Revolutionise invoice funding

Introducing the new, slicker Sonovate platform. A flexible SaaS funding solution to help you grow your business domestically and internationally.

Access the liquidity you need while offering attractive terms to your clients. Whether you need £1 or £10 million, we will give you up to 100% of the value of your outstanding invoices. 

 

What you get with Sonovate:
  • 100% of your invoice profit
  • No concentration limits
  • No long contracts
  • Bad debt protection included
  • Simple process
  • iOS and Android app
Leave your details with us, we’ll show you round the platform and get you funding in no time.

Invoice funding for fast growing businesses

Manage funding across countries and offices

State of the art reconciliation, reporting and synchronisation to give you improved visibility on your finances across offices and countries. 95% bad debt protection as standard for added confidence that your business is protected.

Our multicurrency platform is designed to help you expand domestically and internationally, with resilient, highly available and scalable funding that grows with you. Plus, our cutting-edge tech helps you to sync with your accountancy software in real time, allowing you to be more efficient, make speedy decisions, and get started quickly.

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Start quickly, manage risk and optimise your cashflow

Start quickly and get your funds fast

  • Quick and easy setup
  • Simplified process to switch to Sonovate from previous funders
  • Faster credit approval for your clients
  • Instant funding decisions and immediate allocation
  • Instant payment processing and worker payments
  • Quick and comprehensive collections

Optimise your cashflow

  • 100% funding on outstanding invoices.
  • Control your cash flow to pay workers on time.
  • Flexible pricing to provide you with with the best deal and help you control costs.
  • World class reporting capabilities, giving you better visibility on your finances.
  • Separate ledgers and pre-payments for more accuracy, transparency and efficiency.

Manage risk

  • 95% bad debt protection as standard to give you the confidence that your business is protected.
  • State of the art dashboard for full visibility.
  • One multi-user platform to help you get better control over operations in different countries.
  • Secure self-serve portal for managing your bank details, providing you with full control over your payment information.
  • Real-time monitoring and adjustment.
  • Debt management.

Invoice factoring to fuel your growth domestically and internationally

Get the liquidity you need

  • International, multi-currency payments.
  • Streamlined KYC/AML checks to keep all transactions secure and compliant.
  • Secure biometric technology to facilitate onboarding
  • Client risk assessment, to evaluate your clients’ creditworthiness, minimise payment risks, and determine appropriate funding terms.
  • Real-time monitoring of your invoices and payments with the ability to make adjustments where needed.
  • Automated syncing service that quickly lets you check the availability of funds.
  • Visibility and transparency of receivables data – gives complete insight into pending debt – along with full financial statements to help you review your debt position at all times.

Easy reconciliation

Manage your finances

  • Designed to connect seamlessly with leading accounting packages such as Xero, Quickbooks and Sage.
  • Adjust your limits.
  • Get visibility into invoices and payments.
  • Reconcile easily with your accountancy software to stay on top of your finances.

Why invoice financing?

Improve your cashflow and working capital

Invoice funding is a simple and efficient way to access the funds tied up in your outstanding invoices. Instead of waiting for your clients to pay, you can get immediate cash from Sonovate. We will then wait for your client to pay us on the terms they are comfortable with.

Quick and hassle-free process

Submit your invoices easily via our SaaS platform to receive up to 100% of their value, with same day or next day payments. No more waiting for payment terms or dealing with cash flow gaps.

Focus on growth and stability

With the funds received from us, you can invest in your business without constraints. Whether it’s covering operational costs, expanding your product line, or seizing new opportunities, you have the financial flexibility to drive growth and maintain stability.

What our clients say

colour headshot of George Richings (Director at GiBe Finance)

George Richings

GiBe Finance

The power was doing a demo of Sonovate’s platform – it really sold it for me.

GiBe Finance

Book a demo

If you’re interested in simple, fast invoice finance, just fill in a few details and we’ll get back to you within a few hours.
No obligation to buy, just information to move forward.

Get started

Why a new platform of invoice funding?

How is the new Sonovate invoice funding platform better?

Our new platform continues to deliver the fast, flexible funding that has made us the number 1 provider of funding for recruitment business, consultancies and labour marketplaces in the UK. The new features allow us to do this even more flexibly, helping you to easily release the cash from your outstanding invoice to improve your working capital and invest in your growth. It offers a sleeker interface, faster onboarding, multiple user access, multicurrency funding and improved reconciliation to make it easier to manage your invoice funding capabilities.

Why is reconciliation important?

At Sonovate we pride ourselves on helping business to keep growing, whether they wish to do so domestically in the UK or overseas. As we all know, with a growing business, comes the need for you to keep better visibility and control over your finances. That’s why our new platform offers improved features to connect instantly to your accountancy software, helping you to make sure you are up to date on the status of your funding with us and that your accounting reflects that accurately. You can easily drill down to see detailed information about invoices, payments that have been completed, and ensure the information matches across your suite of financial software.

How easy is it to get started with Sonovate?

Our platform is designed to get you started quickly and easily, while keeping your information safe and compliant. We use state of the art technology to complete required checks such as KYC so you can get setup and receive your funding fast!