This company helps small businesses manage cash flow by providing cash advances of up to £300,000 based on the firm’s existing credit and debit card transactions. Launched in 2007, it increased sales to £15.1m last year under chief executive Rob Straathof, 36. In April this year, it secured £57.5m from investors, including British Business Investments, Paragon Bank, BCI Finance and Blenheim Chalcot. In May the business renewed its three-year partnership with the payment processor Worldpay. It also runs the platforms behind the small-business funding programmes of its partners, such as Sage Pay and Just Eat. Operating from its London headquarters and an office in Nottingham, Liberis expanded into the Czech Republic in June.
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