Data Index

UK Invoice Finance Rate Index 2026

The UK Invoice Finance Rate Index is a verified, structured dataset of provider terms: minimum turnover, advance rate, typical service charge and discount margin, setup speed, and whether confidential invoice discounting and factoring are available. Every figure is taken from published provider criteria and Companies House records, not from advertising. This page tracks 15 verified providers, 15 of which are independently confirmed as active on the Companies House register and 6 as authorised firms on the FCA Register.

Last updated 2026-05-12 · Compiled by Market Invoice · See full provider profiles · Market statistics

Provider Type Min turnover Advance rate Typical service charge / discount margin Setup speed Confidential Factoring Rating
Bibby Financial Services Independent £100k Up to 90% 0.5% to 3% service charge plus discount margin 5 working days Yes Yes 4.4
Close Brothers Invoice Finance Independent £500k Up to 90% From 0.5% service charge 5 working days Yes Yes 4.5
Ultimate Finance Independent £100k Up to 90% 1.5% to 3.5% service charge 3 working days Yes Yes 4.3
Aldermore Invoice Finance Independent £250k Up to 90% 1% to 2.5% service charge 7 working days Yes Yes 4.2
Skipton Business Finance Independent £100k Up to 90% 0.5% to 2.5% service charge 5 working days Yes Yes 4.2
IGF (Independent Growth Finance) Independent £500k Up to 90% receivables + stock + plant Bespoke pricing 10 working days Yes Yes 4.1
Novuna Business Finance Independent £500k Up to 90% 1% to 2.5% service charge 7 working days Yes Yes 4.2
Lloyds Bank Commercial Finance High street bank £500k Up to 90% 0.7% to 1.5% service charge 10 to 15 working days Yes Yes 4.0
HSBC Invoice Finance High street bank £500k Up to 90% 0.7% to 1.5% service charge 10 to 15 working days Yes Yes 4.0
Barclays Invoice Finance High street bank £500k Up to 90% 0.7% to 1.5% service charge 10 to 15 working days Yes Yes 3.9
NatWest Invoice Finance High street bank £500k Up to 90% 0.7% to 1.5% service charge 10 to 15 working days Yes Yes 3.9
Santander Invoice Finance High street bank £500k Up to 85% 0.7% to 1.5% service charge 10 to 15 working days Yes Yes 3.8
Sonovate Recruitment specialist No minimum Up to 100% 2% to 4% blended (funding + back-office) 2 working days No Yes 4.6
Time Finance Independent £250k Up to 90% 1.5% to 3% service charge 7 working days Yes Yes 4.1
Kriya (Allica Bank) Fintech No minimum Up to 100% per invoice 1% to 4% per invoice 1 working day Yes No 4.5

Click the Provider, Min turnover or Rating column headers to sort. Figures are normalised from each provider's published criteria. Rate ranges reflect headline-to-typical bands; your actual rate depends on turnover, debtor quality, sector and contract terms.

Methodology

Each provider in the index is reviewed against a common schema so the rows are directly comparable. We record minimum turnover, advance rate, the typical service charge and discount margin, setup speed, whether confidential invoice discounting is offered, whether factoring is offered, and an overall editorial rating out of 5 built from sub-scores for transparency, speed and flexibility.

Source material is published provider criteria, provider documentation, and Companies House records for legal entity and incorporation data. Where a provider publishes a rate band rather than a single figure, we record the band. We do not publish a rate we cannot evidence from a primary source, so some cells read as a range or "bespoke" rather than a fabricated point estimate.

The "last updated" date above is set to the most recent provider review date in the underlying dataset, so it never overstates freshness. Individual provider review dates are shown on each provider profile. The index is maintained by the Market Invoice editorial team and overseen by Oliver Mackman, director of Best Business Loans Ltd.

This dataset is published under a Creative Commons Attribution 4.0 licence. You may reuse the figures with attribution to Market Invoice (marketinvoice.co.uk).

What the index measures

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