New Invoice Cycle API Goes Live

Invoice Cycle is excited to announce the release of a new API for partners. This development allows partners to interface directly with the Invoice Cycle proprietary risk algorithm and gain a pre-approval for an SME financing facility within seconds. The first partner to integrate this offering is FundingXchange – the cutting-edge business finance marketplace. This means that FundingXchange customers will be able to get an Invoice Cycle facility in place within hours of starting their funding search!

Funding Xchange Head of Product, Michael Bridgman, said “We are very excited by this progress and we believe that this will ultimately be a great benefit to our clients, massively reducing the time it will take to get funds out the door. Invoice Cycle are continually working to develop new and more efficient ways of helping businesses to get the finance they need – and we always impressed by the solutions that they develop. As far as we know this is the first direct integration of its kind in the industry and we look forward to continuing to build and develop our business partnership with Invoice Cycle, and working together to help our clients!”

Gideon Shaw CEO of Invoice Cycle said of the development “One of our core principals is to provide the highest level service to our customers. In the fast paced world of business, decisions need to be made as soon as possible, we aim to turn an application around within 24 hours. This new API will help us meet these targets and allow us to provide a better service to both our client and partners. This release demonstrates how we strive to be at the forefront of technological innovation in the industry.”