Sonovate vs Giant Finance+

Sonovate and Giant Finance+ are both recruitment-only finance specialists. Sonovate reports more than £8bn funded since 2014, operations in 44 countries and prepayment limits of up to 100%. Giant Finance+ bundles invoice finance with payroll, candidate screening and onboarding, credit control and insurance, and says it has over 2,000 customers. Both fund contractors and temporary workers.

Sonovate suits agencies placing contractors across borders. Giant Finance+ suits UK agencies that want funding and a full outsourced back office from one provider. More detail and scope

This page covers:

Sonovate vs Giant Finance+ comparison on scale, advance rates, international coverage, and back-office services.

Not covered here:

general invoice finance, non-recruitment sectors, other recruitment finance providers.

Head-to-Head Comparison

Head-to-Head Comparison
FeatureSonovateGiant Finance+
CustomersNot disclosed2,000+ (company-stated)
Total funded£8bn+ since 2014 (company-stated)Not disclosed
Countries44UK focused
Advance rateUp to 100%Not published
Back-officePayroll & invoicingFull service
Founded2014Not stated on its funding page
Best forInternational agenciesUK agencies wanting full outsourcing

Choose Sonovate If...

Choose Giant Finance+ If...

AP

Adam Parker

Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd

Adam was managing director of Penny, a UK invoice finance business, from July 2020 to November 2023. His career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library. Career record.

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Recruitment Finance FAQ

Which is bigger, Sonovate or Giant Finance+?

On the figures each publishes, Sonovate: it reports more than £8bn funded since it launched in 2014 and operations in 44 countries. Giant Finance+ says it is trusted by over 2,000 customers but does not publish a funded total, so a like-for-like size comparison is not possible.

Which advances more of each invoice?

Sonovate advertises prepayment limits of up to 100%. Giant Finance+ does not publish an advance percentage on its funding page, so ask for its figure in writing when you compare quotes. A high advance matters most for agencies with tight margins and weekly payroll.

Which is better for international recruitment?

Sonovate operates in 44 countries and supports multiple currencies. Giant Finance+ is primarily UK-focused. If you place contractors internationally, Sonovate is the stronger choice.