Alternatives to Skipton Business Finance
The main UK invoice finance alternatives to Skipton Business Finance are Aldermore Invoice Finance, Close Brothers Invoice Finance, Novuna Business Finance and Bibby Financial Services, compared below on product type, minimum turnover, advance rate, typical fee, setup speed and our overall rating.
Pick the alternative that fixes whatever Skipton Business Finance 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 Skipton Business Finance, 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/)
Skipton Business Finance vs the 4 alternatives
| Compared on | Skipton Business Finance | Aldermore Invoice Finance | Close Brothers Invoice Finance | Novuna Business Finance | Bibby Financial Services |
|---|---|---|---|---|---|
| Product | Invoice finance (CID, factoring, ABL) | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (CID, factoring, ABL) | Invoice finance, asset finance, vehicle finance | Invoice finance (factoring, CID, ABL) |
| Cluster | independent | independent | independent | independent | independent |
| Min turnover | £100k | £750k | £750k | Not published | Not published |
| Advance rate | Up to 90% | Up to 90% | Up to 90% | Up to 90% | Up to 85% |
| Typical rate | Not published (quoted per facility) | Not published (quoted per facility) | Not published (quoted per facility) | Not published (quoted per facility) | Not published (quoted per facility) |
| Setup speed | 5 working days | A few days to a few weeks | 5 working days | 1 to 3 working days to funds | 5 working days |
| Rating | 4.2 | 4.2 | 4.5 | 4.2 | 4.4 |
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.
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.
Novuna Business Finance
1 to 3 working days to funds · Up to 90%Novuna is the trading style of Mitsubishi HC Capital UK PLC, formerly Hitachi Capital (UK) PLC, which switched to the Novuna brand on 14 February 2022 after its parent merged with Mitsubishi UFJ Lease & Finance to form Mitsubishi HC Capital Inc.
Bibby Financial Services
5 working days · Up to 85%Describes itself as one of Europe's largest independent invoice finance providers, funding over 8,500 businesses; part of the family-owned Bibby Line Group and formed in 1982.
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 Skipton Business Finance 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: