Exit Cost Calculator
This calculator estimates the cost of leaving early as the minimum monthly fee for whichever is longer, the notice period you still have to serve or the minimum term left on the contract, plus any fixed exit fee. On the default example, a £750 minimum fee, a 3-month notice period, no minimum term outstanding beyond that, and a £500 fixed exit fee comes to £2,750 to leave today. Enter your own figures below.
This calculator estimates the exit cost of leaving a UK invoice finance facility early as the minimum monthly fee multiplied by the longer of the remaining notice period or the remaining minimum contract term, plus any fixed exit or administration fee. How your own agreement works it out may differ, so check it. More detail and scope
This page covers:
UK invoice finance exit cost calculation: notice period fees, minimum term charges, fixed exit or administration fees, and how they may combine.
Not covered here:
the non-cost feasibility of switching provider, including security release and timing (see /tools/switching-feasibility-checker/), and comparing ongoing fees between providers (see /tools/fee-comparison-template/)
Calculator
Estimated cost to exit today
£2,750.00
3 months (the longer of notice and minimum term) at £750.00 = £2,250.00, plus a £500.00 fixed exit fee.
Worked example: change the figures to your own. Assumes notice and minimum term are not both charged in full, the common structure; confirm the actual termination clause in your agreement, since some differ.
| Component | Value |
|---|---|
| Months charged (longer of notice and minimum term) | 3 |
| Minimum monthly fee | £750.00 |
| Months cost (3 x £750.00) | £2,250.00 |
| Fixed exit / administration fee | £500.00 |
| Total estimated exit cost | £2,750.00 |
Source: Market Invoice exit cost model
Illustrative. Confirm the actual termination clause in your own facility agreement.
View as plain-text Markdown
### Worked example: £750 minimum fee, 3 months notice, £500 exit fee | Component | Value | | --- | --- | | Months charged (longer of notice and minimum term) | 3 | | Minimum monthly fee | £750.00 | | Months cost (3 x £750.00) | £2,250.00 | | Fixed exit / administration fee | £500.00 | | Total estimated exit cost | £2,750.00 | Source: Market Invoice exit cost model Illustrative. Confirm the actual termination clause in your own facility agreement.
“Directors often compare a new provider's rate against their current one and conclude switching saves money, without ever pricing what leaving actually costs. I have seen the exit charge wipe out more than a year of the saving. Ask the current provider for a written redemption figure, today's date, before you sign anything with a new funder. A verbal estimate from months ago is not the number you will actually be charged.”
What can make up the figure
Check your agreement. This calculator charges the minimum monthly fee for whichever is longer, the notice period you have to serve or the minimum term still outstanding, and adds any fixed exit or administration fee. Your agreement may work differently. The published conditions of Aldermore, Novuna and Lloyds work out an early termination charge from your recent average monthly charges for each month you leave early (read 3 Nov 2026), which may differ from a minimum fee.
To see how Aldermore, Barclays and Zodeq's published terms would price the same exit from your own charges, use our guide to invoice finance early termination fees.
Cost is only half the picture
Even once you know the cost, whether the outgoing provider holds a charge over your receivables that needs releasing or ranking often sets the real timetable for a switch, sometimes more than the cost does. See our switching feasibility checker for that side of leaving a facility, and our fee comparison template for weighing a new provider's terms against what you're currently paying.
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam was managing director of Penny, a UK invoice finance business, from July 2020 to November 2023. His career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library. Career record.
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