Close Brothers Invoice Finance vs Touch Financial: UK Invoice Finance Comparison 2026
Both operate in UK independent invoice finance, outside the high street banks. They differ on sector focus, headline pricing and the minimum turnover they will consider. Close Brothers Invoice Finance advances up to 90% with setup typically in 5 working days; Touch Financial advances up to 90% (funder dependent) with setup in 3 to 10 working days. Close Brothers Invoice Finance needs £500k minimum turnover, Touch Financial sets minimum turnover per funder. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
| Close Brothers Invoice Finance | Touch Financial | |
|---|---|---|
| Product type | Invoice finance (CID, factoring, ABL) | Invoice finance broker (whole-of-market) |
| Min turnover | £500k | Varies by funder |
| Advance rate | Up to 90% | Up to 90% (funder dependent) |
| Typical fee | From 0.5% service charge | Funder rates; no broker fee to client |
| Contract / commitment | Whole-ledger or selective | Whole-ledger or selective |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 5 working days | 3 to 10 working days |
| Best for | £500k+ turnover Ltd companies; Confidential discounting use cases; Cost-sensitive established trading businesses | SMEs wanting one application sent to several funders; Businesses unsure which lender fits; Comparison-led buyers |
| Last reviewed | 2026-05-12 | 2026-05-27 |
When Close Brothers Invoice Finance wins
- 0.5% headline service charge, market-leading.
- Merchant banking heritage; FCA regulated under Close Brothers Group plc.
- Strong on confidential invoice discounting (no customer notification).
- Published criteria, low headline-to-offered rate gap.
Best for
£500k+ turnover Ltd companies, Confidential discounting use cases, Cost-sensitive established trading businesses.
Watch outs
- £500k+ minimum turnover excludes earlier-stage businesses.
- Setup 5 days, fine but no faster than mid-tier competitors.
- Less aggressive on construction-stage payments than the sector specialists.
When Touch Financial wins
- Whole-of-market brokering across a panel of UK invoice finance lenders.
- No fee charged to the client; commission paid by the funder.
- Single application routed to multiple providers for comparison.
- Handles factoring, confidential discounting and selective facilities.
Best for
SMEs wanting one application sent to several funders, Businesses unsure which lender fits, Comparison-led buyers.
Watch outs
- A broker, not a lender, so it does not set rates or underwrite directly.
- Final terms and speed depend entirely on the chosen funder.
- Panel may not include every UK provider.
FAQ
Close Brothers Invoice Finance or Touch Financial: which is the better fit for UK invoice finance in 2026?
Close Brothers Invoice Finance is the stronger fit for £500k+ turnover Ltd companies (£500k minimum turnover, setup 5 working days); Touch Financial fits SMEs wanting one application sent to several funders better (minimum turnover set per funder, setup 3 to 10 working days). The "when X wins" sections above break this down by profile.
What are the headline commercials, Close Brothers Invoice Finance vs Touch Financial?
Close Brothers Invoice Finance advances up to 90% at from 0.5% service charge. Touch Financial advances up to 90% (funder dependent) at funder rates; no broker fee to client. Close Brothers Invoice Finance needs £500k minimum turnover, Touch Financial sets minimum turnover per funder. Setup runs 5 working days for Close Brothers Invoice Finance and 3 to 10 working days for Touch Financial. Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Close Brothers Invoice Finance or Touch Financial?
Close Brothers Invoice Finance offers confidential invoice discounting (your customers are not notified). Touch Financial offers confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Close Brothers Invoice Finance is the wrong fit for sub-£500k turnover. Touch Financial is the wrong fit for businesses wanting a direct lender relationship. If either describes your business, browse the side-by-side or get matched against the wider UK panel via our quote form.
Can Market Invoice help me choose between Close Brothers Invoice Finance and Touch Financial?
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 we will match you against UK invoice finance providers likely to approve, with no obligation to proceed.
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Get quotes →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 MarketFinance / Kriya or to any provider named on this page. If you take out a facility after we introduce you to a lender or broker, we may be paid a commission or referral fee by that party; 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 and commonly negotiated above ~£1m ledger, so confirm terms directly with the provider before you sign.
Reviewed by Oliver Mackman, Director, Best Business Loans Ltd. Last reviewed: 2026-05-27. Editorial by Best Business Loans Ltd (16833937).
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