The Sonovate difference
So, what separates Sonovate from standard invoice factoring for recruitment agencies? With Sonovate you enjoy:
Invoice factoring designed for recruitment
Award winning invoice factoring for recruitment agencies. Over £1.5bn invoices funded. Start getting money in to pay contractors, really quickly and easily - get your free quote today
Invoice factoring for recruitment agencies
How is Sonovate different?
Sonovate has re-defined traditional invoice factoring for recruitment.
We built Sonovate to take away the barriers that prevent recruitment businesses scaling.
Sonovate brings together all you need for invoice finance in one place, freeing you from stress and letting you get money in like magic.
One easy to use platform gives you access to everything you need to fund contractors – contracts, invoices, timesheets and payments.
No subscription fees. No annual contracts. Sonovate takes a small cut depending how much you use it, so the service can scale easily with you.
Any recruitment business owner whose agency places contractors will know that time and money are your main concerns.
The good news is that, with Sonovate, you don’t have to wait 56 days* to be paid ever again.
And you don’t have to worry about credit checking, invoice chasing or anything else on the long list of paperwork that normally accompanies contract recruitment.
Sonovate have massively exceeded our expectations and we are excited to see them build a genuinely world class business.
Toby Babb, Founder & CEO
Sonovate in Numbers
- Over £1.5bn invoices funded
- Over 500,000 payments made to clients and contractors
- Over 3,000 businesses use Sonovate
- Over 20,000 contractors paid
- 40 countries we’ve funded invoices in
- Raised £25m in VC investment
100% invoice profit
We pay your business 100% of the invoice profit
One fee
No set-up fees, additional charges or personal guarantees needed.
Freedom & flexibility
A 30 day rolling contract, so no long term commitments from you.
Industry leading tech
Industry leading tech that manages your entire back office function online - credit checks, contracts, T&Cs, invoices, timesheets, payroll and credit control. All of it.
Built to scale
A scalable solution that lets you run unlimited contractors.
Built in bad debt cover
With bad debt cover built in, you're covered should the worst happen.