Alternatives to Bibby Financial Services

4 UK invoice finance alternatives to Bibby Financial Services, compared on advance rate, setup speed, transparency, minimum turnover and best-fit.

The leading UK invoice finance alternatives to Bibby Financial Services are Close Brothers Invoice Finance, Ultimate Finance, Aldermore Invoice Finance and IGF (Independent Growth Finance), compared here on advance rate, setup speed, minimum turnover and rating.

More detail + scope

Summary

Bibby Financial Services is benchmarked against 4 UK invoice finance alternatives: Close Brothers Invoice Finance, Ultimate Finance, Aldermore Invoice Finance and IGF (Independent Growth 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 Bibby Financial Services, 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/)

Bibby Financial Services vs the 4 alternatives

Bibby Financial Services compared with 4 alternatives, last reviewed 2026-05-12
Bibby Financial Services Close Brothers Invoice Finance Ultimate Finance Aldermore Invoice Finance IGF (Independent Growth Finance)
Product Invoice finance (factoring, CID, ABL)Invoice finance (CID, factoring, ABL)Invoice finance (factoring, CID), bridging, asset financeInvoice finance (Receivables Finance, factoring, CID)Invoice finance (ABL, CID), asset-based lending
Cluster independentindependentindependentindependentindependent
Min turnover £100k£500k£100k£250k£500k
Advance rate Up to 90%Up to 90%Up to 90%Up to 90%Up to 90% receivables + stock + plant
Typical rate 0.5% to 3% service charge plus discount marginFrom 0.5% service charge1.5% to 3.5% service charge1% to 2.5% service chargeBespoke pricing
Setup speed 5 working days5 working days3 working days7 working days10 working days
Rating 4.44.54.34.24.1

Close Brothers Invoice Finance

5 working days · Up to 90%

UK merchant banking heritage with 0.5% headline service charge, undercutting most banks and most independents. Strong on transparency, dated published criteria, FCA regulated. Best fit for £500k+ turnover trading busines

Best for: £500k+ turnover Ltd companies, Confidential discounting use cases.

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

Best for: SME urgent setup, Multi-product facility seekers.

Aldermore Invoice Finance

7 working days · Up to 90%

Challenger bank with a dedicated invoice finance arm, relaunched as Receivables Finance in 2025 with Growth Guarantee Scheme accreditation. Mid-cost mid-speed mainstream choice. Bibby acquired Aldermore Working Capital F

Best for: £250k-£5m turnover Ltd companies, Cross-product banking relationship seekers.

IGF (Independent Growth Finance)

10 working days · Up to 90% receivables + stock + plant

ABL specialist combining invoice finance with stock and plant lending under one facility. Strong on complex mid-market deals up to £25m. Slower setup but more flexible structure than monoline IF lenders. Backed by Norwic

Best for: Mid-market £5m-£50m turnover, Complex ABL needs (receivables + stock).

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 →
OM

Oliver Mackman

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