Ultimate Finance Review
Ultimate Finance offers invoice factoring and discounting from 0.8% service charge with advance rates up to 95% — the highest in the UK market. With setup in as little as 3 working days and a minimum turnover of just £50,000, they are one of the most accessible and fast-moving providers available.
Key Facts
Pros and Cons
Strengths
- Highest advance rate in market (95%)
- Fastest setup (3 working days)
- Low minimum turnover (£50k)
- Accepts startups and businesses with poor credit
- Flexible contracts
Limitations
- Higher starting rate than Close Brothers or Skipton
- Smaller provider — less well-known brand
- Limited international/export capability
Who Is Ultimate Finance Best For?
Ultimate Finance is ideal for businesses that need the maximum amount of cash from each invoice (95% advance rate) or need fast setup. They are also a strong choice for startups, turnaround situations, and businesses that have been declined by banks.
If you prioritise the lowest cost over speed and flexibility, Close Brothers or Skipton may offer lower rates.
Our Verdict
Ultimate Finance stands out for speed and flexibility. The 95% advance rate is genuinely market-leading, and 3-day setup is hard to beat. They are slightly more expensive than bank-owned providers but make up for it with accessibility and willingness to take on harder cases.