Close Brothers Invoice Finance vs IGF (Independent Growth Finance): UK Invoice Finance Comparison 2026
See how Close Brothers Invoice Finance compares to IGF (Independent Growth Finance) side by side, then get three tailored quotes to weigh alongside them. Free, no obligation, and nothing to pay if you decide not to proceed.
Start here: what fits your business?
Both are UK invoice finance providers outside the high street banks. Close Brothers Invoice Finance advances up to 90%, setup time not published; IGF (Independent Growth Finance) advances up to 90% (receivables); stock up to 85%, plant up to 75%, setup time not published. Close Brothers Invoice Finance needs £750k minimum turnover, IGF (Independent Growth Finance) needs £5m minimum turnover.
Side-by-side
Full reviews: Close Brothers Invoice Finance · IGF (Independent Growth Finance)
| Compared on | Close Brothers Invoice Finance | IGF (Independent Growth Finance) |
|---|---|---|
| Product type | Invoice finance (CID, factoring, ABL) | Invoice finance (ABL, CID), asset-based lending |
| Min turnover | £750k | £5m |
| Advance rate | Up to 90% | Up to 90% (receivables); stock up to 85%, plant up to 75% |
| Typical fee | Not published (quoted per facility) | Bespoke pricing |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | Not published | Not published |
Sources for these figures: Close Brothers Invoice Finance: invoice factoring (minimum turnover £750k a year, up to 90%, funds released the same day you raise an invoice) · Close Brothers Invoice Finance: confidential invoice discounting (minimum turnover £750k a year, up to 90%) · Close Brothers Invoice Finance: our fees (all agreements individually priced; no rate published) · Close Brothers Group: about us (history since 1878) · FCA Register (search FRN 124750): Close Brothers Limited, authorised, checked 14 Oct 2026 · IGF: up to 90% of trade debtor value, up to 85% of eligible stock, up to 75% of plant and machinery value, facilities £2m to £25m, over £600m under management (March 2025) · IGF: UK businesses with over £5m annual turnover
When Close Brothers Invoice Finance wins
- Funds can be released the same day you raise an invoice, once the facility is in place.
- Offers confidential invoice discounting, where you keep collecting from your own customers.
- Part of Close Brothers Group; the group bank, Close Brothers Limited, is authorised by the FCA (FRN 124750).
Best for
£750k+ turnover Ltd companies, Confidential discounting use cases, Established trading businesses wanting a bank-backed lender.
When IGF (Independent Growth Finance) wins
- ABL specialist: receivables + stock + plant under one facility.
- Facilities of £2m to £25m, where monoline IF lenders cap out.
Best for
Businesses over £5m turnover needing £2m or more, Complex ABL needs (receivables + stock), Turnarounds and refinancing (igfgroup.com about page).
Watch outs
- Facilities start around £2m, so smaller SMEs are out of scope.
FAQ
Close Brothers Invoice Finance or IGF (Independent Growth Finance): which is the better fit for UK invoice finance in 2026?
On what they publish, they differ on minimum turnover (Close Brothers Invoice Finance: £750k minimum turnover; IGF (Independent Growth Finance): £5m minimum turnover), and the most they advance (Close Brothers Invoice Finance: up to 90%; IGF (Independent Growth Finance): up to 90% (receivables); stock up to 85%, plant up to 75%). Start with the one whose published terms fit your business, then compare a quote from each.
How do Close Brothers Invoice Finance and IGF (Independent Growth Finance) price their facilities?
Neither publishes its pricing; both quote per facility. Get a written quote from each on the same invoices and compare the total cost.
Can I get a confidential facility with either Close Brothers Invoice Finance or IGF (Independent Growth Finance)?
Both Close Brothers Invoice Finance and IGF (Independent Growth Finance) offer confidential invoice discounting (your customers are not notified).
Who is each one not suited to?
Close Brothers Invoice Finance is a poor fit for sub-£750k turnover. IGF (Independent Growth Finance) is a poor fit for businesses under £5m turnover. If that describes your business, you can get 3 free quotes through our quote form.
Can Market Invoice help me choose between Close Brothers Invoice Finance and IGF (Independent Growth Finance)?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and our introduction partner, a UK invoice finance provider, handles your enquiry and comes back to you with quotes, with no obligation to proceed.
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Sources
- Figures for Close Brothers Invoice Finance come from its own website.
- Figures for IGF (Independent Growth Finance) come from its own website.
- Close Brothers Invoice Finance: invoice factoring (minimum turnover £750k a year, up to 90%, funds released the same day you raise an invoice)
- Close Brothers Invoice Finance: confidential invoice discounting (minimum turnover £750k a year, up to 90%)
- Close Brothers Invoice Finance: our fees (all agreements individually priced; no rate published)
- Close Brothers Group: about us (history since 1878)
- FCA Register (search FRN 124750): Close Brothers Limited, authorised, checked 14 Oct 2026
- IGF: up to 90% of trade debtor value, up to 85% of eligible stock, up to 75% of plant and machinery value, facilities £2m to £25m, over £600m under management (March 2025)
- IGF: UK businesses with over £5m annual turnover
Get 3 free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. Our introduction partner, a UK invoice finance provider, handles your enquiry and comes back to you with quotes. Free, and no obligation to proceed.
Get my 3 quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
Compare Close Brothers Invoice Finance and IGF (Independent Growth Finance) quotes
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How we make money: Market Invoice is an independent comparison service, not a lender. Our introduction partner pays us a fixed fee for each business we introduce, whether or not you go ahead; you never pay us and it is never added to your costs. How we are funded.
Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to Kriya, Allica Bank or to any provider named on this page. Our introduction partner pays us a fixed fee for each business we introduce, whether or not a facility follows; this is never added to your costs. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative; larger facilities are commonly priced bespoke, so confirm terms directly with the provider before you sign.