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 saw them facing a working capital deficit.
Reluctant to enter another full-book facility with a contract, they turned to Satago. With Satago’s facility, they can fund their invoices selectively as and when they need to, freeing up their cashflow and giving them access to the capital they need to fund their new contracts.
IT consultancy switches to Satago for transparent fees and more flexibility
An IT consultancy firm specialising in configure, price and quote system implementation was unhappy with the high levels of additional and unexpected fees they were paying with their incumbent invoice finance provider.
They were attracted by Satago’s transparent pricing model and the flexible nature of the facility. They can now pick and choose the invoices they want to fund for one simple fee.
Business supplying external facades turns to Satago to assist with growth
A business supplying external facades was introduced to Satago for a selective invoice finance facility to assist with their growth aspirations.
Having built a solid foundation in their first year of trading, they will now use our working capital facility to help build on this and support new contracts. They will also benefit from our risk insight and automated credit control features.
For more information on Satago’s invoice finance product, including our current broker commission scheme, get in touch with our team today.