BoE Base Rate: 4.50% (since 6 February 2025)
The UK's invoice finance marketplace

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The best invoice finance providers in the UK for 2026 are Close Brothers (from 0.5%), Aldermore (from 0.7%), and Bibby Financial Services (from 0.75%), based on our comparison of rates across 85 providers.

Release up to 95% of your invoice value within 24 hours. Compare, choose, get funded.

85
Providers
£22.7bn
UK market
40,000+
Businesses
24hrs
Funding speed
Independent comparison 85 providers 26 industry guides Free, no obligation Updated April 2026

Best Invoice Finance Providers UK 2026

Updated April 2026. Rates shown are starting rates and may vary based on your turnover, industry, and debtor profile.

Close Brothers 4.8 ★
Fee from
0.5%
Advance
Up to 90%
Min turnover
£50k
Setup
5 days
Get Quote →
Aldermore 4.6 ★
Fee from
0.7%
Advance
Up to 90%
Min turnover
£250k
Setup
7 days
Get Quote →
Fee from
0.75%
Advance
Up to 90%
Min turnover
£50k
Setup
5 days
Get Quote →
Fee from
0.8%
Advance
Up to 95%
Min turnover
£50k
Setup
3 days
Get Quote →
Fee from
0.5%
Advance
Up to 90%
Min turnover
£100k
Setup
7 days
Get Quote →
Fee from
1.0%
Advance
Up to 85%
Min turnover
£50k
Setup
5 days
Get Quote →
Fee from
0.7%
Advance
Up to 90%
Min turnover
£100k
Setup
7 days
Get Quote →
Fee from
0.6%
Advance
Up to 90%
Min turnover
£250k
Setup
10 days
Get Quote →

Trusted comparison data used by

UK Finance ABFA Business Money FundInvoice BCR Publishing The Gazette
47 providers compared Updated April 2026 Independent editorial

How Invoice Finance Works

1

You Raise an Invoice

Send your invoice to your customer as normal. Submit a copy to your finance provider.

2

Get Up to 95% Advanced

Within 24 hours, the provider advances 70-95% of the invoice value directly to your bank account.

3

Customer Pays, You Get the Rest

When your customer pays the invoice, the remaining balance (minus fees) is released to you.

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Invoice Finance Guides

Invoice Finance Cost Calculator

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Frequently Asked Questions

How much does invoice finance cost?

Invoice finance typically costs 0.5-3% of each invoice value as a service charge, plus a discount charge of 1-3% above base rate on the amount advanced. On a £100,000 invoice, expect to pay £500-£5,000 depending on your turnover, industry, and debtor quality.

What is the difference between factoring and invoice discounting?

With invoice factoring, the finance provider manages your credit control and collects payment from your customers directly. With invoice discounting, you retain control of credit management and your customers may not know you use finance. Discounting is typically available to larger businesses with turnover above £500,000.

How quickly can I get invoice finance?

Most providers can set up a new facility within 3-10 working days. Once set up, individual invoices are typically funded within 24 hours of being submitted. Some providers offer same-day setup for straightforward applications.

What turnover do I need for invoice finance?

Most UK invoice finance providers require a minimum annual turnover of £50,000-£100,000. Some specialist providers work with businesses from £10,000 turnover, while confidential invoice discounting usually requires £500,000+ turnover.

Will my customers know I use invoice finance?

With invoice discounting, your customers typically won't know. With invoice factoring, the finance provider contacts your customers directly to collect payment, so they will be aware. Confidential invoice discounting keeps the arrangement completely private.

Can I use invoice finance with bad credit?

Yes. Invoice finance is secured against your invoices and your customers' ability to pay, not your own credit history. Many providers specialise in businesses with poor credit, CCJs, or those in turnaround situations. The key factor is the creditworthiness of your customers.

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