NatWest Invoice Finance Review
NatWest Invoice Finance offers factoring and discounting with advance rates up to 90%, for businesses with annual turnover from £250,000. Part of NatWest Group (formerly Royal Bank of Scotland), they provide invoice finance as part of a broader commercial banking relationship including overdrafts, loans, and asset finance.
Key Facts
Service charge fromNegotiated
Advance rateUp to 90%
Setup speed10-14 days
Min turnover£250,000
Our rating3.9/5
TypeHigh street bank
Pros and Cons
Strengths
- Full range: factoring + discounting
- Lower minimum than Lloyds/HSBC (£250k)
- Combined with full commercial banking suite
- Good technology and online portal
Limitations
- Still requires £250k minimum
- Slower setup than independents
- Large bank processes can be rigid
Our Verdict
NatWest sits between the specialist independents and the other big banks. Their £250k minimum is more accessible than Lloyds/HSBC/Barclays (all £500k), and they retain both factoring and discounting. For existing NatWest business customers, it is a convenient option. For others, specialist providers offer better value and faster service.