Invoice Finance Providers That Disappeared (2020-2026)
At least eight significant UK invoice finance providers have collapsed, been acquired, or exited the market between 2020 and 2026. These include Greensill Capital (administration 2021), Stenn International (administration 2024), MarketInvoice/Kriya (acquired by Allica Bank 2025), Barclays factoring (exited 2021), Castle Business Finance (administration 2020), Just Cash Flow (administration 2022), Platform Black (exited to become Sancus Lending), and Aldermore WCF (sold to Bibby 2023).
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Summary
The UK invoice finance market lost several major players between 2020 and 2026 through administration, acquisition, and voluntary exit. Despite this churn, the market has grown - new fintechs have entered and the total market reached £22.7bn in 2025. This page tracks every significant departure and links to detailed individual histories.
This page covers
Comprehensive list of UK invoice finance providers that disappeared 2020-2026. What happened to each, and who is still growing.
Not covered here
Individual provider histories (linked within article), current active providers (see /providers/)
The UK invoice finance market has seen significant churn since 2020. At least eight notable providers have collapsed into administration, been acquired, or exited invoice finance entirely. Despite this, the overall market has continued to grow - reaching £22.7 billion in 2025 - as new entrants have replaced those that disappeared. Here is the comprehensive record.
The Full List
Who's Still Here and Growing
Despite the departures, the UK invoice finance market is healthy. There are currently 85+ active providers, including long-established players and newer fintechs. The providers that have grown through this period include:
- Bibby Financial Services - expanded by acquiring Aldermore's book
- Close Brothers - steady growth in the independent sector
- HSBC - remains the largest bank provider
- Sonovate, Hydr, Triver - fintech entrants filling the gaps left by departures
Browse the full directory of active providers at /providers/, or use the comparison tool to filter by your requirements.
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: 6 April 2026