Satago provided a scaffolding business with a £450k invoice finance facility to help them ease cash flow and bridge the gap between invoice payments. The business pays their contractors on a weekly basis but mainly works with large housing development firms which can take between 20 to 45 days to pay. The business owners wanted […]
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 […]
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 […]
There are plenty of difficulties facing the transport sector in the UK currently, not least the red tape of Brexit and ongoing ramifications of Covid. It’s even impossible nowadays to take your packed lunch cross-border! One challenge that promises to be around for longer, however, is the availability of cash versus ever-spiralling costs in the […]
An independently owned garden centre recently won an exciting contract with a large landscaping company. As part of the contract, the garden centre will be supplying plants for large residential and commercial builds. The business owners’ only concern was that their new client pays invoices on 60-day end of month terms. Longer payment terms can […]
Satago closed 2020 on a positive note, providing finance to several businesses that needed to ease cashflow during the holiday period. These two companies have used Satago’s invoice finance before. The flexible nature of our facility means they are able to easily return to us for additional funding when needed. An electrical contracting company secure […]
Luna & Fennel is an independent pizza company with family at its heart, founded by Leanne Masi. They supply plant-based, gluten-free pizzas to luxury food stores including Harrods, Selfridges and Whole Foods. Leanne’s business focuses on reducing food waste and promoting sustainability, whilst catering for people’s dietary requirements. With both Italian and Irish heritage, Leanne […]
October saw a positive month for financial enquiries. Here are Satago’s top four deals of the month. Wifi technology supplier seeks a more flexible invoice finance facility A supplier and installer of WiFi technology came to Satago as they were looking to move away from their existing Confidential Invoice Discounting facility due to the lack […]
Kladworx Ltd is an independent external façade company run by husband and wife, Peter and Katy Overton. Their areas of expertise include rain screen estimating, sales management and supply of materials to construction companies. The business required working capital in order to ease cashflow, fund future contracts and achieve growth forecasts. The couple were impressed […]
August was another positive month for Satago. Here are our three top deals of the month: Electrical contractor secures flexible finance to fund future contracts An electrical contractor had previously used full book invoice finance with another provider but had been fortunate to trade through the requirement. They recently won two sizeable new contracts which […]
