What this page covers
This page covers
Invoice finance for Derby businesses, issues for suppliers to large manufacturers, and lenders' published terms
Not covered here
Provider reviews (see /providers/), industry-specific guides (see /industries/), cost calculator (see /calculator/), broker vs direct (see /why-use-a-broker/)
Lenders to compare
These lenders publish some of their terms on their own websites. It is a starting list, not a ranking, and none of them is chosen because of a Derby office.
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Skipton Business Finance | None published | Up to 90% | skiptonbusinessfinance.co.uk |
| Lloyds Bank Commercial Finance | £100k | Up to 90% | lloydsbank.com |
| Close Brothers Invoice Finance | £750k | Up to 90% | closeinvoice.co.uk |
| Bibby Financial Services | None published | Up to 85% | bibbyfinancialservices.com |
| Ultimate Finance | None published | Up to 95% | ultimatefinance.co.uk |
| IGF (Independent Growth Finance) | £5m | Up to 90% (receivables); stock up to 85%, plant up to 75% | igfgroup.com |
Figures as published on each lender's own website, checked 14 October 2026. None of these lenders publishes its fees.
Supplying a big manufacturer
If your business supplies a large engineering, rail or car maker, lenders will usually ask about two things.
- One customer. If most of your invoices go to one buyer, a lender may cap how much it lends against that buyer.
- Long jobs and milestone billing. Invoice finance funds invoices for work that is done. If you bill at milestones on long contracts, ask each lender how it treats milestone invoices before you apply.
Larger firms with stock and machinery can also look at asset-based lending. IGF, in the table above, lends against stock and machinery as well as invoices for businesses over its minimum turnover. Our manufacturing and engineering pages cover this in more detail.
What it costs
Lenders charge the same way in Derby as anywhere else in the UK: usually a service charge plus a discount charge on the money you draw. Most don't publish their fees, so you need a quote. Our invoice finance costs guide explains both charges, and the cost calculator gives a rough estimate.
Sectors that often use invoice finance
- Manufacturing and engineering suppliers
- Automotive parts suppliers
- Logistics and distribution
- Construction subcontractors
- Professional services
You can apply to a lender direct or compare through us. Our broker vs direct comparison explains the difference.
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.
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