December deals of the month
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 £550k facility
This electrical contracting company has been a Satago client since 2019 and last used our financial services in January 2020.
Usually a cash sufficient business, they needed additional funds to cover their shutdown over the Christmas period. We provided them with a facility with a £550K limit.
A healthcare company secure £150k facility
This healthcare company has also been a Satago client since 2019 and last took out finance with us in March 2020.
The company was able to secure this £150k facility limit from a single debtor. The funds were used to help tide them over during the holiday period.
To find out more about Satago’s invoice finance, please get in touch with us today.
