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Women-led fintech Muse raises $20M to help UK business owners with short-term cash flow

Image credits: Muse

Muse Finance, a London-based SME finance provider for small, medium, and growing businesses announced that it has raised $20M in debt facility to support growing UK SMEs with invoice and supply finance solutions. 

To date, the company has raised over $96M in funding. The new debt facility comes ahead of Muse’s upcoming Series A round, which is planned for early 2023. 

The company will use the funds to accelerate expansion and support its customers in the UK. It includes ensuring that more companies have access to their new business finance solution, which combines supply finance and invoice finance to help businesses pay overseas suppliers. 

Optimising cash flow

Founded by Ann Marie Juliano, Muse Finance gives business owners up to a 90-day cash flow snapshot with quick access to finance.

The platform provides clients with access to sustainable funds faster than traditional lenders. 

With over 5,000 customers in the UK, Muse has already supplied finance to over 36,000 invoices – helping small businesses optimise their cash flow and vital access funds. 

Ann Marie Juliano, founder and CEO of Muse, comments, “We’re thrilled to announce that we’ve extended our debt facility at Muse, raising a further $20 million to support UK small businesses. Right now, there’s unprecedented pressure on businesses across the globe, particularly regarding cash flow management. We’re specifically built to help businesses that need fast access to funds to continue to grow – and with this facility, we’ll be able to do even more to ensure small, ambitious businesses have access to the necessary working capital.”  

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