CASHFLOW FINANCE SOLUTIONS
Sonovate removes cash flow and admin headaches for recruitment agencies, consultancies and human cloud platforms in the UK. To date, they’ve delivered £1.5bn+ of funding for thousands of UK SMEs ranging from startups to £150m+ turnover. Their combination of innovative finance and cloud-based tech has seen Sonovate become the market-leading provider of invoice finance to UK recruitment agency startups, funding invoices in over 40 countries and paying in excess of 20,000 contractors.
They also have the ability to fund ‘in country’ for foreign subsidiaries such as the US, Netherlands and Republic of Ireland” They offer a 360 funding solution but for the more established agencies a funding only Invoice Finance product which still advances up to 100% of the invoice directly to the agency