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Funding

Funding for the
work ahead.

Get funding against eligible invoices so you can meet your commitments and take on more work. Choose funding for contract, temporary or permanent business, with support for invoicing and payments where you need it.

£8bn+ funded since 2014 44 countries Backed by DZ Bank
Sonovate funding dashboard preview
What Fund covers

Funding for the work you take on.

Fund the work you do today and the opportunities ahead. Explore invoice funding, permanent funding and options for offering funding through your own product.

Invoice funding

Get funding against eligible contract and temporary invoices before your clients pay. Keep cash available for worker payments and the costs of taking on more work.

Permanent funding

Get funding against eligible permanent placement fees while you wait for clients to pay. Put that cash to work on your next opportunity.

Total Funding

Bring permanent, contract and temporary funding together with Total Funding. Work with one provider as your business takes on different types of placement.

Embedded finance

Offer funding as part of your own product. Talk to us about using Sonovate’s APIs to connect eligible customers with funding through your service.

Your requirement

The right funding starts with understanding your business.

Your clients, payment terms and ambitions shape the funding you need. Tell us how your business works, including the processes you want to keep.

Your clients and invoices

Tell us who you work with, what you invoice for and when your clients pay. This helps us understand the funding your business needs.

Your operations

Keep what works and identify where you need support. Tell us how you manage invoices, payments and credit control today.

Your plans

Planning for a larger client or a new market? Tell us what’s ahead so we can discuss funding that fits your plans.

How it works

From approved work to funding and payment.

Use Sonovate to manage work through to invoicing, or submit invoices from your existing process. This example shows the timesheet route; the steps you use depend on your service.

01

Timesheet approved

The worker submits a timesheet and the client approves the work.

02

Invoice raised

Sonovate creates the invoice from approved time, using the client details and rates already recorded.

03

Credit checked

Sonovate assesses the client’s credit information before committing funding.

04

Invoice funded

Eligible invoices are funded under your agreed arrangement. See your funding position in Sonovate.

How it fits together

Connected information, fewer repeated steps.

Keep invoice, credit and payment records connected to your funding. We’ll explain how Sonovate can fit the way you work, whether you need funding alone or wider support.

Discuss your funding
Works well with

Take on work with a clearer view of risk.

Funding helps you take on work. Client credit checks, overdue invoice monitoring and bad debt protection for eligible invoices help you manage the risk that comes with it.

Explore credit checks and protection
The proof

£8bn+ funded. And the book keeps growing.

£8bn+

Funded to date across contract, temp and perm placements.

800,000+

Worker payments processed from funded invoices.

3,300+

Customers: agencies, consultancies and platforms.

44

Countries where Sonovate funds placements.

Capital partner

Backed by DZ Bank and institutional partners that stay steady through cycles.

Questions about Fund

Your funding questions, answered.

How quickly can invoices be funded?

Our team will explain the funding timetable for your arrangement, including the information and approvals needed before an invoice can be funded.

What placement types does Fund cover?

Sonovate offers invoice funding for contract and temporary work, and funding for eligible permanent placement fees. Total Funding brings these together. Businesses building their own products can also discuss embedded finance with us.

How does funding connect to the platform?

You can access funding while keeping your existing invoicing processes. If you also need support with timesheets, invoicing or payments, we’ll explain how those services work with your funding.

How much funding could we access?

We’ll assess your business, clients and eligible invoices. Tell us what you need to fund now and what you want to take on next, and we’ll discuss the options.

Switching

Already have a funding provider?

Tell us about your current funding and what you’d like to improve. We’ll assess whether Sonovate could suit your business and explain what switching would involve.

It helps to know your current notice period, the work you want to fund and which operational systems you would like to keep.

Discuss switching

What could the right funding make possible?

Tell us what you want to fund and where you want to take your business. We’ll explain the options and what you need to get started.