Tag Archive: Satago

Satago’s Steven Renwick writes an article for GTNews on how tech innovation is facilitating easy-access business finance

Technological advancements are creating new opportunities in the field of SME finance, and alternative financiers are leveraging these digital capabilities to offer pioneering solutions to small businesses. Writing for GTNews, Satago’s CEO, Steven Renwick, discusses the customer-first culture of fintechs, and how this is enabling them to produce exemplary and accessible finance technology. Renwick notes …

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Satago’s Steven Renwick talks “on-demand business finance” in Tech City News

The financial services industry, long overdue a radical transformation, has been slow to embrace disruptive innovation. But a new breed of fintechs has emerged that is transforming the SME funding landscape. In Tech City News, Steven Renwick, CEO of Satago, explains how, by leveraging cloud technology, real-time data and analytics tools, these new fintechs are …

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Satago cited in Real Business article as an alternative to venture capital funding

With reports that venture capital funding for European technology start-ups fell by a third in Q3 2016, and that crowdfunding in the UK has decreased by approximately 20%, what are the alternatives for businesses seeking funding? In a Real Business article entitled “Venture capital funding in a cold climate”, invoice finance is highlighted as a …

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Satago’s Steven Renwick considers the advantages of invoice finance over lump sums for SMEs in Business Advice

Often for SMEs, receiving a lump sum or an equity investment can generate dilemmas resulting in overtrading or unwanted external influences. In Business Advice, Steven Renwick, CEO of Satago, considers an attractive alternative – selective invoice finance. Such a facility enables businesses to borrow funds as and when needed – on demand. Renwick writes that “Instead …

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Satago considers how invoice finance can help SMEs seeking investment in AccountingWEB

    For most businesses – especially SMEs – capital needs are often satisfied by a lump-sum debt injection or an equity investment. Both can result in funding way beyond what most SMEs need at any given moment, resulting in unnecessary challenges and complications.   Writing for AccountingWEB, Satago’s Steven Renwick and Julie Warren consider …

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How to become your own bank manager: Satago discusses pioneering SME finance developments in SmallBusiness.co.uk

The SME finance landscape is being transformed, with alternative financiers leveraging cloud technology, real-time data and analytics tools to provide businesses with smart, efficient and cost effective finance and debtor management solutions. In SmallBusiness.co.uk, Steven Renwick, CEO of fintech company Satago, discusses how we have reached the point where technology is enabling such levels of …

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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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Satago’s CEO and founder Steven Renwick, explains how invoice finance can help ease the late payment headache in Fresh Business Thinking

Small and medium-sized businesses (SMEs) are under mounting pressure to perform in an environment where finance availability (including the previously dependable high street overdraft) is in decline. With perennial issues of late payments plaguing the sector and creating cash-flow gaps, SMEs are understandably concerned about the future of their businesses. In Fresh Business Thinking, Steven …

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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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