What is our Bad Debt Protection?
Each year businesses lose thousands of pounds because their customers end up insolvent. When you finance your invoices with Satago, we provide you with Bad Debt Protection. This means that you will have the security to know that you are protected in the event of a customer’s insolvency because we will cover up to 95% of any bad debt suffered (excl. VAT). You will be able to reclaim VAT from HMRC. Of course, you will still need to pay our fee for the advance your received from us. But, our Bad Debt Protection gives you the peace of mind of knowing that you will always be paid for your invoices, even if only partially.