Location: East London
Programme: Investment Programme and our other commercial investments
Bright North is an ecommerce solutions company that helps clients optimise their online and mobile sales.
Founded in March 2013, they work with some of the biggest brands around including Sky, The Guardian, Samsung, and MetroBank. Their work was recently recognised at Data IQ’s Talent Awards.
Bright North signed their first big name client within a month of setup and quickly the company grew but following this came the difficult task of managing cashflow. It took five months to get on the payment system with their first client and then a further 90 days for the payment to hit their bank account.
J Arthur, Co-founder and Chief Operating Officer, said:
“Managing cashflow is hard work for any business, but it is particularly difficult if you are ambitious, fast-growing and want to work with big name clients.
“MarketInvoice was really helpful in solving this problem. They provide a much needed service that is doing a huge amount to encourage
entrepreneurship, grow SMEs and build UK Plc.”