Select Invoice Finance Review
Select Invoice Finance is a UK independent invoice finance provider offering whole-turnover factoring and confidential invoice discounting to SMEs from around £100,000 turnover. Sits in the mid-tier between the major independents (Bibby, Close Brothers) and the fintech specialists (Hydr, Triver, Kriya). Less well-known than the larger names but a sensible option for established SMEs that fall just outside the major banks' £250k to £500k turnover thresholds. MarketInvoice compares Select against the 84 other UK invoice finance providers and quotes you three best-fit options within 24 hours.
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.
Last reviewed: 15 July 2026
Where Select Invoice Finance sits in the UK market
- Turnover entry point: typically £100,000 upwards. Sits below Aldermore (£750k) and the clearing banks (£500k+) but above the day-one fintech options.
- Products: whole-turnover factoring and confidential invoice discounting. Some selective options on a case-by-case basis.
- Style: independent, personalised service. Smaller team than Bibby or Close Brothers, so applications often handled by named underwriters rather than a call centre.
- Speed: typically 3 to 7 working days for setup, in line with mid-tier independents.
- Cluster: mid-tier independent. Compete with Optimum Finance, Sallyport, and the smaller independents.
When Select Invoice Finance fits
- You sit just over the £100k turnover bar and want a mid-tier independent rather than a clearing bank.
- You want a more personal service than Bibby or Close Brothers can offer at their scale.
- You have been declined by a clearing bank on turnover or risk appetite grounds and want a mid-tier alternative.
- You want whole-turnover factoring or confidential discounting (not selective single-invoice fintech).
When other providers fit better
- Below £100k turnover: look at Hydr, Ultimate Finance, or IGF.
- Need a £25m+ facility: the major independents (Bibby, Close Brothers) or a clearing bank (Lloyds, HSBC) carry larger facilities than mid-tier independents.
- Selective / single-invoice only: Triver, Hydr or Penny Freedom.
- Sector-specialist needs (construction, recruitment): Bibby Construction Finance, Close Brothers Construction, Sonovate (recruitment), Quba Solutions (recruitment).
Compare Select Invoice Finance against the UK panel
MarketInvoice covers all 85 active UK invoice finance providers including Select. Three best-fit quotes within 24 hours, no fee. If Select is the right fit we will tell you so and route you direct; if a different provider is a better match we will quote them too.
Select Invoice Finance FAQ
What is Select Invoice Finance's minimum turnover?
Select Invoice Finance typically quotes from around £100,000 turnover. That sits below the clearing banks at £500k+ and well below Aldermore at £750k, but above the day-one fintech options. If you are below £100k, providers such as Hydr, Ultimate Finance or IGF on the MarketInvoice panel may fit better.
What products does Select Invoice Finance offer?
Select offers whole-turnover factoring and confidential invoice discounting, with some selective options on a case-by-case basis. It does not focus on selective single-invoice fintech funding; for that, providers like Triver, Hydr or Penny Freedom are a closer match.
How does Select compare with Bibby or Close Brothers?
Select is a mid-tier independent with a smaller team, so applications are often handled by named underwriters rather than a call centre, giving a more personal service. Bibby and Close Brothers operate at larger scale and carry bigger facilities, including £25m+. Select competes most directly with Optimum Finance and Sallyport.
How quickly can Select Invoice Finance set up a facility?
Setup typically takes 3 to 7 working days, in line with mid-tier independents. MarketInvoice can compare Select against the other UK invoice finance providers and return three best-fit quotes within 24 hours, with no fee, so you can weigh speed against cost before committing.
Compare Select against the full UK panel
Three quotes within 24 hours, no fee, named UK contact.
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How we make money: Market Invoice is an independent comparison service, not a lender. If you take a facility after we introduce you, the provider pays us a commission; you never pay us and it is never added to your costs. How we are funded.