Best Invoice Finance Providers UK 2026

There is no single best provider. It depends on your turnover, your sector and your customers. Market Invoice lists 76 trading UK providers and holds full terms for 27 of them. On those terms, Skipton Business Finance and Close Brothers price each facility individually.

Ultimate Finance and HSBC publish advances up to 95%. Sonovate (recruitment only) and Hydr (single invoices) publish up to 100%. Close Brothers and Aldermore need at least £750,000 turnover, while Hydr and Sonovate publish no minimum.

We can't name one, because none of the big lenders publishes a price list: Skipton, Close Brothers, Bibby and Aldermore all quote per facility. Cost has two parts. The service charge is a percentage of your invoices. The discount charge is interest on the money advanced, set as a margin above the Bank of England base rate (3.75%).

ABC Finance, a UK broker, puts service charges at 0.5% to 3% of invoice value and the margin at 1.5% to 3.5% above base rate for well-established businesses (read 14 Oct 2026). The only way to find the cheapest for you is to get quotes.

Going by the setup times in our provider records, Hydr is quickest (same day to 1 working day), then Sonovate (2 working days) and Novuna (1 to 3 working days to funds). Ultimate Finance says within one week. Bibby, Close Brothers and Skipton publish no setup time. These are typical times, not promises: the first payment still waits for checks and signed paperwork.

No lender we list publishes a policy on CCJs or poor credit, so we can't rank one for it. Invoice finance lenders look mainly at your customers, because their payments repay the money advanced. Most still check your business and its directors, and some ask directors for a personal guarantee. Tell each lender about any CCJs up front and ask how they treat them. Our bad credit page goes into this in more detail.

Bibby Financial Services has sector teams for construction, recruitment and manufacturing. Construction invoices bring stage payments, retentions and contra charges, so a lender needs to understand them. Sonovate works only with recruitment businesses and offers funding alongside invoicing, credit control and payroll. It does not publish a fee: it says pricing depends on the services you choose.

Invoice finance for limited companies is not a regulated activity in the UK because it falls outside the Financial Services and Markets Act 2000 for business lending. Most named providers on this list are not FCA-authorised for invoice finance specifically. Some providers (banks like HSBC, Lloyds, NatWest, Aldermore) hold FCA authorisations for other regulated products.

Sole-trader and partnership invoice finance is occasionally treated as regulated lending, so check the FCA Register for any provider you are considering if you trade as a sole trader.

We use each provider's own published information. For three figures (minimum turnover, advance rate and typical rate) we check the lender's own website, and the UK Invoice Finance Rate Index shows the date of each check. The order of each list, setup times and the reasons we give are our own view.

We list 76 trading UK providers and hold full terms for 27. Market Invoice is operated by Best Business Loans Ltd (company number 16833937) as an independent comparison service. Our introduction partner pays us a fixed fee for each business we introduce, whether or not a facility follows. No provider pays to be listed or ranked.

Get at least three quotes and compare them like for like. Market Invoice's quote form at /invoice-finance-quote/ passes your enquiry to our introduction partner, a UK invoice finance provider, which comes back to you with quotes. Compare the total cost (service charge, discount charge, minimum fees and the notice period to leave), not just the headline service charge.