative finance provider to help more small businesses access the finance and advice they need to accelerate their growth.

The partnership between the Big Four firm and MarketInvoice will enable customers of KPMG‘s Small Business Accounting Service to access MarketInvoice finance directly through their accounting software.

It will also include a business education programme incorporating regional events, webinars, e-books and online ‘accountancy clinics’ for small business owners.

Anil Stocker, chief executive of MarketInvoice, said: “The world of finance is changing; fintech companies like MarketInvoice offer new ways for businesses to access finance quickly, simply and transparently, direct from their accounting software.

“It’s great that KPMG is backing this movement, and is helping to make more UK businesses aware of the latest funding options available to them. We’re excited to work together to drive the growth of UK small businesses and the economy.”

MarketInvoice provides small businesses with working capital finance against future payments set to come into the business, while KPMG Small Business Accounting offers bookkeeping, accounts, tax, payroll, management reporting and funding advice for a fixed monthly fee.

Source: InsiderMedia – KPMG forms alliance with alternative finance provider

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