Press Release - Muse Finance expands into Europe via the Irish market
Muse’s expansion into Europe sees Irish customers benefit from supply finance solutions
LISBON, NOVEMBER 2022:
Muse Finance - the business finance startup - today announces it has expanded its services into Europe, launching its supply finance solutions in the Irish market to support growing businesses in the region.
With a growing demand for working capital across Europe, Muse’s supply finance solution gives its customers increased cash flow flexibility while helping them maintain important supplier relationships.
In Ireland, Muse will pay customers’ suppliers on their behalf for goods they are importing into the country. Any finance taken out is then repaid over a flexible 120-day period and tracked in the Muse portal - a central location where businesses can monitor their cash flow and see available funds.
The solution will initially be open for application from Irish businesses operating with revenues of £10m+ before being extended to smaller businesses in the region. Additional invoice financing will also be made available at a later date, which will allow customers to claim 90% of the value of their invoices within 24 hours.
The expansion into Ireland is the next step in Muse’s growth journey into the wider European business market, where it aims to close the ever-growing SME funding gaps across the continent. The supply finance solution launches in Ireland at a key time as a rise in demand for working capital sees business owners looking to alternative finance to support their cash flow needs.
Ann Marie Juliano, Founder & CEO of Muse Finance said,
“Our launch in the Irish market is an exciting move for Muse as we start our global expansion and support ambitious, growing businesses. From speaking with business leaders across the country, it’s clear that the Irish market is ripe for disruption, and businesses with extensive cash flow requirements are looking for increased financial support. We’re excited to begin working closely with businesses across Ireland, and to provide them with solutions that will enable their growth, while maintaining important supplier relationships.”
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About Muse Finance
Founded by Ann Marie Juliano, Muse Finance gives business owners up to a 90-day cash flow snapshot with quick access to finance. The App provides clients with seamless access to sustainable funds faster than traditional lenders, alleviating financial headaches and giving certainty to business owners.
For media inquiries, contact the Common Industry team via muse@commonindustry.co.uk
FEATURED IN:
Fintech Finance News - 03.11.22
TRF News - 4.11.22
