Kriya (Allica Bank) vs Swoop Funding: UK Invoice Finance Comparison 2026
These are different products rather than like-for-like invoice finance rivals: Kriya (Allica Bank) is invoice finance, while Swoop Funding is funding marketplace (loans, grants, invoice finance). UK businesses still weigh them side by side, so the real question is which job you need doing, not which is the better invoice finance line. Kriya (Allica Bank) advances up to 100% per invoice with setup typically in 1 working day; Swoop Funding advances up to 90% (funder dependent) with setup in 3 to 10 working days. Kriya (Allica Bank) has no minimum turnover, Swoop Funding sets minimum turnover per funder. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
Full reviews: Kriya (Allica Bank) · Swoop Funding
| Kriya (Allica Bank) | Swoop Funding | |
|---|---|---|
| Product type | Single-invoice finance, embedded finance | Funding marketplace (loans, grants, invoice finance) |
| Min turnover | No minimum | Varies by funder |
| Advance rate | Up to 100% per invoice | Up to 90% (funder dependent) |
| Typical fee | 1% to 4% per invoice | Funder rates via marketplace matching |
| Contract / commitment | Confidential discounting | Not a direct invoice finance facility |
| Confidential available? | Yes | N/A |
| Factoring available? | No | N/A |
| Setup speed | 1 working day | 3 to 10 working days |
| Best for | Single-invoice selective need; Startup and micro-business; API-driven workflows | Owners comparing funding types; Businesses also exploring grants or equity; Digital-first applicants |
| Last reviewed | 2026-05-12 | 2026-05-27 |
When Kriya (Allica Bank) wins
- Pay-per-invoice model, no whole-book commitment.
- Setup in 1 working day, fastest in market.
- API-first integrations with Xero, QuickBooks, Sage.
- Allica Bank backing post-acquisition Oct 2025.
Best for
Single-invoice selective need, Startup and micro-business, API-driven workflows.
Watch outs
- Cost-per-invoice can exceed whole-ledger facility for high-volume users.
- Not suitable for businesses wanting committed whole-book limit.
- Limited human relationship vs incumbent IF lenders.
When Swoop Funding wins
- Marketplace comparing invoice finance against loans, grants and equity.
- Wide funder panel and digital onboarding.
- Single profile reused across multiple funding types.
- Good for owners weighing several funding options.
Best for
Owners comparing funding types, Businesses also exploring grants or equity, Digital-first applicants.
Watch outs
- A marketplace and broker, not a direct lender.
- Final terms and speed depend on the matched funder.
- Breadth means less invoice-finance depth than a specialist.
FAQ
Kriya (Allica Bank) or Swoop Funding: which is the better fit for UK invoice finance in 2026?
Kriya (Allica Bank) is the stronger fit for single-invoice selective need (no minimum turnover, setup 1 working day); Swoop Funding fits owners comparing funding types 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, Kriya (Allica Bank) vs Swoop Funding?
Kriya (Allica Bank) advances up to 100% per invoice at 1% to 4% per invoice. Swoop Funding advances up to 90% (funder dependent) at funder rates via marketplace matching. Kriya (Allica Bank) has no minimum turnover, Swoop Funding sets minimum turnover per funder. Setup runs 1 working day for Kriya (Allica Bank) and 3 to 10 working days for Swoop Funding. Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Kriya (Allica Bank) or Swoop Funding?
Kriya (Allica Bank) offers confidential invoice discounting (your customers are not notified). Swoop Funding is funding marketplace (loans, grants, invoice finance), not an invoice finance facility, so confidential invoice discounting does not apply.
Where does each one struggle?
Kriya (Allica Bank) is the wrong fit for high-volume whole-ledger users. Swoop Funding is the wrong fit for direct-lender relationship seekers. 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 Kriya (Allica Bank) and Swoop Funding?
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 →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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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.