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 […]
Tom Young from Inspired Finance shares his thoughts on the Government’s financial support schemes and why he believes invoice finance will play a pivotal role in helping businesses plan ahead in 2021. Tell me a bit about who you are, Inspired Finance and your background? Before I fell into finance I worked across multiple industry […]
If you’re a Xero user, you may have found accounting for invoice financing something of an admin burden. However, Satago’s enhanced Xero integration means that when you take out invoice finance with us, you can post the accounting information directly to your Xero account, saving you time. In this article, we’ll show you how to […]
Learn how to protect your business from the threat of late payments by running credit checks on your customers with Satago. Credit checks are an important part of getting to know your customers. Running a credit check will help you understand your customers’ financial position and give you confidence that they are able to pay […]
If you’re a small business owner, you might believe that sleepless nights are all part and parcel of running a company. But when those feelings of stress and anxiety start to have a detrimental impact on your life and those around you, it might be time to start addressing the problem. According to a survey […]
There are plenty of difficulties facing the transport sector in the UK currently, not least the red tape of Brexit and ongoing ramifications of Covid. It’s even impossible nowadays to take your packed lunch cross-border! One challenge that promises to be around for longer, however, is the availability of cash versus ever-spiralling costs in the […]
An independently owned garden centre recently won an exciting contract with a large landscaping company. As part of the contract, the garden centre will be supplying plants for large residential and commercial builds. The business owners’ only concern was that their new client pays invoices on 60-day end of month terms. Longer payment terms can […]
Rob Kelly of ABL Partners talks to Satago about the secret to his success, the challenges he anticipates in the 2021 financial landscape and what he looks for in an invoice finance provider. Tell me a bit about who you are, your business and your background Having worked in the banking and commercial financial services […]
Download our free, customisable invoice template and start sending beautifully constructed, professional-looking invoices to your customers. Click here to download the invoice template What to include on your invoice Here’s what you need to include on your invoice to give yourself the best chance of being paid promptly. Make sure the information is displayed clearly, […]
The Government recently announced updates to the Prompt Payment Code. The changes are designed to protect small businesses from late payments, which cause 50,000 businesses to close each year, according to the Federation of Small Businesses (FSB). What is the Prompt Payment Code? Launched in 2008, the Prompt Payment Code is a Government scheme which […]