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It’s also committed to helping recruitment businesses of all sizes, making it a perfect partner for recruitment SMEs. Moreover, Sonovate’s slick cloud-based solution takes care of almost everything, including credit control, online timesheets, invoicing, and contractor payroll, leaving you more time to get on with actual recruitment. Once you’re signed up, you’ll be paid 100% of invoice profit the same week a timesheet is approved. #INVOICE FACTORING COMPANIES FREE#You’ll only pay one fee (a percentage of your turnover), bad debt protection is included as standard, and you’re free to get invoice finance on as many or as few clients as you wish. Why? Well, in an industry that can be plagued by financial jargon and unclear terms, Sonovate prides itself on flexibility and transparency. By 2015, it had claimed the ninth spot in that year’s Startups 100, and it has only continued to expand, surpassing the £1bn mark in terms of invoice value funded. Sononvate has grown rapidly since it was founded in 2012.
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