Best Invoice Finance Companies UK 2026

The best UK invoice finance companies for 2026, ranked by Market Invoice, are Sonovate, Kriya (Allica Bank), Close Brothers Invoice Finance. Companies are scored on overall editorial rating, transparency, setup speed and flexibility, drawn from published criteria and Companies House records. The right fit depends on your turnover, sector and whether you need factoring or confidential discounting.

Last reviewed: 2026-05-27. Ranking covers 25 companies with full structured terms in our dataset.

The best UK invoice finance companies for 2026 are Sonovate, Kriya (Allica Bank), Close Brothers Invoice Finance, Bibby Financial Services, Ultimate Finance. They are ranked on overall editorial rating, then transparency, then setup speed, using published criteria and Companies House records. More detail + scope

Summary

Market Invoice ranks 25 UK invoice finance companies for 2026 by overall editorial rating (out of 5), with transparency and setup speed as tie-breaks. Sonovate leads at 4.6. The list excludes adjacent products that are not invoice finance, such as revolving credit lines, term loans and trade credit insurance. The best company for a given business depends on turnover, sector and whether factoring or confidential invoice discounting is needed.

This page covers

25 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. Service charges shown are starting rates for each company's lowest-risk client profile; a discount charge of base rate (3.75% as of 18 December 2025) plus margin applies separately on the cash advanced.

# Company Type Min turnover Advance Setup Rating
1 Sonovate Recruitment specialist No minimum Up to 100% 2 working days 4.6
2 Kriya (Allica Bank) Fintech No minimum Up to 100% per invoice 1 working day 4.5
3 Close Brothers Invoice Finance Independent £500k Up to 90% 5 working days 4.5
4 Bibby Financial Services Independent £100k Up to 90% 5 working days 4.4
5 Ultimate Finance Independent £100k Up to 90% 3 working days 4.3
6 Hydr Fintech No minimum Up to 100% per invoice Same day to 1 working day 4.2
7 Aldermore Invoice Finance Independent £250k Up to 90% 7 working days 4.2
8 Novuna Business Finance Independent £500k Up to 90% 7 working days 4.2
9 Skipton Business Finance Independent £100k Up to 90% 5 working days 4.2
10 Time Finance Independent £250k Up to 90% 7 working days 4.1
11 IGF (Independent Growth Finance) Independent £500k Up to 90% receivables + stock + plant 10 working days 4.1
12 ABC Finance Independent Varies by funder Up to 90% (funder dependent) 3 to 10 working days 4.0
13 Capitalise Fintech Varies by funder Up to 90% (funder dependent) 3 to 10 working days 4.0
14 eCapital Independent £100k Up to 90% 5 to 10 working days 4.0
15 Swoop Funding Fintech Varies by funder Up to 90% (funder dependent) 3 to 10 working days 4.0
16 Touch Financial Independent Varies by funder Up to 90% (funder dependent) 3 to 10 working days 4.0
17 White Oak (UK) Independent £50k Up to 90% 5 to 10 working days 4.0
18 HSBC Invoice Finance High street bank £500k Up to 90% 10 to 15 working days 4.0
19 Lloyds Bank Commercial Finance High street bank £500k Up to 90% 10 to 15 working days 4.0
20 Apollo Business Finance Independent Varies by funder Up to 90% (funder dependent) 3 to 10 working days 3.9
21 Fund Invoice Discounting Independent Varies by funder Up to 90% (funder dependent) 3 to 10 working days 3.9
22 SME Invoice Finance Independent £50k Up to 90% 5 to 10 working days 3.9
23 Barclays Invoice Finance High street bank £500k Up to 90% 10 to 15 working days 3.9
24 NatWest Invoice Finance High street bank £500k Up to 90% 10 to 15 working days 3.9
25 Santander Invoice Finance High street bank £500k Up to 85% 10 to 15 working days 3.8

Source: Market Invoice analysis, last reviewed 2026-05-27, across UK invoice finance companies with full structured terms. Ratings are editorial and set from published criteria and Companies House records. Inclusion and ranking are never paid for. See the UK Invoice Finance Rate Index for the full dataset and how each figure is sourced.

Why each company ranks where it does

1. Sonovate

Recruitment specialist · rated 4.6/5

UK market leader in recruitment-specialist invoice finance, £4.2bn funded across 3,300+ clients. Combines funding with back-office services (invoicing, credit control, payroll). 100% advance available with no PG common. Setup in 2 days, fastest in mainstream.

Best for: UK recruitment agencies, Startup recruiters, Recruitment Ltd companies wanting outsourced back-office.

2. Kriya (Allica Bank)

Fintech · rated 4.5/5

Fintech invoice finance leader, £4bn+ processed, acquired by Allica Bank October 2025. Pure single-invoice (selective) model: pay per invoice financed, no whole-book commitment. Setup in 1 day. Embedded finance integrations with accounting platforms.

Best for: Single-invoice selective need, Startup and micro-business, API-driven workflows.

3. Close Brothers Invoice Finance

Independent · rated 4.5/5

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 businesses wanting a bank-grade name without bank pricing.

Best for: £500k+ turnover Ltd companies, Confidential discounting use cases, Cost-sensitive established trading businesses.

4. Bibby Financial Services

Independent · rated 4.4/5

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 working days, faster than bank competitors.

Best for: Construction subcontractors, Recruitment agencies, SME manufacturing.

5. Ultimate Finance

Independent · rated 4.3/5

The fastest-setup mainstream UK invoice finance lender, 3 working days typical. Owned by Tavistock Group. Strong on SME accessibility, flexible underwriting, and broader product set (also asset finance + bridging). Service charge higher than Close Brothers but speed and decisioning win deals.

Best for: SME urgent setup, Multi-product facility seekers, Hybrid IF + bridging needs.

6. Hydr

Fintech · rated 4.2/5

A 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.

Best for: Selective single-invoice finance, Smaller and early-stage businesses, Xero-driven workflows.

7. Aldermore Invoice Finance

Independent · rated 4.2/5

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 Finance in 2023 but Aldermore continues independently.

Best for: £250k-£5m turnover Ltd companies, Cross-product banking relationship seekers, Growth Guarantee eligible.

8. Novuna Business Finance

Independent · rated 4.2/5

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, Stable mid-market funders.

9. Skipton Business Finance

Independent · rated 4.2/5

Skipton Building Society-backed independent IF lender, headquartered Yorkshire. 0.5% headline rates compete with Close Brothers. Strong on SME and regional manufacturing. Less national brand awareness but consistent service ratings.

Best for: SME manufacturing and wholesale, Cost-sensitive Yorkshire/Northern businesses, Mutual-style funder preference.

10. Time Finance

Independent · rated 4.1/5

AIM-listed UK independent specialist lender, £150m funded annually. Multi-product (IF + asset + loans). Mid-market SME focus. Mid-cost mid-speed mainstream choice. Strong panel for B2B service businesses, light industrial.

Best for: SME service businesses, Multi-product facility seekers, £250k-£5m turnover.

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OM

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: 27 May 2026

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Best Invoice Finance Companies FAQ

Who are the best invoice finance companies in the UK in 2026?

On Market Invoice's editorial scoring, the top-rated UK invoice finance companies for 2026 are Sonovate, Kriya (Allica Bank), Close Brothers Invoice Finance, Bibby Financial Services, Ultimate Finance. The ranking weights overall editorial rating, then transparency, then setup speed. The single best company for your business depends on your turnover, sector and whether you want factoring or confidential invoice discounting.

How does Market Invoice rank invoice finance companies?

Every company in our dataset carries an overall editorial rating out of 5, plus sub-ratings for transparency, setup speed and flexibility, each set from published criteria and Companies House records. The ranking on this page orders companies by overall rating first, then transparency, then setup speed, with name as a stable tie-break. We do not move a company up or down for paying a referral fee.

What does invoice finance cost in 2026?

Invoice finance has two charges: a service charge of roughly 0.5% to 3% of invoice value, and a discount charge of the Bank of England base rate (3.75% as of 18 December 2025) plus a margin of about 1.5% to 3%. A service fee of 0.5% to 3% applies on top. Total effective cost is typically 1% to 2.4% of annual turnover.

Are these the only UK invoice finance companies?

No. Market Invoice tracks around 85 active UK invoice finance and factoring providers. This page ranks the companies for which we hold full structured terms. For the complete sortable dataset see the UK Invoice Finance Rate Index, and for a category-by-category breakdown see the Best Invoice Finance Providers hub.