Consultants secure £200K invoice finance facility to support future growth
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 would have been heavily restricted under a traditional invoice finance facility.
With Satago’s flexible single invoice finance, they were able to access a £200K facility from one debtor. They will be using the funds to support future contracts and grow the consultancy as lockdown restrictions ease and more businesses return to the office.