Alternatives to Lloyds Bank Commercial Finance

4 UK invoice finance alternatives to Lloyds Bank Commercial Finance, compared on advance rate, setup speed, transparency, minimum turnover and best-fit.

The leading UK invoice finance alternatives to Lloyds Bank Commercial Finance are HSBC Invoice Finance, NatWest Invoice Finance, Barclays Invoice Finance and Aldermore Invoice Finance, compared here on advance rate, setup speed, minimum turnover and rating.

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Summary

Lloyds Bank Commercial Finance is benchmarked against 4 UK invoice finance alternatives: HSBC Invoice Finance, NatWest Invoice Finance, Barclays Invoice Finance and Aldermore 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 Lloyds Bank Commercial Finance, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating

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In-depth single-provider reviews (see /providers/), head-to-head comparisons (see /vs/), general invoice finance education (see /guides/)

Lloyds Bank Commercial Finance vs the 4 alternatives

Lloyds Bank Commercial Finance compared with 4 alternatives, last reviewed 2026-05-12
Lloyds Bank Commercial Finance HSBC Invoice Finance NatWest Invoice Finance Barclays Invoice Finance Aldermore Invoice Finance
Product Invoice finance (CID, factoring, ABL, export)Invoice finance (CID, factoring), trade finance integrationInvoice finance (CID, factoring, ABL)Invoice finance (CID, factoring, ABL)Invoice finance (Receivables Finance, factoring, CID)
Cluster high-streethigh-streethigh-streethigh-streetindependent
Min turnover £500k£500k£500k£500k£250k
Advance rate Up to 90%Up to 90%Up to 90%Up to 90%Up to 90%
Typical rate 0.7% to 1.5% service charge0.7% to 1.5% service charge0.7% to 1.5% service charge0.7% to 1.5% service charge1% to 2.5% service charge
Setup speed 10 to 15 working days10 to 15 working days10 to 15 working days10 to 15 working days7 working days
Rating 4.04.03.93.94.2

HSBC Invoice Finance

10 to 15 working days · Up to 90%

Global high street bank with strong trade finance integration. Targets £500k+ turnover with confidential discounting plus selective factoring. Multi-currency advance and letters of credit integrated. Setup 10-15 days. SM

Best for: Exporters with multi-currency receivables, £500k+ turnover banking customers.

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.

Best for: Existing NatWest banking customers, £500k+ turnover.

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

Best for: Existing Barclays banking customers, £500k+ turnover.

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.

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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