Satellite Finance is a business finance broker that has been established for over 10 years and is based in Newport. They have supported over 4,500 customers with more than £100 million in finance. They provide their customers with a connection to their panel of lenders who offer loans, asset finance, invoice finance, vehicle finance and commercial mortgages.
Satellite Finance Invoice Finance Options
Satellite Finance offers invoice finance that allows businesses to release funds from their unpaid invoice without waiting 30, 60 or 90 days. You can release up to 90% of invoice values and the funds are repaid when the customer pays the invoice.
Satellite Finance offers 3 types of invoice finance:
Invoice Discounting
Invoice discounting allows businesses to handle their own sales ledger and handle their debt collection.
Invoice Factoring
Invoice factoring is where the third party handles your sales ledger and collects your debts for you.
Select invoice discounting
Select invoice discounting is where you can select the invoices that are financed rather than the whole sales ledger like the other options.
Satellite Finance Invoice Finance Eligibility
Satellite Finance doesn’t include the eligibility criteria for invoice finance but they provide an eligibility checker that you can complete to find out if you are eligible.
Satellite Finance Invoice Finance Rates
Satellite Finance doesn’t include the rates for invoice finance as they are a broker and don’t have their own rates.
Satellite Finance Invoice Finance Calculator
Satellite Finance doesn’t have an invoice finance calculator.
Satellite Finance Invoice Finance Reviews
None of the leading customer review sites has any reviews for Satellite Finance.
Trustpilot – no reviews
Google Reviews – no reviews
Reviews.co.uk – no reviews
Review Centre – no reviews
Smart Money People – no reviews
How To Apply For Satellite Finance Invoice Finance?
If you want to apply for invoice finance from Satellite Finance you can check your eligibility first or you can call them on 01633 262722.
Pros
- Offers a range of invoice finance products including selective finance
- An experienced broker
- Also offers a range of other financial products
Cons
- There is no eligibility criteria or rate information.
- Lack of customer feedback as there are no customer reviews
Website: Satellite Finance Invoice Finance