Close Brothers Invoice Finance Review
Market Invoice is an independent UK invoice finance comparison site. Its directory lists 83 UK invoice finance providers, and Close Brothers is one of the 27 it compares on full published terms.
Close Brothers Invoice Finance offers factoring and invoice discounting to UK businesses with a turnover of at least £750,000 a year. It pays up to 90% of each invoice up front. It does not publish its fees: each agreement is priced on its own, so you can only compare it on a written quote.
What this page covers
This page covers
Close Brothers invoice finance products, minimum turnover, advance rate, pricing, ownership, and lenders to compare it with
Not covered here
General invoice finance education (see /guides/), individual sector pages (see /industries/), full provider directory (see /providers/)
Key Facts
Products available
| Product | Min turnover | Advance rate | Who collects from customers |
|---|---|---|---|
| Invoice factoring | £750k | Up to 90% | Close Brothers |
| Invoice discounting | £750k | Up to 90% | You |
Source: Close Brothers Invoice Finance factoring page, re-read 14 Oct 2026, and its discounting and fees pages listed under Sources below.
Close Brothers vs other lenders
Close Brothers alongside other lenders, with each lender's figures as published on its own website.
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Close Brothers Invoice Finance | £750k | Up to 90% | closeinvoice.co.uk |
| Skipton Business Finance | None published | Up to 90% | skiptonbusinessfinance.co.uk |
| Aldermore Invoice Finance | £750k | Up to 90% | aldermore.co.uk |
| Bibby Financial Services | None published | Up to 85% | bibbyfinancialservices.com |
| Ultimate Finance | None published | Up to 95% | ultimatefinance.co.uk |
Figures as published on each lender's own website, checked 14 October 2026. None of these lenders publishes its fees.
Good points and limits
Good points
- Publishes its minimum turnover and advance rate
- Offers both factoring and invoice discounting
- Part of a long-established banking group
Limits
- £750k minimum turnover for both factoring and discounting
- No published pricing: each agreement is priced on its own, so it can only be compared on a quote
Who is Close Brothers best for?
Close Brothers suits a UK business turning over £750,000 or more that wants factoring or invoice discounting from a lender that is part of a banking group. It prices each agreement on its own, so get its quote alongside others.
If you turn over less than £750,000, look at Skipton Business Finance (no published minimum) or Hydr, which publishes no minimum. Aldermore publishes the same £750,000 minimum.
Our verdict
Close Brothers is a sensible lender to ask for a quote if your turnover is above £750,000. It is clear about who it lends to and how much it advances, but not about price, so compare its written offer with at least one other lender before you sign.
Official site: Close Brothers Invoice Finance
Sources
- Close Brothers Invoice Finance: invoice factoring (minimum turnover £750k a year, up to 90%, funds released the same day you raise an invoice)
- Close Brothers Invoice Finance: confidential invoice discounting (minimum turnover £750k a year, up to 90%)
- Close Brothers Invoice Finance: our fees (all agreements individually priced; no rate published)
- Close Brothers Group: about us (history since 1878)
- FCA Register (search FRN 124750): Close Brothers Limited, authorised, checked 14 Oct 2026
- Companies House record (00935949)
- FCA register entry (FRN 124750)
Close Brothers Invoice Finance does not publish a service charge: each facility is priced individually, so you need a quote. Any other figure without a link above comes from Market Invoice's own provider records.
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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