Satago Selective Invoice Finance

Satago Selective Invoice Finance

What is your product?

Satago is a flexible invoice finance, debt chasing and risk insight platform that has been designed to help businesses get paid on time - every time. By providing invoice finance Satago bridges your clients' cashflow gaps, whilst providing you with an additional revenue stream.

How does it work?

Our automated debtor chaser and risk insight tools are completely free to use for you and your clients with no obligation for your clients to finance their invoice.

How would a business use your product?

Our platform includes:

  • Selective Invoice Finance - access to funds with a simple ‘pay as you go’ invoice finance facility
  • 85% advance on selected invoices subject to approval No security, debenture or personal guarantee
  • No long-term contracts
  • No hidden fees or set up costs
  • Rates as low as 1% per 30 days

 

Debt Chaser - get paid on time through automated email chasing and credit control management:

  • Customised automated payment reminders
  • Diary notifications to inform you of payment dates
  • Centralised communication
  • Automatically-generated monthly statements

 

Risk Insight - Assess the risk profile of current and future customers:

  • Review your customers risk profile
  • Check new customers credit scores
  • Advised credit limits and invoice terms
  • Receive alerts on any sudden change on a customer’s credit

 

What are the approximate costs?

Between 1% and 3% per 30 days

How long does it typically take to secure funding?

3 days

What type of security or other requirements do you have?

Unsecured

What supporting documents are needed?

Accounts, invoices, POs, contracts, bank statements

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