In 2013, a paper-based business finance business called Master Cash Express joined venture builder Blenheim Chalcot and rebranded as Liberis, with a vision to become a leading fintech and finance provider to champion small business internationally.

By 2016 Liberis had developed and launched an online application system, providing quick and simple access to finance for small businesses worldwide, surpassing £100m in funding.

Liberis partners with Sage to create Sage Pay Business Finance, and joined the Xero marketplace as a selected finance provider.

The alternative lender also provides a customisable, integrated finance platform which helps its partners to reduce the churn of small business customers.

In recent months, Liberis has also funded initial applications through Open Banking and launched Risk-Based Pricing allowing the business to make smarter, quicker decisions on funding.

Responding to Covid-19, Liberis became an official lender under the Government’s Coronavirus Business Interruption Loan Scheme to provide term loans ranging from £50,001-£150,000 over 12 or 24 months to eligible small businesses across the UK.

Customers say: “There isn’t the stress of fixed repayments because pay back is