Alternatives to Bibby Financial Services
The main UK invoice finance alternatives to Bibby Financial Services are Close Brothers Invoice Finance, Ultimate Finance, Aldermore Invoice Finance and IGF (Independent Growth Finance), compared below on product type, minimum turnover, advance rate, typical fee, setup speed and our overall rating.
Pick the alternative that fixes whatever Bibby Financial Services does not do for you: a lower entry point, faster setup, a higher advance or a different product type. More detail + scope
This page covers
UK invoice finance alternatives to Bibby Financial Services, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating
Not covered here
In-depth single-provider reviews (see /providers/), head-to-head comparisons (see /vs/), general invoice finance education (see /guides/)
Bibby Financial Services vs the 4 alternatives
| Compared on | Bibby Financial Services | Close Brothers Invoice Finance | Ultimate Finance | Aldermore Invoice Finance | IGF (Independent Growth Finance) |
|---|---|---|---|---|---|
| Product | Invoice finance (factoring, CID, ABL) | Invoice finance (CID, factoring, ABL) | Invoice finance (factoring, CID), bridging, asset finance | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (ABL, CID), asset-based lending |
| Cluster | independent | independent | independent | independent | independent |
| Min turnover | Not published | £750k | Not published | £750k | £5m |
| Advance rate | Up to 85% | Up to 90% | Up to 95% | Up to 90% | Up to 90% receivables + stock + plant |
| Typical rate | Not published (quoted per facility) | Not published (quoted per facility) | Quoted per facility (not published) | Not published (quoted per facility) | Bespoke pricing |
| Setup speed | 5 working days | 5 working days | Within one week (up to 5 working days) | A few days to a few weeks | 10 working days |
| Rating | 4.4 | 4.5 | 4.3 | 4.2 | 4.1 |
Close Brothers Invoice Finance
5 working days · Up to 90%UK merchant banking heritage, FCA regulated, with a published £750k minimum turnover and advances up to 90%. Each agreement is individually priced; no service charge is published.
Ultimate Finance
Within one week (up to 5 working days) · Up to 95%Facility set up within one week, with funds paid within 24 hours of receiving invoices once live, according to Ultimate Finance. Owned by Tavistock Group.
Aldermore Invoice Finance
A few days to a few weeks · Up to 90%Challenger bank (Aldermore Bank plc) offering invoice discounting, factoring and asset-based lending, with advances up to 90% and a £750,000 minimum turnover. Accredited for the Growth Guarantee Scheme.
IGF (Independent Growth Finance)
10 working days · Up to 90% receivables + stock + plantABL specialist combining invoice finance with stock and plant lending under one facility.
Get 3 free invoice finance quotes
Tell us about your business. eCapital, our introduction partner, handles your enquiry and comes back to you with quotes.
Get my 3 quotes →Compare Bibby Financial Services alternatives
Free, no obligation. Tell us about your business and eCapital, our introduction partner, handles your enquiry and comes back to you with quotes.
Step 1 of 3 · Your business
Free to you: our introduction partner pays us a fixed fee for each introduction, whether or not you go ahead. See our privacy policy.
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.
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
Last updated: