Aldermore vs Skipton Business Finance
The main difference is turnover. Aldermore asks for at least £750k a year as a general rule. Skipton has no published minimum turnover, and says it has done confidential discounting deals for businesses with turnover as small as £100k. Both pay up to 90% of the invoice value, both offer factoring and invoice discounting, and neither publishes its fees. If your turnover is under £750k, ask Skipton first.
What this page covers
This page covers:
Head-to-head comparison of Aldermore and Skipton invoice finance for UK businesses in 2026.
Not covered here:
Individual provider reviews (see /providers/aldermore/ and /providers/skipton/), confidential discounting details (see /best/best-confidential-discounting/)
What each one publishes
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Aldermore Invoice Finance | £750k | Up to 90% | aldermore.co.uk |
| Skipton Business Finance | None published | Up to 90% | skiptonbusinessfinance.co.uk |
Figures as published on each lender's own website (each check is dated in our Rate Index). None of these lenders publishes its fees.
| Feature | Aldermore | Skipton |
|---|---|---|
| Fees | Not published | Not published |
| Set-up time | A few days to a few weeks | Not published |
| Invoice discounting (you collect) | Yes | Yes |
| Factoring (lender collects) | Yes | Yes |
| Asset based lending | Offered | Offered |
| Owned by | Aldermore Bank plc | Skipton Group |
From each lender's own website, read 14 October 2026: Aldermore invoice finance, Skipton for small businesses, Skipton Select and about Skipton Business Finance.
Aldermore may suit you if
- Your turnover is £750k or more
- You want to ask about the Growth Guarantee Scheme, which Aldermore is accredited to offer
- You want asset based lending alongside your invoice finance
Skipton may suit you if
- Your turnover is under £750k
- You want factoring with Skipton Select: a set-up fee plus a service charge set by your turnover, and no interest
- You want a lender that is part of a building society group
A note on Aldermore and Bibby: in June 2023 Bibby Financial Services bought Aldermore's Working Capital Finance division, and those clients moved to Bibby. Aldermore still offers invoice finance under its own name.
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam was managing director of Penny, a UK invoice finance business, from July 2020 to November 2023. His career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library. Career record.
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