Invoice Finance for Equipment Hire Companies UK

A hire company has already paid for its plant, tools or kit, and then waits for customers to pay their hire invoices. Invoice finance lets you draw most of each hire invoice once it is raised, rather than waiting for the customer. The customer pays as normal and the lender keeps a fee. Larger hire firms can also borrow against the hire fleet itself. Market Invoice compares UK providers, and you can get 3 free quotes through our introduction partner, a UK invoice finance provider.

What makes hire invoices different

• Long hires. If you only invoice when kit comes back, a long hire means a long wait before there is anything to fund. Invoicing in stages (monthly, for example) gives the lender an invoice to fund sooner.
• Extra charges. Damage, late return and fuel charges added after the hire are more likely to be disputed. Lenders may not fund them until the customer has agreed them.
• Building firms as customers. If most of your hire goes to one or two contractors, lenders may limit how much they lend against those accounts.
• The fleet itself. Asset-based lending can add your equipment to the borrowing. IGF, for example, says it lends up to 75% of the value of plant and machinery and up to 90% of trade debtor 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 equipment hire, so treat this as 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.

Fees are quoted per facility. Our guide to asset-based lending explains how lending against equipment and invoices together works.