From XU Magazine, 
Online News

Satago launches Full Invoice Finance

June 21, 2021

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://www.satago.com/post/satago-launches-full-invoice-finance

Satago has launched Full Invoice Finance, the new way to fund and grow your business. Now you can unlock cash from your invoices with even faster approval and competitive rates.  

Sinead McHale, CEO of Satago says: “We’re delighted to offer our customers the choice of Single or Full Invoice Finance. Our aim is to cater to our customers’ needs and provide them with the funding that’s right for them. Helping them ease cashflow, build their business and plan for the future at this crucial time.”    

How does it work?

If your business sells on credit, you can get an advance on your unpaid invoices through Satago. Register online and connect your accounting software to get started. Then choose between Single or Full Invoice Finance.  

With Single Invoice Finance, you decide which invoices to fund on a flexible basis. With Full Invoice Finance, you can fund your full sales ledger and enjoy instant access to cash whenever you need it. Meaning you’ll always have money to cover bills, pay staff and fund your next big project.  

What are the benefits of Full Invoice Finance?

For your business to thrive, you need access to cash. With Full Invoice Finance, you'll see how much is available to you in real-time. So, when it comes to investing in equipment or hiring more people, you’ll know exactly how much you have to play with.  

Satago makes invoice finance easy. No more lengthy applications or tiresome admin. Apply online and get a decision in minutes. Our platform even automates your month-end reconciliation, saving you a day’s work each month!  

  • Fast access to cash when you need it.  
  • Discounted rates.
  • Fully confidential.
  • No month-end reconciliation.

Who can apply for Full Invoice Finance?

Full Invoice Finance is available to any UK business looking to finance between £100,000 - £2.5m that has been trading for six months and has an annual turnover upwards of £400,000.  

If your turnover is less than this or you require a smaller facility, Single Invoice Finance may be the best option for you.

What's the difference between Single and Full Invoice Finance?

Satago offers two types of invoice finance, Single and Full. You can choose the one that suits your business needs.  Whichever option you go for, you’ll enjoy fast approval and access to cash. Our platform even automates your month-end reconciliation, saving you a day’s admin each month!


Satago Single vs Full Invoice Finance


Sign up today

You can apply for Single or Full Invoice Finance online and receive a decision in minutes. Sign up to the platform and connect your accounting software.  Choose the invoice finance product that’s right for you and click to apply. It’s that easy.

Prefer to talk to a human? Why not book a callback with one of our dedicated advisors.

Why leave it there?

To find out more about Satago

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