UK Invoice Finance Market Activity

Each month we count the new invoice finance debentures registered at Companies House and break them down by lender. It is a live read on which UK invoice finance providers are writing the most new facilities, built first-party from the Companies House charges stream under the Open Government Licence. New debenture registrations are a recognised proxy for new facility volume, the same basis the industry uses to size lender activity. For the front-loaded study version with the headline finding and a citable chart, see the UK Invoice Finance Lender Index 2026.

This month, from Market Invoice

September 2026 so far, month in progress, updating daily

So far in September 2026, 57 new invoice finance debentures have been registered across the 15 active UK lenders we track , down 94 on the previous month and up 46 year on year. The most active lender was Lloyds Bank Commercial Finance with 13 new registrations.

Figures are new charge registrations classified by the chargee (the lender). Read the methodology below for what this does and does not capture.

Leading UK invoice finance lenders

Ranked by Market Invoice's editorial assessment of rate, advance rate, setup speed and contract flexibility, our standing view of the strongest providers in the market. This is a qualitative ranking, not the monthly debenture activity below.

Rank Lender Type Rating
1 Sonovate Recruitment specialist 4.6
2 Close Brothers Invoice Finance Independent 4.5
3 Kriya (Allica Bank) Fintech 4.5
4 Bibby Financial Services Independent 4.4
5 Ultimate Finance Independent 4.3
6 iwoca Fintech 4.3
7 Aldermore Invoice Finance Independent 4.2
8 Skipton Business Finance Independent 4.2
9 Novuna Business Finance Independent 4.2
10 Funding Circle Fintech 4.2
11 Allianz Trade Independent 4.2
12 Hydr Fintech 4.2
13 IGF (Independent Growth Finance) Independent 4.1
14 Time Finance Independent 4.1
15 Lloyds Bank Commercial Finance Bank / bank-backed 4.0

Methodology behind the scores: UK Invoice Finance Rate Index. For activity (who is writing the most new facilities), see the monthly tracker below.

57
New debentures
15
Active lenders
down 94
vs previous month
up 46
vs same month last year

New debentures by lender, September 2026 (so far)

Rank Lender Category New debentures
1 Lloyds Bank Commercial Finance bank 13
2 RBS / NatWest Invoice Finance bank 8
3 eCapital Commercial Finance large_indep 7
4 Bibby Financial Services large_indep 6
5 HSBC Invoice Finance bank 5
6 Apollo Business Finance mid_indep 3
7 Peak Cashflow mid_indep 3
8 Sallyport Commercial Finance mid_indep 3
9 Quba Solutions specialist 2
10 Zodeq specialist 2
11 4Syte mid_indep 1
12 Arbuthnot Latham & Co specialist 1
13 Shire Invoice Finance mid_indep 1
14 Team Factors mid_indep 1
15 Ultimate Finance large_indep 1

Edition data: 2026-09.json (machine-readable, CC BY 4.0).

New UK invoice finance debentures by lender, September 2026 (so far)
RankLenderCategoryNew debentures
1Lloyds Bank Commercial Financebank13
2RBS / NatWest Invoice Financebank8
3eCapital Commercial Financelarge_indep7
4Bibby Financial Serviceslarge_indep6
5HSBC Invoice Financebank5
6Apollo Business Financemid_indep3
7Peak Cashflowmid_indep3
8Sallyport Commercial Financemid_indep3
9Quba Solutionsspecialist2
10Zodeqspecialist2
114Sytemid_indep1
12Arbuthnot Latham & Cospecialist1
13Shire Invoice Financemid_indep1
14Team Factorsmid_indep1
15Ultimate Financelarge_indep1

Source: Market Invoice, from the Companies House charges stream (Open Government Licence v3.0), aggregation CC BY 4.0

View as plain-text Markdown
### New UK invoice finance debentures by lender, September 2026 (so far)

| Rank | Lender | Category | New debentures |
| --- | --- | --- | --- |
| 1 | Lloyds Bank Commercial Finance | bank | 13 |
| 2 | RBS / NatWest Invoice Finance | bank | 8 |
| 3 | eCapital Commercial Finance | large_indep | 7 |
| 4 | Bibby Financial Services | large_indep | 6 |
| 5 | HSBC Invoice Finance | bank | 5 |
| 6 | Apollo Business Finance | mid_indep | 3 |
| 7 | Peak Cashflow | mid_indep | 3 |
| 8 | Sallyport Commercial Finance | mid_indep | 3 |
| 9 | Quba Solutions | specialist | 2 |
| 10 | Zodeq | specialist | 2 |
| 11 | 4Syte | mid_indep | 1 |
| 12 | Arbuthnot Latham & Co | specialist | 1 |
| 13 | Shire Invoice Finance | mid_indep | 1 |
| 14 | Team Factors | mid_indep | 1 |
| 15 | Ultimate Finance | large_indep | 1 |

Source: Market Invoice, from the Companies House charges stream (Open Government Licence v3.0), aggregation CC BY 4.0

Archive

  • September 2026: 57 new debentures
  • August 2026: 151 new debentures
  • July 2026: 46 new debentures
  • June 2026: 103 new debentures
  • May 2026: 20 new debentures
  • April 2026: 10 new debentures
  • March 2026: 1 new debentures
  • February 2026: 2 new debentures
  • January 2026: 2 new debentures
  • November 2025: 7 new debentures
  • October 2025: 6 new debentures
  • September 2025: 11 new debentures
  • August 2025: 4 new debentures
  • July 2025: 5 new debentures
  • June 2025: 3 new debentures
  • May 2025: 3 new debentures
  • April 2025: 5 new debentures
  • March 2025: 4 new debentures
  • February 2025: 2 new debentures
  • January 2025: 2 new debentures
  • December 2024: 5 new debentures
  • November 2024: 4 new debentures
  • October 2024: 1 new debentures
  • September 2024: 6 new debentures
  • August 2024: 4 new debentures
  • July 2024: 4 new debentures
  • June 2024: 1 new debentures
  • May 2024: 2 new debentures
  • April 2024: 2 new debentures
  • March 2024: 2 new debentures
  • January 2024: 5 new debentures
  • December 2023: 3 new debentures
  • November 2023: 2 new debentures
  • October 2023: 2 new debentures
  • September 2023: 4 new debentures
  • August 2023: 4 new debentures
  • July 2023: 3 new debentures
  • June 2023: 2 new debentures
  • April 2023: 2 new debentures
  • March 2023: 1 new debentures
  • December 2022: 5 new debentures
  • October 2022: 1 new debentures
  • September 2022: 4 new debentures
  • August 2022: 18 new debentures
  • April 2022: 3 new debentures
  • March 2022: 2 new debentures
  • February 2022: 2 new debentures
  • September 2021: 6 new debentures
  • August 2021: 1 new debentures
  • June 2021: 3 new debentures
  • May 2021: 1 new debentures
  • April 2021: 1 new debentures
  • March 2021: 1 new debentures
  • December 2020: 5 new debentures
  • July 2020: 1 new debentures
  • June 2020: 1 new debentures
  • May 2020: 2 new debentures
  • February 2020: 4 new debentures
  • January 2020: 3 new debentures
  • October 2019: 1 new debentures
  • April 2019: 3 new debentures
  • February 2019: 3 new debentures
  • January 2019: 1 new debentures
  • December 2018: 2 new debentures
  • May 2018: 1 new debentures
  • April 2018: 1 new debentures
  • November 2017: 1 new debentures
  • October 2017: 1 new debentures
  • August 2017: 1 new debentures
  • July 2017: 2 new debentures
  • April 2017: 1 new debentures
  • March 2017: 1 new debentures
  • February 2017: 1 new debentures
  • November 2016: 1 new debentures
  • October 2016: 6 new debentures
  • July 2016: 1 new debentures
  • September 2015: 1 new debentures
  • August 2015: 2 new debentures
  • July 2015: 1 new debentures
  • March 2015: 2 new debentures
  • September 2014: 1 new debentures
  • March 2014: 1 new debentures
  • January 2014: 1 new debentures
  • October 2013: 1 new debentures
  • August 2013: 5 new debentures
  • January 2013: 1 new debentures
  • August 2012: 3 new debentures
  • January 2012: 1 new debentures
  • November 2011: 1 new debentures
  • September 2011: 1 new debentures
  • August 2011: 1 new debentures
  • April 2011: 1 new debentures
  • February 2011: 1 new debentures
  • November 2010: 1 new debentures
  • February 2010: 1 new debentures
  • November 2009: 1 new debentures
  • May 2009: 1 new debentures
  • March 2009: 1 new debentures
  • January 2009: 3 new debentures
  • August 2008: 1 new debentures
  • October 2007: 1 new debentures
  • May 2007: 2 new debentures
  • December 2006: 1 new debentures
  • July 2006: 1 new debentures
  • April 2006: 1 new debentures
  • February 2004: 1 new debentures
  • November 2002: 3 new debentures
  • April 2002: 2 new debentures
  • January 2001: 1 new debentures

Methodology

Every charge (debenture) registered at Companies House is published in real time on the Companies House charges streaming API. We consume that stream continuously and keep only the charges whose registered chargee (the persons entitled field) matches our curated list of UK invoice finance lenders. Each kept charge is recorded once, by its registration (filing) date at Companies House, and aggregated into a monthly total per lender.

We count new debenture registrations, which is a proxy for new facility wins, not confirmed deal value or drawn funds. A lender that signs many small facilities will rank above one that signs a few large ones. Lender classification is by name matching against the published list below; where a parent bank files charges for unrelated lending (mortgages, asset finance) those are excluded because they do not carry an invoice finance entity name. We do not estimate or fill gaps: if the stream did not capture a charge, it is not counted.

Source data is Crown copyright, published by Companies House under the Open Government Licence v3.0. Our monthly aggregation is published under a Creative Commons Attribution 4.0 licence: reuse the figures with attribution to Market Invoice (marketinvoice.co.uk). The dataset is maintained by the Market Invoice editorial team and overseen by Oliver Mackman, director of Best Business Loans Ltd.

Lender coverage (38 lenders tracked)

These are the invoice finance lenders we classify from the charges stream. Published for transparency so the method is auditable.

LenderCategory
Arbuthnot Latham & Co specialist
Bibby Financial Services large_indep
Lloyds Bank Commercial Finance bank
eCapital Commercial Finance large_indep
Apollo Business Finance mid_indep
RBS / NatWest Invoice Finance bank
HSBC Invoice Finance bank
Team Factors mid_indep
Time Finance large_indep
Novuna Business Finance large_indep
Close Brothers Invoice Finance large_indep
Skipton Business Finance large_indep
Quba Solutions specialist
Shire Invoice Finance mid_indep
Ultimate Finance large_indep
Zodeq specialist
4Syte mid_indep
WeDo Finance mid_indep
Cynergy Business Finance large_indep
Castlebridge Finance mid_indep
IGF (Independent Growth Finance) large_indep
Investec Capital Solutions bank
Secure Trust Bank Commercial Finance large_indep
Paragon Business Finance mid_indep
Sallyport Commercial Finance mid_indep
Peak Cashflow mid_indep
Sonovate specialist
Praetura Commercial Finance large_indep
Metro Bank Invoice Finance bank
Leumi ABL large_indep
Liquid Link specialist
Giant Finance specialist
Optimum SME Finance mid_indep
Partnership Invoice Finance mid_indep
Grenke mid_indep
Pulse Cashflow Finance large_indep
Simplicity Finance mid_indep
FI Capital mid_indep

See also the UK Invoice Finance Rate Index (provider terms and pricing) and the full provider directory.

AP

Adam Parker

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.

Last reviewed: 7 September 2026

Cite this dataset

To reference these figures, please credit MarketInvoice and link to this page:

Source: MarketInvoice, UK Invoice Finance Market Activity, https://marketinvoice.co.uk/data/uk-invoice-finance-market-activity/ (accessed 2026-09-10).

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