To support UK small businesses access finance, the SME working capital provider TRIVER has raised €22.9m new funds from the Luxembourg-based, Avellinia Capital. The deal will enable TRIVER to further develop its offer and to generate more than £200m of funding annually to cover small businesses short term finance needs.
Till now, TRIVER has already advanced invoices amounting more than £1m. The average funding time is 30 days and the average invoice size is £12,000.
