Alternatives to Skipton Business Finance

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

The leading UK invoice finance alternatives to Skipton Business Finance are Aldermore Invoice Finance, Close Brothers Invoice Finance, Novuna Business Finance and Bibby Financial Services, compared here on advance rate, setup speed, minimum turnover and rating.

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Summary

Skipton Business Finance is benchmarked against 4 UK invoice finance alternatives: Aldermore Invoice Finance, Close Brothers Invoice Finance, Novuna Business Finance and Bibby Financial Services. 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 Skipton Business 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/)

Skipton Business Finance vs the 4 alternatives

Skipton Business Finance compared with 4 alternatives, last reviewed 2026-05-12
Skipton Business Finance Aldermore Invoice Finance Close Brothers Invoice Finance Novuna Business Finance Bibby Financial Services
Product Invoice finance (CID, factoring, ABL)Invoice finance (Receivables Finance, factoring, CID)Invoice finance (CID, factoring, ABL)Invoice finance, asset finance, vehicle financeInvoice finance (factoring, CID, ABL)
Cluster independentindependentindependentindependentindependent
Min turnover £100k£250k£500k£500k£100k
Advance rate Up to 90%Up to 90%Up to 90%Up to 90%Up to 90%
Typical rate 0.5% to 2.5% service charge1% to 2.5% service chargeFrom 0.5% service charge1% to 2.5% service charge0.5% to 3% service charge plus discount margin
Setup speed 5 working days7 working days5 working days7 working days5 working days
Rating 4.24.24.54.24.4

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.

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.

Novuna Business Finance

7 working days · Up to 90%

Mitsubishi HC Capital UK plc subsidiary, formerly Hitachi Capital UK. Mid-market mainstream choice with strong asset finance cross-sell. Stable funding line via Japanese parent. Setup 7 days, mid-cost mid-flexibility.

Best for: £500k-£10m turnover Ltd companies, Cross-product (IF + asset) facility seekers.

Bibby Financial Services

5 working days · Up to 90%

The largest UK independent invoice finance provider by volume, family-owned, 40+ years in market. Strong on sector breadth (construction, recruitment, manufacturing, wholesale) and SME accessibility. Setup typically 5 wo

Best for: Construction subcontractors, Recruitment agencies.

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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