Invoice Finance for Automotive Industry UK

Automotive parts suppliers often pay for metal, parts and labour well before a vehicle maker or larger supplier pays them. Invoice finance lets you draw most of each invoice once the parts are delivered, instead of waiting for the customer's payment run. The customer pays as normal, and the lender keeps a fee. Most lenders publish a minimum turnover, so check the table below before you apply. Market Invoice compares UK providers, and you can get 3 free quotes through our introduction partner, a UK invoice finance provider.

Where the cash gap comes from

A parts supplier usually buys materials, runs the job and delivers before it can invoice. The vehicle maker or larger supplier then pays on its own terms, which are often longer than the terms the supplier gets from its own suppliers. The bigger the order, the more cash sits in that gap.

Repairers and fleet maintainers have the same problem on a smaller scale. The work is done and the parts are paid for, then the fleet operator or insurer pays later.

What lenders look at

• How much rides on one customer. Many suppliers sell mostly to one or two large buyers. Lenders may set a limit on how much they will lend against a single customer, so expect questions about that.
• Self-billing. Some large buyers raise the invoice for you. Ask each lender whether it accepts self-billed invoices and what paperwork it needs.
• Proof of delivery. Lenders usually only fund invoices for parts that have been delivered and accepted, so keep signed delivery records.
• Machinery and stock. Larger suppliers with presses, machine tools and stock can look at asset-based lending. IGF says it lends up to 90% of trade debtor value, up to 85% of eligible stock value and up to 75% of plant and machinery value, for businesses with over £5m of turnover (read 14 October 2026).

Lenders to compare

These lenders publish some of their terms. None of them says on its own site that it specialises in automotive, so this is a starting list, not a ranking.

Figures as published on each lender's own website, checked 14 October 2026. None of these lenders publishes its fees.

Credit hire, accident management and bodyshop invoices are a different case, because they are often paid by insurers after a claim is settled. Accident Credit Group says on its own site that it funds credit hire and accident management companies and bodyshops (read 14 October 2026).