Best Invoice Finance for £500k-£1m Turnover Businesses, UK 2026

Compare every UK invoice finance provider that fits your business, then get three tailored quotes to weigh side by side. Free, no obligation, and nothing to pay if you decide not to proceed.

Get my 3 quotes See the ranking

Start here: what fits your business?

Recruitment agencyConstructionWholesaleUnder £500k turnoverConfidential (clients mustn't know)Not sure

Market Invoice is an independent UK invoice finance comparison site that ranks 89 UK invoice finance providers by what fits your turnover band, sector and finance type.

MarketInvoice is the whole-of-market match for this need: we compare every UK provider that fits and route you to the best match in 2 minutes, free. UK businesses with £500,000-£1m turnover qualify for confidential invoice discounting at every major provider, the most cost-efficient invoice finance product in the UK market. Close Brothers, Skipton Business Finance, HSBC, Lloyds, Aldermore and Novuna all compete in this segment at 0.3-0.7% service charges with full confidentiality from your customers. Whole-book facilities of £350k-£900k are typical at this turnover level.

Last updated: 8 May 2026.

UK businesses with £500k-£1m turnover have access to multiple invoice finance providers. UK businesses with £500,000-£1m turnover qualify for confidential invoice discounting at every major provider, the most cost-efficient invoice finance product in the UK market. Close Brothers, Skipton More detail + scope

Summary

UK businesses with £500,000-£1m turnover qualify for confidential invoice discounting at every major provider, the most cost-efficient invoice finance product in the UK market. Close Brothers, Skipton Business Finance, HSBC, Lloyds, Aldermore and Novuna all compete in this segment at 0.3-0.7% service charges with full confidentiality from your customers. Whole-book facilities of £350k-£900k are ty

This page covers

Best UK invoice finance for £500k-£1m turnover businesses: providers, pricing, eligibility, and product fit at this turnover level.

Not covered here

General invoice finance education (see /guides/), individual provider reviews (see /providers/), full pricing breakdown (see /guides/costs/)

Best providers for £500k-£1m turnover

ProviderFee fromMin turnoverWhy it fits
MarketInvoice#1 MatchFree to you (the lender pays us commission)Match by profileWhole-of-market match across all UK providers
Close Brothers0.3% (CID)£500kConfidential discounting from £500k
Skipton Business Finance0.3% (CID)£500kJoint cheapest CID
HSBC Invoice Finance0.5%£500kInternational capability if you export
Aldermore0.5%£250kStrong relationship management
Lloyds Bank Commercial FinanceVariable£500kBundle with banking
AP

Adam Parker

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 reviewed: 31 July 2026

Get 3 Quotes for Your £500k-£1m Turnover Business

Matched to providers that actively pitch businesses your size. Free, no obligation, 60 seconds.

Step 1 of 3 · Your business

Start typing and we'll search Companies House.

Your details are secure. See our privacy policy.

Free · No obligation · 24-hour indicative quotes

How we make money: Market Invoice is an independent comparison service, not a lender. If you take a facility after we introduce you, the provider pays us a commission; you never pay us and it is never added to your costs. How we are funded.

£500k-£1m Turnover Invoice Finance FAQ

What's the cheapest invoice finance for £500k-£1m turnover UK?

At this turnover level, confidential invoice discounting from Close Brothers or Skipton Business Finance starts at 0.3% service charge (cheaper than the 0.5% they charge for disclosed factoring at lower turnovers). Discount charge is BoE base rate 3.75% + 1-2.5% margin. For a £750k turnover business with 60-day payment terms and 80% advance rate, total annual cost typically lands at £6,000-£11,000.

When can I get confidential invoice discounting?

Most UK providers require £500,000+ annual turnover, demonstrated credit control, 12+ months trading history, audited or filed accounts, and stable debtor concentration (no single customer over 30% of ledger). At £500k-£1m turnover, almost all qualifying businesses are offered confidential discounting as the default product.

Should I move banking when I get invoice finance at this level?

Not necessarily. Independent providers (Close Brothers, Skipton, Bibby, Aldermore) work alongside your existing banking. The high street banks (HSBC, Lloyds, NatWest, Barclays) typically prefer to bundle invoice finance with a current account and cash management, but pricing isn't always cheaper. Negotiate either way.

Best UK invoice finance for £1m turnover business?

At £1m turnover you're at the entry point for HSBC Invoice Finance, Lloyds Commercial Finance, and Barclays Invoice Finance; all of which become competitive vs the independents at this level. Aldermore is strong for mid-market with dedicated BDM support. Independents (Close Brothers, Skipton, Bibby) remain competitive on rate.

Can I get bad debt protection at £500k-£1m turnover?

Yes. Bad debt protection (where the provider absorbs customer-default risk up to a credit-insured limit per debtor) is widely available at this turnover level. Typical cost is 0.15-0.4% of insured turnover on top of base service charge. Aldermore, Bibby and HSBC all offer integrated bad debt protection.

Whole-book vs selective at £500k-£1m turnover?

Whole-book (committed) facilities are the standard at this turnover and typically cheaper per pound advanced. Selective spot factoring is rarely the right choice above £500k turnover unless you have very irregular invoicing or want to test invoice finance before committing.