The best UK invoice finance companies for 2026, ranked by Market Invoice, are Sonovate, Close Brothers Invoice Finance, Bibby Financial Services. Companies are scored on overall editorial rating, transparency, setup speed and flexibility, drawn from published criteria and Companies House records. The right fit depends on your turnover, sector and whether you need invoice factoring or confidential invoice discounting.
Ranking covers 24 companies with full structured terms in our dataset.
The best UK invoice finance companies for 2026 are Sonovate, Close Brothers Invoice Finance, Bibby Financial Services, Ultimate Finance, Hydr. They are ranked on overall editorial rating, then transparency, then setup speed, using published criteria and Companies House records. More detail + scope
This page covers
24 UK invoice finance companies ranked, each with cluster, minimum turnover, advance rate, typical rate, setup speed and overall rating
Not covered here
Full sortable dataset (see /data/uk-invoice-finance-rate-index/), category winners (see /best/), provider profiles (see /providers/), cost breakdown (see /guides/costs/)
Ranked: UK Invoice Finance Companies 2026
Ordered by overall editorial rating, then transparency, then setup speed. Service charges shown are starting rates for each company's lowest-risk client profile; a discount charge of base rate (3.75% as of 18 December 2025) plus margin applies separately on the cash advanced.
| # | Company | Type | Min turnover | Advance | Setup | Rating |
|---|---|---|---|---|---|---|
| 1 | Sonovate | Recruitment specialist | No minimum | Up to 100% | 2 working days | 4.6 |
| 2 | Close Brothers Invoice Finance | Independent | £750k | Up to 90% | 5 working days | 4.5 |
| 3 | Bibby Financial Services | Independent | Not published | Up to 85% | 5 working days | 4.4 |
| 4 | Ultimate Finance | Independent | Not published | Up to 95% | Within one week (up to 5 working days) | 4.3 |
| 5 | Hydr | Fintech | No minimum | Up to 100% per invoice | Same day to 1 working day | 4.2 |
| 6 | Aldermore Invoice Finance | Independent | £750k | Up to 90% | A few days to a few weeks | 4.2 |
| 7 | Novuna Business Finance | Independent | Not published | Up to 90% | 1 to 3 working days to funds | 4.2 |
| 8 | Skipton Business Finance | Independent | £100k | Up to 90% | 5 working days | 4.2 |
| 9 | Time Finance | Independent | £250k | Up to 90% | 7 working days | 4.1 |
| 10 | IGF (Independent Growth Finance) | Independent | £5m | Up to 90% receivables + stock + plant | 10 working days | 4.1 |
| 11 | ABC Finance | Independent | Varies by funder | Up to 95% (funder dependent) | 10 to 20 working days | 4.0 |
| 12 | Capitalise | Fintech | Varies by funder | Up to 90% (funder dependent) | 24 to 48 hours from approval (selective) | 4.0 |
| 13 | eCapital | Independent | Not published | Up to 90% | Not published | 4.0 |
| 14 | Swoop Funding | Fintech | £30k | Up to 95% (funder dependent) | 48 hours (payment after invoice submitted) | 4.0 |
| 15 | Touch Financial | Independent | Varies by funder | Up to 100% (funder dependent) | 1 to 2 working days (funds released) | 4.0 |
| 16 | White Oak (UK) | Independent | £1m | Up to 90% | 5 to 10 working days | 4.0 |
| 17 | HSBC Invoice Finance | High street bank | £1m | Up to 95% | 10 to 15 working days | 4.0 |
| 18 | Lloyds Bank Commercial Finance | High street bank | £100k | Up to 90% | 10 to 15 working days | 4.0 |
| 19 | Apollo Business Finance | Independent | Varies by funder | Up to 90% (funder dependent) | 3 to 10 working days | 3.9 |
| 20 | Fund Invoice Discounting | Independent | Varies by funder | Up to 95% (funder dependent) | 3 to 10 working days | 3.9 |
| 21 | SME Invoice Finance | Independent | £100k | Up to 95% | 5 to 10 working days | 3.9 |
| 22 | Barclays Invoice Finance | High street bank | Not published | Up to 90% | 10 to 15 working days | 3.9 |
| 23 | NatWest Invoice Finance | High street bank | £300k | Up to 90% | 10 to 15 working days | 3.9 |
| 24 | Santander Invoice Finance | High street bank | Not published | Up to 90% | 10 to 15 working days | 3.8 |
Source: Market Invoice analysis across UK invoice finance companies with full structured terms. Ratings are editorial and set from published criteria and Companies House records. Inclusion and ranking are never paid for. See the UK Invoice Finance Rate Index for the full dataset and how each figure is sourced, and the UK Invoice Finance Lender League Table for how these lenders rank by live Companies House debentures.
Why each company ranks where it does
1. Sonovate
Recruitment specialist · rated 4.6/5The largest UK recruitment-specialist invoice finance platform, with £4.2bn funded across 3,300+ clients (company-reported). Combines funding with back-office services (invoicing, credit control, payroll). 100% advance available with no PG common. Setup in 2 days.
2. Close Brothers Invoice Finance
Independent · rated 4.5/5UK 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. Best fit for £750k+ turnover trading businesses wanting a bank-grade name.
3. Bibby Financial Services
Independent · rated 4.4/5Describes 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. Strong on sector breadth (construction, recruitment, manufacturing, wholesale) and SME accessibility. Setup typically 5 working days, faster than bank competitors.
4. Ultimate Finance
Independent · rated 4.3/5Facility set up within one week, with funds paid within 24 hours of receiving invoices once live, according to Ultimate Finance. Owned by Tavistock Group. Strong on SME accessibility, flexible underwriting, and broader product set (also asset finance + bridging). Pricing is quoted per facility rather than published; speed and decisioning win deals.
5. Hydr
Fintech · rated 4.2/5A Manchester-based fintech offering fully digital single-invoice finance with same-day onboarding and a flat transparent fee per invoice. Hydr integrates with accounting software and suits smaller businesses that want to finance selected invoices without a whole-ledger contract.
6. Aldermore Invoice Finance
Independent · rated 4.2/5Challenger 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. Note: Bibby Financial Services bought Aldermore's Working Capital Finance division in June 2023; Aldermore still offers invoice finance under its own name, but it is a separate business from Bibby.
7. Novuna Business Finance
Independent · rated 4.2/5Novuna 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. The invoice finance arm trades as Novuna Business Cash Flow: advances up to 90%, funding often within 24 to 72 hours, and a 6-month trial period before the rolling contract. Mid-market mainstream choice with strong asset finance cross-sell, but neither pricing nor a minimum turnover is published.
8. Skipton Business Finance
Independent · rated 4.2/5Invoice finance lender that is a wholly owned subsidiary of Skipton Building Society, headquartered in Yorkshire. Strong on SME and regional manufacturing. Less national brand awareness but consistent service ratings.
9. Time Finance
Independent · rated 4.1/5AIM-listed UK independent specialist lender whose gross lending book passed £250m in 2026 (company RNS). Multi-product (IF + asset + loans). Mid-market SME focus, with a strong panel for B2B service businesses and light industrial.
10. IGF (Independent Growth Finance)
Independent · rated 4.1/5ABL specialist combining invoice finance with stock and plant lending under one facility. Private credit facilities of £2m to £25m for UK SMEs and mid-market corporates, with over £600m of facilities under management (March 2025, igfgroup.com). Slower setup but more flexible structure than monoline IF lenders.
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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.
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