Alternatives to Funding Circle
The 3 UK alternatives to Funding Circle on this page are Hydr, Ultimate Finance and Bibby Financial Services. The table shows what each one publishes about minimum turnover, advance and fees, next to Funding Circle, with a link to each provider's own website.
What this page covers
This page covers:
UK invoice finance alternatives to Funding Circle, compared on product type, minimum turnover, advance, fees, setup time and our rating.
Not covered here:
In-depth single-provider reviews (see /providers/), head-to-head comparisons (see /vs/), general invoice finance education (see /guides/)
Funding Circle and the 3 alternatives side by side
| Compared on | Funding Circle | Hydr | Ultimate Finance | Bibby Financial Services |
|---|---|---|---|---|
| Product | Business term loans and FlexiPay (not invoice finance) | Single-invoice finance (digital, selective) | Invoice finance (factoring, CID), bridging, asset finance | Invoice finance (factoring, CID) |
| Min turnover | Not published | Not published | £600k | Not published |
| Advance | N/A (term loan, not advance against ledger) | Up to 100% per invoice | Up to 95% | Up to 95% |
| Fees | Rates starting at 6.9% per year (business loans) | Flat fee per invoice financed | Not published | Not published |
| Setup time (our guide) | 48 hours (funds, after acceptance) | Not published | Within one week | Not published |
| Our rating (out of 5) | 4.2 | 4.2 | 4.3 | 4.4 |
| Source | fundingcircle.com | hydr.co.uk | ultimatefinance.co.uk | bibbyfinancialservices.com |
Minimum turnover, advance and fees are as published on each provider's own website, checked between 1 October 2026 and 11 November 2026. "Not published" means we read the provider's own pages and it gives no figure. Setup times are a guide from our records, not a promise from the provider. Ratings are our own view, not a figure from the provider (how we rate providers).
More on each alternative
- Hydr: Our Hydr profile · Funding Circle vs Hydr · hydr.co.uk
- Ultimate Finance: Our Ultimate Finance profile · ultimatefinance.co.uk
- Bibby Financial Services: Our Bibby Financial Services profile · bibbyfinancialservices.com
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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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