Finance

Satago supports small businesses with Single and Full Invoice Finance

September 29, 2021
Satago supports small businesses with Single and Full Invoice Finance

Satago is committed to helping businesses access the funds they need to ease cash flow and achieve their growth ambitions. Our Single and Full Invoice Finance options give businesses the choice of funding invoices on a flexible basis or funding all their eligible invoices at once.  

Here are two businesses that benefitted from Satago’s finance options last month.

Family business uses Full Invoice Finance to ease cash flow

A painting and decorating supplies company found themselves in a tricky situation when their invoice finance provider pulled out of the market. They needed a new provider that could set up a facility fast.  

When they heard about Satago, they were impressed with the platform’s Xero integration, which makes it quick and easy for them to drawdown funds. They also liked our additional features, especially the automated month end reconciliation, which will save them a day’s admin each month.

Satago were delighted to provide the company with a £200k Full Invoice Finance facility that matched their previous funding parameters. With cash flow taken care of, they can concentrate on growing their business.  

Craft drinks company uses Single Invoice Finance to keep up with demand

A boutique soft drinks manufacturer specialising in dark rum mixers found their orders rapidly increasing as pubs and bars began to open post-lockdown.

They needed extra funds to support their growth and ensure they kept up with demand, and so they came to Satago. They chose to fund invoices from their two main debtors using Satago’s Single Invoice Finance. With their invoice finance facility in place, they feel confident their cash won’t dry up. I’ll drink to that!  

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