About InvoiceX

Don't wait to grow

InvoiceX is a division of Allbridge Capital Pty Ltd, a privately owned finance company whose founders have spent their careers building businesses in both Australia and overseas and dealing with transactions valued at over $20 billion in aggregate. 

There’s no reason growth should be put on hold because of a lack of finance. But many ambitious businesses can’t reach their potential because banks won’t fund them without real estate backing. It’s keeping their future out of reach and it’s time for that to change. It’s time investing caught up with the new sharing economy that’s seen the likes of Uber and Airbnb thrive.

And that’s where InvoiceX comes in. We connect businesses with confidential, invoice-based finance from sophisticated investors, allowing them to convert their high-quality receivables into capital to grow, with absolutely no lock-ins. Click here to see how it works.

We're absolutely passionate about this.

It’s a win for investors and a tonic for businesses who are sick of being held back by their banks.

Join us today and discover the smart way to grow.


The InvoiceX difference

 

Find out more about CONFIDENTIAL invoice TRADING


Our founders

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Dermot Crean

Co-Founder & Director

Dermot has over 30 years of multi-national experience in financial services and growth capital as an adviser, investor and business owner. Born and educated in Ireland where his father was a bank manager, he trained and qualified as a Chartered Accountant with Price Waterhouse in London, working with clients such as Barclays Bank and UBS.

This led to a career in financial services, including working for banks such as HSBC and NatWest in senior positions and then as a business owner, across Europe and further afield, handling over $20bn of transactions for businesses of all sizes and across all main industries. Intensive involvement in many dynamic businesses created a passion for working on capital raising and shareholder solutions for small-medium sized businesses, often in innovative ways — being able to make a real difference was a strong driver.

In 2001, Dermot co-founded his own business which over a 10 year period became a market leader in raising investment funds focused on small-medium sized businesses, typically raising about $1 billion annually. The success of the business was based on owner involvement, the highest quality documentation, strong ethics and regulatory standards and focused customer-driven execution.

He was also closely involved at the formative stages of two other successful financial services businesses: Magex which went on to become the payments platform for Zopa and LendingClub and NewDay which grew to become one of the largest and most innovative issuers of credit cards in the UK.

During this time, he was always struck by the lack of funding sources available for growing businesses, especially those with high quality customers and long payment delays  - like his own! Along the way, he became involved in confidential invoice discounting in the UK as an investor which prompted some creative ideas on how to apply this in Australia. This led to establishing Allbridge Capital and as part of this, InvoiceX, with Steve Yannarakis in 2013.

Dermot moved to Australia in 2011 with his Australian wife and children and started becoming involved in helping local businesses.

 
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Steve Yannarakis

Co-Founder & Director

Steve has been involved in business all his life. He grew up in a small business farming and retail family which he was a part of from a young age.  Since graduating from Melbourne University and RMIT, he has worked in Melbourne and Hobart over the past twenty years.

He is a registered property valuer, real estate agent and auctioneer and has spent the last fifteen years working for the Commonwealth Bank of Australia and Knight Frank. He has valued, sold and provided advice to many of the state’s leading commercial and residential property identities and institutions. He enjoys an enviable reputation for integrity and is the agent of choice for high end transactions.

Steve has also been heavily immersed in property development, and has been engaged in the development of hotel, retail, car park, residential and office development. This has given him first hand experience of the opportunities and challenges faced by small business.

Steve’s passion for small business has resulted in him teaming up with Dermot to establish Allbridge Capital and provide a platform that allows exciting young businesses to grow.