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Fund

Funding for the
work ahead.

Support cash flow across contract, temporary and permanent placements, with funding connected to the invoicing and payment processes around your business.

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

Funding for the work you take on.

Choose the funding that fits your business, from contract and temporary invoices to permanent placements and embedded finance.

Permanent funding

Bridge the gap between permanent placement fees and client payment terms, giving you more control over cash flow while you wait for clients to settle.

  • Fixed-fee and percentage-based perm
  • Funding on invoice, not on settlement
  • Works alongside invoice funding in one facility

Total funding

One consolidated facility covering contract, temp and perm. Single reporting view, one relationship, one funding line that reflects your whole book.

  • Consolidated across all placement types
  • Single facility and reporting view
  • One commercial relationship with Sonovate

Embedded finance

Add Sonovate's funding capabilities to your own platform. Your customers access capital inside your product. Your brand, your experience, Sonovate's balance sheet.

  • API-first integration
  • White-label ready
  • Your customer relationship, our capital
Your requirement

The right funding starts with understanding your business.

Your client mix, payment terms and plans for growth all affect what you need from a funding arrangement. We’ll discuss those requirements alongside the way you manage invoicing and payments today.

Your operations

How you manage invoices, payments and credit control, and where you want support.

Your plans

The new contracts, placement types or international opportunities you want your funding to support.

How it works

From approved work to funding and payment.

Sonovate connects the information behind the work with invoicing, funding and payments. The steps you use will depend on your service and how your business operates.

01

Timesheet approved

The worker submits time and the client approves it, so the record is complete before anything downstream depends on it.

02

Invoice raised

The invoice is created from the approved timesheet, using the client and rate information already held, with less repeated data entry.

03

Credit checked

Client credit information is assessed before funding is committed, and anything that needs review is flagged to your team.

04

Invoice funded

Eligible invoices can be funded in line with your agreed arrangement, with the funding position visible in the platform.

How it fits together

Connected information, fewer repeated steps.

Invoice information, client credit information and payment records support the funding process. Discuss the workflow you need with our team, including how it will fit with your existing operations.

Discuss your funding
Works well with

Capital works harder when the downside is covered.

Fund supports the cash flow behind the work. Protect helps you assess client risk, monitor overdue invoices and understand the bad debt protection available for eligible invoices.

See Protect
The proof

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

£0

Funded to date across contract, temp and perm placements.

0

Worker payments processed from funded invoices.

0

Customers: agencies, consultancies and platforms.

0

Countries where Sonovate funds placements.

Capital partner

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

Questions about Fund

What CFOs and Finance Directors ask.

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 Fund covers contract and temporary placements through invoice funding, permanent placements through permanent funding, and all placement types consolidated through total funding. Embedded finance is available for platforms wanting to offer funding inside their own product.

How does funding connect to the platform?

Funding sits alongside invoicing, payments and credit information. Your team can discuss which parts of the service you need and how they fit with your current processes.

How much funding could we access?

We’ll assess your requirement based on your business, clients and invoices. Tell us about your current book and any new work you want to take on so we can discuss the support available.

Switching

Already have a funding provider?

Start by discussing your current arrangement and what you want to change. We’ll assess whether Sonovate could be a fit and explain what a move would involve for your business.

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

Let’s talk about your funding requirement.

Tell us about your clients, payment terms and the work you want to fund. We’ll discuss the options and explain the next steps.