Gold Partner Sonovate

Sonovate provides finance and support to recruitment businesses who place contractors.

Over 2,200 businesses use Sonovate every day to unlock cash flow and grow faster. 

Increase Efficiency

 

We built Sonovate to take away the barriers that prevent recruitment businesses scaling. Our whole approach is designed to save you time, get admin out the way and focus on the work that grows your business.

One easy-to-use platform gives you access to everything you need to fund contractors: contracts, invoices, timesheets and payments. No subscription fees. No annual contracts. Sonovate takes a small cut depending on how much you use it, so the service can scale easily with you.

Scale Your Business

 

Cashflow: 100% of your invoice profit

Time back: leave taking on and chasing the client debt to us

Flexibility: fund any or all placements, with no concentration limits

Security: bad debt protection to guard you against client insolvency, as standard

Ease of use: no personal guarantees, setup costs or long contracts

Digital first: manage your account from anywhere. Get timesheets signed faster with your branded iOS and Android timesheet app

Sonovate in Numbers

 

  • £750m+ invoices funded
  • 350,000 payments to agencies and UK contractors
  • 12,000+ contractors
  • 2,200 businesses on Sonovate
  • Funded placements in 38 countries
  • Received over £20m venture capital funding
  • 42% of agencies taking their first facility in 2018 chose Sonovate
  • *Fastest-growing UK fintech and 12th fastest-growing private British business

 

*Beauhurst and SyndicateRoom profiled the 100 fastest-growing companies based on how their valuations have grown over the past three years