Alternatives to HSBC Invoice Finance
4 UK invoice finance alternatives to HSBC Invoice Finance, compared on advance rate, setup speed, transparency, minimum turnover and best-fit.
The leading UK invoice finance alternatives to HSBC Invoice Finance are Lloyds Bank Commercial Finance, NatWest Invoice Finance, Barclays Invoice Finance and Santander Invoice Finance, compared here on advance rate, setup speed, minimum turnover and rating.
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Summary
HSBC Invoice Finance is benchmarked against 4 UK invoice finance alternatives: Lloyds Bank Commercial Finance, NatWest Invoice Finance, Barclays Invoice Finance and Santander Invoice 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.
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UK invoice finance alternatives to HSBC Invoice Finance, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating
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HSBC Invoice Finance vs the 4 alternatives
| HSBC Invoice Finance | Lloyds Bank Commercial Finance | NatWest Invoice Finance | Barclays Invoice Finance | Santander Invoice Finance | |
|---|---|---|---|---|---|
| Product | Invoice finance (CID, factoring), trade finance integration | Invoice finance (CID, factoring, ABL, export) | Invoice finance (CID, factoring, ABL) | Invoice finance (CID, factoring, ABL) | Invoice finance (CID, factoring) |
| Cluster | high-street | high-street | high-street | high-street | high-street |
| Min turnover | £500k | £500k | £500k | £500k | £500k |
| Advance rate | Up to 90% | Up to 90% | Up to 90% | Up to 90% | Up to 85% |
| Typical rate | 0.7% to 1.5% service charge | 0.7% to 1.5% service charge | 0.7% to 1.5% service charge | 0.7% to 1.5% service charge | 0.7% to 1.5% service charge |
| Setup speed | 10 to 15 working days | 10 to 15 working days | 10 to 15 working days | 10 to 15 working days | 10 to 15 working days |
| Rating | 4.0 | 4.0 | 3.9 | 3.9 | 3.8 |
Lloyds Bank Commercial Finance
10 to 15 working days · Up to 90%Historically the largest UK invoice finance lender by volume. High street bank scale, full ABL panel, multi-currency. Targets £500k+ turnover; SME book reduced 2023-25. Setup 10-15 days reflects bank approval stages. Str
NatWest Invoice Finance
10 to 15 working days · Up to 90%NatWest Group (formerly RBS Group) invoice finance arm. £500k+ turnover focus. Standard high street bank profile and process. Strong banking relationship cross-sell into FX, deposits, current account. SME book reduced.
Barclays Invoice Finance
10 to 15 working days · Up to 90%UK high street bank with established invoice finance and ABL desk. £500k+ turnover focus. Standard high street profile: 10-15 day setup, bank credit committee, multi-product banking relationship cross-sell. SME book redu
Santander Invoice Finance
10 to 15 working days · Up to 85%Santander UK high street bank with corporate IF desk. £500k+ turnover focus. Advance rate caps at 85% (vs 90% mainstream). Banking relationship cross-sell into wider Santander services. European parent bank.
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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