Cynergy Bank Review

Cynergy Bank is a UK specialist challenger bank with relationship-banking focus on entrepreneurs, family businesses, and SMBs in healthcare, hospitality, professional services, and real estate sectors. FCA + PRA dual regulated, multi-product consolidated banking (invoice finance + asset finance + working capital + FX). Sweet spot: established multi-site groups wanting one banking relationship across products.

Cynergy Bank is a UK specialist challenger bank offering invoice finance from £500,000 turnover with service charges from 0.5%. It is FCA and PRA dual regulated with a focus on healthcare, hospitality, professional services and real estate.

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Summary

Cynergy Bank is a UK specialist challenger bank with a relationship-banking focus on entrepreneurs, family businesses and SMBs. It is FCA and PRA dual regulated and offers consolidated banking across invoice finance, asset finance, working capital and FX. Invoice finance starts from £500,000 turnover with service charges from 0.5%. The sweet spot is established multi-site groups wanting one banking relationship.

This page covers

Cynergy Bank invoice finance minimum turnover, pricing, regulation and sector focus

Not covered here

General invoice finance education (see /guides/), sector pages (see /industries/), the full provider directory (see /providers/)

Key Facts

TypeUK Challenger Bank
RegulationFCA + PRA dual
Min turnover£500,000
Service chargeFrom 0.5%
Sector focusHealthcare, hospitality, professional

When Cynergy Wins

When to Look Elsewhere

OM

Oliver Mackman

Director, Market Invoice

Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.

Last reviewed: 11 May 2026

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Cynergy Bank FAQ

What is Cynergy Bank?

Cynergy Bank is a UK specialist challenger bank, headquartered in London, with focus on entrepreneurs, family businesses, and SMBs in specific sectors: healthcare (care homes, dental, GP practices), hospitality (hotel groups, boutique restaurants, gastropubs), real estate, professional services, and entrepreneur-led businesses. FCA + PRA dual regulated.

What products does Cynergy offer?

Commercial mortgages, invoice finance, asset finance, commercial term loans, working capital lines, FX. The single-relationship banking model wraps multiple products around the same customer, which suits established businesses that want consolidated finance rather than running three or four separate provider relationships.

What's Cynergy's typical minimum turnover for invoice finance?

£500,000+ annual turnover is the standard floor, in line with UK clearing bank tier. Sub-£500k applicants typically route via Aldermore (£250k confidential), Skipton (£100k), or independent specialists (Bibby £50k).

What sectors does Cynergy underwrite cleanly?

Healthcare (care homes, dental practices, GP partnerships, aesthetic clinics), hospitality (hotel groups, boutique restaurant groups, gastropub estates), real estate (commercial property investment, development finance), professional services (legal LLPs, accountancy practices, consulting), entrepreneur-led businesses across sectors.

What's Cynergy's pricing?

Negotiated, in line with UK challenger / clearing bank tier. Service charge 0.5% to 1.0% for invoice finance on clean files. Discount charge at Bank of England base rate plus 1.5% to 3.0%. Pricing competitive with Aldermore, Allica, and the larger UK challengers; the differentiator is the consolidated multi-product relationship rather than per-product price.

How does Cynergy compare to Aldermore on healthcare and hospitality?

Both are UK challenger banks with healthcare and hospitality sector teams. Aldermore is larger and more product-broad; Cynergy is more relationship-led with longer multi-product relationships per customer. For established multi-site groups wanting consolidated banking, Cynergy competes effectively. For single-product invoice finance need at the lowest cost, Aldermore or Close Brothers usually win on rate.