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.

Where Select Invoice Finance sits in the UK market

• Turnover entry point: typically £100,000 upwards. Sits below Aldermore (£250k) 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