The new product is for loans of up to £250,000 over three years and will scale to facilities worth more than £1m in the coming months.
The fintech lender offers multiple lending products in an integrated single view.
MarketFinance — which has provided over £2.6bn in funding — provides invoice finance, business loans and corporate lending.
The addition of new division MarketFinance Corporate Solutions will also support underserved growth businesses.
Anil Stocker, co-founder and CEO at MarketFinance (pictured above), said: “Moving to our new name, MarketFinance, recognises the journey we have been on since 2011.
“It accurately reflects the wider lending choices we offer businesses today and those we will bring to the market in the future.
“…Our business loans are gaining traction with existing and new customers.
“Alongside this, we now better serve larger businesses with our corporate solutions team and have made fast progress towards offering a single view across multiple live finance facilities.
“We look forward to bringing further products to the business finance market in the coming years.”