Invoice Finance Providers That Disappeared (2020-2026)
At least seven significant UK invoice finance providers have collapsed, been acquired, or exited the market between 2020 and 2026. These include Greensill Capital (administration 2021), Stenn International (administration 2024), Barclays factoring (exited 2021), Castle Business Finance (administration 2020), Just Cash Flow (administration 2022), Platform Black (exited to become Sancus Lending), and Aldermore WCF (sold to Bibby 2023). More detail + scope
This page covers
Comprehensive list of UK invoice finance providers that disappeared 2020-2026. What happened to each, and who is still growing.
Not covered here
Individual provider histories (linked within article), current active providers (see /providers/)
The UK invoice finance market has seen significant churn since 2020. At least seven notable providers have collapsed into administration, been acquired, or exited invoice finance entirely. Despite this, new entrants have replaced those that disappeared, and UK Finance says its members still provide well over £20 billion to UK businesses at any one time. Here is the comprehensive record.
The Full List
Who's Still Here and Growing
Despite the departures, the UK invoice finance market is healthy. There are 81 active providers in our directory of 87, including long-established players and newer fintechs. The providers that have grown through this period include:
- Bibby Financial Services - expanded by acquiring Aldermore's book
- Close Brothers - steady growth in the independent sector
- HSBC - remains the largest bank provider
- Sonovate, Hydr, Triver - fintech entrants filling the gaps left by departures
Browse the full directory of active providers at /providers/, or use the comparison tool to filter by your requirements.
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.
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