Quba Solutions Review
Quba Solutions is an independent invoice finance provider offering facilities from £50,000. They provide factoring and invoice discounting to UK SMEs with a focus on flexibility and speed. As a smaller independent, they can offer more personalised service and quicker turnaround than larger bank-owned providers.
Quba Solutions is an independent UK invoice finance provider offering factoring and discounting from £50,000, with advance rates around 85% and service charges from 0.45%.
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Summary
Quba Solutions is a bank-independent invoice finance provider offering factoring and discounting from £50,000. Advance rates run to about 85% with service charges from 0.45% and discount charges at base rate plus 3.5%. As a smaller independent, it offers more personalised service and quicker turnaround than larger bank-owned providers.
This page covers
Quba Solutions invoice finance products, minimum facility, advance rate and pricing
Not covered here
General invoice finance education (see /guides/), sector pages (see /industries/), the full provider directory (see /providers/)
Key Facts
When Quba Solutions Fits
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Manufacturing or distribution businesses with £300k-£3m turnover needing flexible facilities
Quba's £50k minimum suits smaller manufacturers and distributors who may not meet the £100k+ thresholds at banks. Their independent structure allows sector-specific underwriting without rigid credit scoring.
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Service businesses (recruitment, IT, marketing) seeking confidential invoice discounting with faster approval
As an independent, Quba typically decides facilities in 5-7 days versus 3-4 weeks at Lloyds or Barclays. Smaller clients who want to retain control of collections benefit from their hands-on approach.
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Businesses previously declined by high-street banks due to limited trading history or sector concerns
Quba underwrites on debtor quality and invoice strength rather than strict balance sheet ratios. They'll consider contractors, agencies, and temporary staffing firms that banks often reject.
When to Look Elsewhere
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Turnover below £250k or invoicing under £20k monthly
Better fit: Kriya. Kriya's selective invoice finance works from first invoice without minimum facility requirements, better for micro-businesses.
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International invoice finance or complex multi-currency needs
Better fit: HSBC Invoice Finance. HSBC offers integrated FX and overseas debtor cover across 60+ countries, which independents like Quba don't provide.
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Construction or long-payment-term contracts (90+ days)
Better fit: Bibby Financial Services. Bibby specialises in construction sector facilities with extended credit periods and retention finance, whereas Quba focuses on 30-60 day invoices.
How Quba Solutions Compares
| Provider | Type | Min facility | Fee from | Advance to | Speed |
|---|---|---|---|---|---|
| Ultimate Finance | both | £50k | 0.35% | 90% | 5 days |
| IGF Invoice Finance | both | £25k | 0.5% | 85% | 7 days |
| Time Finance | both | £50k | 0.4% | 85% | 7 days |
| Lloyds Bank Invoice Finance | both | £100k | 0.25% | 90% | 21 days |
vs Ultimate Finance: Ultimate offers faster online decisioning for straightforward cases, while Quba provides more hands-on underwriting for complex sectors.
vs IGF Invoice Finance: IGF has a lower entry threshold and accepts younger businesses (6 months trading), whereas Quba typically requires 12+ months.
vs Time Finance: Time Finance offers asset finance alongside invoice finance for combined funding, while Quba focuses purely on receivables.
vs Lloyds Bank Invoice Finance: Lloyds has lower headline rates but requires larger facilities and existing banking relationship, whereas Quba works standalone from £50k.
Worked Example
A Nottingham-based IT services company with £650k turnover
Setting Up With Quba Solutions
- 1
Initial enquiry and sector assessment
Quba assigns a relationship manager who reviews your debtor ledger and sector. They'll request 3-6 months bank statements, recent management accounts, and your aged debtor report. Expect a phone consultation within 48 hours to discuss fit.
- 2
Credit assessment and proposal
Quba underwrites your top 10-15 debtors individually, checking credit scores and payment histories. They issue a formal proposal within 5-7 working days showing advance rates, fees, and facility limits. This is faster than most bank-owned providers who take 3+ weeks.
- 3
Legal documentation and onboarding
Once accepted, Quba's solicitors draft a facility agreement (typically 7-10 days). You'll complete debtor notification letters if using factoring, or maintain confidentiality for discounting. First funds usually arrive within 48 hours of contract signature.
FAQs
What's the realistic advance rate Quba offers for service businesses?
Quba typically advances 80-85% on approved invoices for service sectors like recruitment, marketing, and IT. The exact rate depends on debtor concentration (if your top 5 clients represent over 60% of turnover, expect lower advances) and payment histories. Manufacturing and distribution can see 85-90% where stock or retention isn't involved.
Does Quba offer invoice discounting without taking control of my ledger?
Yes, Quba provides confidential invoice discounting where you retain full sales ledger control and your clients never know a funder is involved. You continue chasing payments as normal. This suits businesses with established credit control who want cash flow support without the factoring stigma. Expect slightly higher fees (typically 0.1-0.15% more) than factoring due to the additional risk.
How does Quba handle businesses with seasonal invoicing patterns?
Quba structures facilities with flexible drawings, so you only pay service charges on invoices you actually fund. If you invoice £80k in December but £20k in February, February's fees drop proportionally. There's no penalty for low utilisation months, unlike some banks that charge minimum monthly fees regardless of usage. Discount charges only apply to outstanding advances.
Can I use Quba if I've had County Court Judgements or previous financial difficulties?
Quba assesses directors' credit histories but focuses primarily on debtor quality rather than your past. A satisfied CCJ over 12 months old typically won't disqualify you if your current debtors are creditworthy. Active CCJs, insolvency within 6 years, or ongoing HMRC disputes usually mean decline. They're more pragmatic than high-street banks but not a bad credit specialist.
Our Verdict
Quba Solutions is a capable independent provider for SMEs needing invoice finance from £50k. The personal approach and flexible facility structuring make them a viable alternative to more rigid bank providers. Worth considering alongside other independents to compare rates and service levels.
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: 8 April 2026