Andy Munson, Managing Director of Yorvik Business Finance, shares his thoughts on the Recovery Loan Scheme (RLs), the developments he anticipates in the business finance market as we exit lockdown and the significance of flexible invoice finance lenders like Satago. Tell me a bit about who you are, your business and your background Yorvik Business […]

Satago provides flexible single invoice finance to help businesses improve cashflow and plan for the future. Here are some of the companies that Satago funded in March 2021. Manufacturing business secures £500k facility to support growth Satago provided a £500k facility to a building products manufacturer which had traditionally self-funded. The firm was wary of […]

Debtor days, sometimes called days sales outstanding (DSO) are a measure of the time it takes your customers to pay you. The longer customers take to pay their invoices, the higher your business’ debtor days average will be. You can calculate your company’s debtor days average using our free calculator. But what effect do debtor […]

If you’re doing research on debtor days, you might be: Understanding how long people take to pay you is a good way to look at the health of your business. In this article, we’ll explain what debtor days are, how to calculate them and what you can do to reduce them. You can also use […]

Debtor days, sometimes known as days sales outstanding (DSO), can have a significant impact on a business’ cashflow. As an accountant, you’re always looking out for your clients’ best interests. Establishing their debtor days average is a great first step in helping them get paid faster; especially if you’re able to offer them a credit […]

As a small business, there are a few reasons you might be looking for a late payment fee calculator: Many small businesses don’t realise that they can charge their customers late payment fees, and they are an underused way to get paid more quickly. In fact, you don’t even have to put it in your […]

A consultancy firm which specialises in using behavioural science to transform businesses’ performance and engagement has secured a £200K invoice finance facility from Satago. Having performed well over lockdown, the business needed additional capital to support growth in 2021. They came to Satago because they wanted to access funds from a single debtor ledger, which […]

Tom Young from Inspired Finance shares his thoughts on the Government’s financial support schemes and why he believes invoice finance will play a pivotal role in helping businesses plan ahead in 2021. Tell me a bit about who you are, Inspired Finance and your background? Before I fell into finance I worked across multiple industry […]

If you’re a Xero user, you may have found accounting for invoice financing something of an admin burden. However, Satago’s enhanced Xero integration means that when you take out invoice finance with us, you can post the accounting information directly to your Xero account, saving you time. In this article, we’ll show you how to […]

Learn how to protect your business from the threat of late payments by running credit checks on your customers with Satago. Credit checks are an important part of getting to know your customers. Running a credit check will help you understand your customers’ financial position and give you confidence that they are able to pay […]