eCapital vs IGF (Independent Growth Finance): UK Invoice Finance Comparison 2026
See how eCapital 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. eCapital 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. eCapital does not publish a minimum turnover figure, IGF (Independent Growth Finance) needs £5m minimum turnover.
Side-by-side
Full reviews: eCapital · IGF (Independent Growth Finance)
| Compared on | eCapital | IGF (Independent Growth Finance) |
|---|---|---|
| Product type | Invoice finance (factoring, CID, selective) | Invoice finance (ABL, CID), asset-based lending |
| Min turnover | Not published | £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 | Not stated |
| Factoring available? | Yes | No |
| Setup speed | Not published | Not published |
Sources for these figures: eCapital UK: invoice discounting, advance up to 90%, cash within 24 hours · eCapital UK: products and funding lines; industries listed include manufacturing, recruitment, wholesale and transport; UK, United States and Canada sites · eCapital UK: invoice finance ("eCapital handles your sales ledger and collections"), invoice discounting and selective invoice finance · 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 eCapital wins
- Offers invoice finance where it runs your sales ledger and collections, confidential invoice discounting and selective invoice finance.
- Part of the eCapital group, which also lends in the United States and Canada.
- Lists manufacturing, recruitment, wholesale and transport among the industries it funds.
Best for
Recruitment and transport ledgers, SMEs wanting factoring, discounting or selective funding from one 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
eCapital 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 (eCapital: minimum turnover not published; IGF (Independent Growth Finance): £5m minimum turnover), and the most they advance (eCapital: up to 90%; IGF (Independent Growth Finance): up to 90% (receivables); stock up to 85%, plant up to 75%), and factoring (eCapital offers it, IGF (Independent Growth Finance) does not). Start with the one whose published terms fit your business, then compare a quote from each.
How do eCapital 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 eCapital or IGF (Independent Growth Finance)?
eCapital offers confidential invoice discounting (your customers are not notified). IGF (Independent Growth Finance)'s own invoice finance page does not say whether the facility is confidential, so ask when you get a quote.
Who is each one not suited to?
IGF (Independent Growth Finance) is a poor fit for businesses under £5m turnover. If that describes your business, you can get free quotes through our quote form.
Can Market Invoice help me choose between eCapital 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 we pass your details to one or more of the finance partners we work with, who come back to you with quotes, with no obligation to proceed.
Related
- Full eCapital review
- Full IGF (Independent Growth Finance) review
- eCapital alternatives
- IGF alternatives
- Close Brothers Invoice Finance vs Ultimate Finance
- Aldermore Invoice Finance vs Close Brothers Invoice Finance
- Allianz Trade vs Close Brothers Invoice Finance
- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
Sources
- Figures for eCapital come from its own website.
- Figures for IGF (Independent Growth Finance) come from its own website.
- eCapital UK: invoice discounting, advance up to 90%, cash within 24 hours
- eCapital UK: products and funding lines; industries listed include manufacturing, recruitment, wholesale and transport; UK, United States and Canada sites
- eCapital UK: invoice finance ("eCapital handles your sales ledger and collections"), invoice discounting and selective invoice finance
- 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 free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. We pass your details to one or more of the finance partners we work with, who come back to you with quotes. Free, and no obligation to proceed.
Get my quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
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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. We may be paid by the finance partners we introduce you to. This could be a fee or commission, depending on the partner and the finance arranged. It does not change what you pay. 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.