Team Factors Review

Team Factors is an independent invoice finance provider based in Hertfordshire with over £600 million in invoices financed. They specialise in recruitment and healthcare sectors and advance up to 90% of approved invoice values. The acquisition of Apollo Business Finance has expanded their capability and client base, making them one of the stronger independents in the market.

Team Factors is a Hertfordshire-based independent with over £600 million in invoices financed, specialising in recruitment and healthcare and advancing up to 90%. More detail + scope

Summary

Team Factors is an independent invoice finance provider based in Hertfordshire with over £600 million in invoices financed. It specialises in the recruitment and healthcare sectors and advances up to 90% of approved invoice values. Its acquisition of Apollo Business Finance has expanded its capability and client base, making it one of the stronger independents in the market.

This page covers

Team Factors invoice finance, advance rate, volume financed, sector specialisms and Apollo acquisition

Not covered here

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

Key Facts

Advance rateUp to 90%
Invoices financed£600m+
LocationHertfordshire
SpecialismsRecruitment, healthcare
IncludesApollo BF

Pros and Cons

Strengths

  • Specialist recruitment and healthcare expertise
  • Independent with fast, flexible decision-making
  • Expanded capability via Apollo acquisition
  • Up to 90% advance rate
  • Personal service with direct senior access

Limitations

  • Smaller provider with limited national presence
  • Best suited to recruitment and healthcare clients
  • Not ideal for very large or complex ABL facilities

Our Verdict

Team Factors is an excellent choice for recruitment agencies and healthcare businesses that want a specialist independent provider with genuine sector knowledge. The Apollo acquisition has strengthened their offering, and the up to 90% advance rate is competitive. Businesses outside recruitment and healthcare will still receive a good service, but the real value is in their sector expertise.

AP

Adam Parker

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: 12 June 2026

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Team Factors FAQ

What sectors does Team Factors specialise in?

Team Factors has particular expertise in recruitment and healthcare invoice finance. They understand the specific cash flow patterns, compliance requirements, and debtor profiles in these sectors, which means faster decisions and better advance rates for qualifying businesses.

What happened to Apollo Business Finance?

Apollo Business Finance was acquired by Team Factors and integrated into their operations. Former Apollo clients are now served by Team Factors' expanded team, with access to a broader range of services and stronger capitalisation.

What advance rate does Team Factors offer?

Team Factors advances up to 90% of approved invoice values. The exact rate depends on your sector, debtor quality, and facility size. Recruitment and healthcare clients may achieve higher rates due to the predictable nature of their debtors.