Our top-rated UK invoice finance lenders for 2026 are Sonovate, Close Brothers Invoice Finance, Bibby Financial Services. The order is our own editorial rating, then transparency, then setup speed. Each lender's minimum turnover and advance come from its own website. The right fit depends on your turnover, sector and whether you need invoice factoring or confidential invoice discounting.
Ranking covers 19 lenders with full structured terms in our Rate Index. Brokers are listed under the table, not ranked. For every lender in the market, ranked or not, see all UK invoice finance providers.
The best UK invoice finance companies for 2026 are Sonovate, Close Brothers Invoice Finance, Bibby Financial Services, Ultimate Finance, Hydr. They are ranked on our editorial rating, then transparency, then setup speed. More detail + scope
This page covers
19 UK invoice finance companies ranked, each with cluster, minimum turnover, advance rate, typical rate, setup speed and overall rating
Not covered here
Full sortable dataset (see /data/uk-invoice-finance-rate-index/), category winners (see /best/), provider profiles (see /providers/), cost breakdown (see /guides/costs/)
Ranked: UK Invoice Finance Companies 2026
Ordered by overall editorial rating, then transparency, then setup speed. Most lenders here don't publish a service charge. A discount charge, a margin above the Bank of England base rate (3.75% since 18 December 2025), applies on the cash paid to you.
| # | Company | Type | Min turnover | Advance | Setup | Rating |
|---|---|---|---|---|---|---|
| 1 | Sonovate | Recruitment specialist | No minimum | Up to 100% | 2 working days | 4.6 |
| 2 | Close Brothers Invoice Finance | Independent | £750k | Up to 90% | Not published | 4.5 |
| 3 | Bibby Financial Services | Independent | Not published | Up to 85% | Not published | 4.4 |
| 4 | Ultimate Finance | Independent | Not published | Up to 95% | Within one week | 4.3 |
| 5 | Hydr | Fintech | No minimum | Up to 100% per invoice | Same day to 1 working day | 4.2 |
| 6 | Aldermore Invoice Finance | Independent | £750k | Up to 90% | A few days to a few weeks | 4.2 |
| 7 | Novuna Business Finance | Independent | Not published | Up to 90% | 1 to 3 working days to funds | 4.2 |
| 8 | Skipton Business Finance | Independent | Not published | Up to 90% | Not published | 4.2 |
| 9 | Time Finance | Independent | Not published | Up to 90% | Not published | 4.1 |
| 10 | IGF (Independent Growth Finance) | Independent | £5m | Up to 90% (receivables); stock up to 85%, plant up to 75% | Not published | 4.1 |
| 11 | eCapital | Independent | Not published | Up to 90% | Not published | 4.0 |
| 12 | White Oak (UK) | Independent | £1m | Up to 90% | 5 to 10 working days | 4.0 |
| 13 | HSBC Invoice Finance | High street bank | £1m | Up to 95% | Not published | 4.0 |
| 14 | Lloyds Bank Commercial Finance | High street bank | £100k | Up to 90% | Not published | 4.0 |
| 15 | Apollo Business Finance | Independent | Not published | Up to 90% | Not published (funds within 24 hours once set up) | 3.9 |
| 16 | SME Invoice Finance | Independent | £100k | Up to 95% | 5 to 10 working days | 3.9 |
| 17 | Barclays Invoice Finance | High street bank | Not published | Up to 90% | Not published | 3.9 |
| 18 | NatWest Invoice Finance | High street bank | £300k | Up to 90% | Not published | 3.9 |
| 19 | Santander Invoice Finance | High street bank | Not published | Up to 90% | Not published | 3.8 |
Minimum turnover and advance are from each lender's own website. Setup times and ratings are our own view. Inclusion and ranking are never paid for. Sonovate is at the top on our rating, but it works only with recruitment agencies. See the UK Invoice Finance Rate Index for the full dataset and how each figure is sourced, and the UK Invoice Finance Lender League Table for how these lenders rank by live Companies House debentures.
Brokers, not ranked: Touch Financial, ABC Finance, Swoop Funding, Capitalise and Fund Invoice Discounting. A broker arranges a facility with a lender, so its terms are the lender's.
Why each company ranks where it does
1. Sonovate
Recruitment specialist · rated 4.6/5The largest UK recruitment-specialist invoice finance platform, with £8bn+ funded and 3,300+ businesses supported (sonovate.com, read 14 Oct 2026). Combines funding with back-office services (invoicing, credit control, payroll). 100% advance available with no PG common. Setup in 2 days.
2. Close Brothers Invoice Finance
Independent · rated 4.5/5Part of Close Brothers Group, which dates back to 1878. Offers invoice factoring, confidential invoice discounting and asset based lending. Its own pages ask for a minimum turnover of £750k a year and pay up to 90% of each invoice. Each agreement is individually priced, so no charge is published.
3. Bibby Financial Services
Independent · rated 4.4/5Describes itself as one of Europe's largest independent invoice finance providers, funding over 8,500 businesses; part of the family-owned Bibby Line Group and formed in 1982. Strong on sector breadth (construction, recruitment, manufacturing, wholesale) and SME accessibility.
4. Ultimate Finance
Independent · rated 4.3/5Facility set up within one week, with funds paid within 24 hours of receiving invoices once live, according to Ultimate Finance. Owned by Tavistock Group. Strong on SME accessibility, flexible underwriting, and broader product set (also asset finance + bridging). Pricing is quoted per facility rather than published; speed and decisioning win deals.
5. Hydr
Fintech · rated 4.2/5A Manchester-based fintech offering fully digital single-invoice finance with same-day onboarding and a flat transparent fee per invoice. Hydr integrates with accounting software and suits smaller businesses that want to finance selected invoices without a whole-ledger contract.
6. Aldermore Invoice Finance
Independent · rated 4.2/5Aldermore Bank plc offers invoice discounting, factoring and asset based lending under its own name. It pays up to 90% of the invoice value and, as a general rule, asks for a minimum turnover of £750k. It is accredited to offer the Growth Guarantee Scheme. In June 2023 Bibby Financial Services bought a separate part of Aldermore, its Working Capital Finance division, and those clients moved to Bibby. Aldermore and Bibby are separate lenders today.
7. Novuna Business Finance
Independent · rated 4.2/5Novuna is the trading style of Mitsubishi HC Capital UK PLC, formerly Hitachi Capital (UK) PLC, which switched to the Novuna brand on 14 February 2022 after its parent merged with Mitsubishi UFJ Lease & Finance to form Mitsubishi HC Capital Inc. The invoice finance arm trades as Novuna Business Cash Flow: advances up to 90%, funding often within 24 to 72 hours, and a 6-month trial period before the rolling contract. Mid-market mainstream choice with strong asset finance cross-sell, but neither pricing nor a minimum turnover is published.
8. Skipton Business Finance
Independent · rated 4.2/5Invoice finance lender that is part of the Skipton Group, owned by Skipton Building Society, with five UK offices. Offers factoring, confidential invoice discounting, Skipton Select and asset based lending up to £25m. Publishes no minimum turnover, setup time or fee.
9. Time Finance
Independent · rated 4.1/5AIM-listed UK lender offering invoice finance, asset finance and loans. For invoice finance it pays up to 90% of the invoice value, with funds within 24 hours, through factoring or confidential invoice discounting. Its gross lending book passed £250m in June 2026, its highest yet (company RNS).
10. IGF (Independent Growth Finance)
Independent · rated 4.1/5ABL specialist combining invoice finance with stock and plant lending under one facility. Private credit facilities of £2m to £25m for UK SMEs and mid-market corporates, with over £600m of facilities under management (March 2025, igfgroup.com). Advances up to 90% of debtors, 85% of stock and 75% of plant and machinery value.
Not sure which company fits your turnover and sector? Tell us about your business and get 3 free quotes.
Get my 3 quotes →Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
Published · Last updated