Alternatives to Quba Solutions Invoice Finance
Quba Solutions funds recruitment agencies and says it works with recruiters who have at least three years' experience (quba.solutions, read 14 October 2026). The 4 alternatives here are Sonovate, Bibby Financial Services, Close Brothers and Ultimate Finance. Sonovate and Bibby both have recruitment products.
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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Why people look beyond Quba
- Less than three years in recruitment. Quba asks for three years. Sonovate says it works with agencies from brand new start-ups (sonovate.com).
- You want to see an advance rate before you apply. Quba does not publish one. The lenders in the table below do.
- You were turned down. Each lender decides for itself, so another lender may still say yes.
What the 4 alternatives publish
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Sonovate | No minimum | Up to 100% | sonovate.com |
| Bibby Financial Services | None published | Up to 95% | bibbyfinancialservices.com |
| Close Brothers Invoice Finance | £750k | Up to 90% | closeinvoice.co.uk |
| Ultimate Finance | £600k | Up to 95% | ultimatefinance.co.uk |
Figures as published on each lender's own website (each check is dated in our Rate Index). None of these lenders publishes its fees.
Which one to look at
- Sonovate: Recruitment agencies only. Sonovate says it works with agencies from brand new start-ups upwards, so it can suit you if you have less than three years in recruitment.
- Bibby Financial Services: Bibby has a recruitment invoice finance product, and also lends to other sectors.
- Close Brothers Invoice Finance: Agencies with turnover of £750k or more, which is its published minimum.
- Ultimate Finance: A general invoice finance lender. It says facilities are set up within one week.
Bibby's recruitment product: bibbyfinancialservices.com/recruitment-finance (read 14 October 2026).
How MarketInvoice works
MarketInvoice is not a lender. If you ask for quotes, we pass your details to one or more of the finance partners we work with, who come back to you with quotes, free of charge to you. See Quba vs MarketInvoice for the side-by-side.
Alternatives to Quba FAQ
Who is Quba Solutions for?
Recruitment agencies. Quba says it supports recruiters with at least three years' experience in any recruitment sector, and offers recruitment funding, invoice factoring, a CMS and a timesheet app (quba.solutions, read 14 October 2026). It does not publish its advance rate, turnover limits or fees.
Which alternative is closest to Quba for recruitment?
Sonovate and Bibby Financial Services both have recruitment invoice finance products. Sonovate works only with recruitment agencies. Bibby lends to recruitment agencies and other sectors.
Is there a cheaper alternative to Quba?
We can't say. Quba, Bibby, Close Brothers and Ultimate Finance do not publish their fees, so the only way to compare cost is to get quotes on the same figures.
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