Alternatives to Aldermore Invoice Finance
4 UK invoice finance alternatives to Aldermore Invoice Finance, compared on advance rate, setup speed, transparency, minimum turnover and best-fit.
The leading UK invoice finance alternatives to Aldermore Invoice Finance are Skipton Business Finance, Bibby Financial Services, Novuna Business Finance and Ultimate Finance, compared here on advance rate, setup speed, minimum turnover and rating.
More detail + scope
Summary
Aldermore Invoice Finance is benchmarked against 4 UK invoice finance alternatives: Skipton Business Finance, Bibby Financial Services, Novuna Business Finance and Ultimate Finance. Each is compared on product type, minimum turnover, advance rate, typical rate, setup speed and overall rating, so you can see which fits your turnover and how fast you need funding. MarketInvoice then matches you to the best-fit provider.
This page covers
UK invoice finance alternatives to Aldermore Invoice Finance, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating
Not covered here
In-depth single-provider reviews (see /providers/), head-to-head comparisons (see /vs/), general invoice finance education (see /guides/)
Aldermore Invoice Finance vs the 4 alternatives
| Aldermore Invoice Finance | Skipton Business Finance | Bibby Financial Services | Novuna Business Finance | Ultimate Finance | |
|---|---|---|---|---|---|
| Product | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (CID, factoring, ABL) | Invoice finance (factoring, CID, ABL) | Invoice finance, asset finance, vehicle finance | Invoice finance (factoring, CID), bridging, asset finance |
| Cluster | independent | independent | independent | independent | independent |
| Min turnover | £250k | £100k | £100k | £500k | £100k |
| Advance rate | Up to 90% | Up to 90% | Up to 90% | Up to 90% | Up to 90% |
| Typical rate | 1% to 2.5% service charge | 0.5% to 2.5% service charge | 0.5% to 3% service charge plus discount margin | 1% to 2.5% service charge | 1.5% to 3.5% service charge |
| Setup speed | 7 working days | 5 working days | 5 working days | 7 working days | 3 working days |
| Rating | 4.2 | 4.2 | 4.4 | 4.2 | 4.3 |
Skipton Business Finance
5 working days · Up to 90%Skipton Building Society-backed independent IF lender, headquartered Yorkshire. 0.5% headline rates compete with Close Brothers. Strong on SME and regional manufacturing. Less national brand awareness but consistent serv
Bibby Financial Services
5 working days · Up to 90%The largest UK independent invoice finance provider by volume, family-owned, 40+ years in market. Strong on sector breadth (construction, recruitment, manufacturing, wholesale) and SME accessibility. Setup typically 5 wo
Novuna Business Finance
7 working days · Up to 90%Mitsubishi HC Capital UK plc subsidiary, formerly Hitachi Capital UK. Mid-market mainstream choice with strong asset finance cross-sell. Stable funding line via Japanese parent. Setup 7 days, mid-cost mid-flexibility.
Ultimate Finance
3 working days · Up to 90%The fastest-setup mainstream UK invoice finance lender, 3 working days typical. Owned by Tavistock Group. Strong on SME accessibility, flexible underwriting, and broader product set (also asset finance + bridging). Servi
Match me to a UK invoice finance provider
Tell us about your business. We match against UK invoice finance providers most likely to approve and price competitively.
Get matched →Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 12 May 2026