Tag Archive: invoice financing

Satago’s Steven Renwick addresses how SMEs can overcome the overdraft’s decline in Lending Times

Many high street banks are scaling back their overdraft offerings, particularly for the UK’s small-and medium-sized enterprises (SMEs). This is having a devastating impact on this sector, restricting working capital for hundreds of thousands of businesses that have relied on overdrafts to provide short term cash flow support. Writing for Lending Times, Steven Renwick, CEO, …

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In light of the disappearing of the overdraft, Satago’s Steven Renwick asks ‘what next for SME finance?’ in Finance Digest

With the long-relied upon overdraft disappearing from the high street, many small- and medium-sized enterprises (SMEs) are struggling to finance working capital and effectively manage their cash flow – especially when the challenge of  late payments prevails. In light of these pressures, Steven Renwick, CEO, Satago, shares his expertise with Finance Digest on the ways …

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Steven Renwick, Satago, discusses the rise of selective invoice financing as an alternative to the overdraft in The Paypers

Despite comprising 99% of all UK businesses, small and medium-sized enterprises (SMEs) have become increasingly underserved by the banking sector in the post-crisis environment, with the withdrawal of overdrafts from the high street. Fortunately, a host of alternative lenders have stepped forward, many of which are leveraging developments in technology to offer new, valuable solutions …

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Steven Renwick discusses how Satago is leveraging technology to enhance credit control processes in PYMNTS

Late payments are a huge issue for many SMEs, with the problem so severe that it has become a key reason for insolvency in the sector. Through its all-in-one cash flow solution, which marries invoice finance and digitally-driven credit control capabilities, Satago aims to address this. In an in interview with PYMNTS, Satago CEO and …

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Satago’s Steven Renwick is the featured entrepreneur in Start Your Business

Satago recently launched its unique all-in-one cash flow solution, which combines invoice finance with a credit control platform to help address the issue of late payments. In a special Q&A for Start Your Business, Steven Renwick, CEO and founder of Satago, explains how Satago can genuinely improve SMEs’ financial health, what drove him to establish …

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