BusinessFinancing.co.uk

Our service isn't available to consumers or unincorporated businesses, and the information and resources on Invoice Finance are not intended to be accessed or used by such persons

Satago Business & Invoice Finance


Last Updated: 8 January 2025
Reviewed By: Ian Wright (Managing Director)

Satago is an invoice finance and credit control platform based in West London. Satago launched in 2012, originally as a credit control system that integrated with cloud accounting tools. The platform was developed into “an all-in-one cashflow solution”, including credit control and invoice finance. Satago Connect integrates with cloud accounting tools including QuickBooks, Sage, FreeAgent, Xero, and more.

Sections

Toggle
  • Satago Business Loans & Finance
    • Invoice finance
  • Satago Reviews and Ratings
  • Pros
  • Cons

Satago Business Loans & Finance

Invoice finance

Satago invoice finance can be accessed through its online tool – Satago Connect. You can upload your open invoices instantly and see how much credit your business can access on the simple dashboard. Choose an invoice to finance, sign the credit agreement online, and you’ll receive 85% of the invoice value upfront. Your client or customer will pay the invoice directly to Satago who will then send you the remaining amount minus their fee.

They offer a choice of single invoice or full invoice finance. Single invoice finance allows you to choose which invoices and there is no contract just pricing per invoice, this is a disclosed service so your customer will be aware of their involvement. Full invoice finance funds all invoices and is a confidential service on a minimum 12 month contract.

To be eligible for full invoice finance, your business must have been trading for at least 1 year and have a turnover above £400,000 and require a facility of £100,000. For single invoice finance, you need an annual turnover of at least £100,000 and have been trading for at least 6 months and need finance from £5,000.

The Satago platform also includes credit check and credit control tools, so you can check and manage your customer and clients’ creditworthiness.

Satago Reviews and Ratings

Reviews are written by businesses using Satago for various purposes, not just invoice finance.

Trustpilot reviews are positive – 85% rate Satago 5/5. Reviewers think the platform is efficient and easy to use, and has helped them tighten up their credit control. There are a handful of Google reviews which are mixed. Smart Money People reviews are also very positive and have similar comments to Trustpilot about easy of use and integration of software as well as good customer service and support.

Oxygen Finance Ltd acquired Satago in 2017 to build an ‘all-in-one’ cashflow solution for SMEs.

Satago was shortlisted for Best Alternative Finance Provider and Best Business Finance Provider at the British Bank Awards 2020.

Trustpilot – 4.6/5 (based on 63 reviews)
Google Reviews – 3.4/5 (based on 5 reviews)
Reviews.co.uk
 – no reviews
Smart Money People – 4.96/5 (based on 55 reviews)

Pros

  • Receive 85% of your invoice value upfront.
  • Satago takes care of chasing invoices for you.
  • Part of a smart online credit control platform.

Cons

  • Only a few online reviews.
  • Other invoice platforms will provide more than 85% upfront.

Website: Satago Business Finance

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



What Is Invoice Finance?

Top 36 Invoice Finance Companies UK

What Is Invoice Factoring?

Top 29 Invoice Factoring Companies UK

What Is Invoice Discounting?

Top 30 Invoice Discounting Companies UK

Invoice Factoring VS Invoice Discounting

Our service isn't available to consumers or unincorporated businesses, and the information and resources on Invoice Finance are not intended to be accessed or used by such persons

Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224