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itsettled and Clear Factor announce partnership to support UK SMEs

itsettled, the Bristol-based credit management & cashflow management platform for SMEs, and Clear Factor, the UK’s first fully digital invoice finance marketplace, have today announced an exciting new partnership.

itsettled, the Bristol-based credit management & cashflow management platform for SMEs, and Clear Factor, the UK’s first fully digital invoice finance marketplace, have today announced an exciting new partnership.


The two fintechs have come together to help firms struggling with cashflow problems as a result of late payment - an issue that kills 50,000 businesses each and every year. 


itsettled is the brainchild of Glen Morgan, a prominent UK credit management specialist, who wanted to take the knowledge and skills he’s built during his 28 year career firstly advising large corporates and for the last 12 years, SMEs, and develop a solution for smaller companies.

The result is an automated platform that seamlessly integrates with the main accountancy providers, collects invoices fast, and improves cashflow. 


Clear Factor is on a mission to help small businesses access fair and affordable funding. Through their embedded invoices finance integration, SMEs are given an affordable alternative to traditional lending, while creating an alternative asset class for funders. 


Through the partnership, the two firms will use their combined expertise to offer business owners a personalised solution for their specific needs and circumstances.

Glen Morgan, CEO at itsettled said;


‘We’re delighted to be working with the Clear Factor team. In the second half of 2021 we’ve seen fantastic growth within our own business and this partnership will help us provide even more UK businesses with the cashflow support they need to survive and prosper.’


Simon Featherstone, Chairman of Clear Factor added:

‘We’re excited to partner with itsettled and bring a truly unique solution to SMEs. While the itsettled platform reduces the stress associated with outstanding payments, Clear Factor’s fully digital, embedded finance integration gives users access to cash against their invoices within 4 mins of a successful application. Giving business owners the confidence to focus on what’s important, growing their business.’

itsettled and Clear Factor will be exhibiting at the Business Show on 24 - 25 November at London Excel. Find them at stand B1344.

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