Compare Invoice Finance UK 2026
Market Invoice compares the UK invoice finance providers that fit your business, and you can get 3 free quotes through eCapital, our introduction partner. The leading UK invoice finance providers in 2026 are Bibby Financial Services (one of the largest independents), Close Brothers (bank-backed, individually priced), Hydr (fintech-led with same-day setup), Optimum Finance (specialist SMB underwriter) and Ultimate Finance (advances up to 95%). Each is right for a different profile of business: turnover, sector, ledger shape and confidentiality requirement decide which one quotes you the cheapest.
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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What this page covers
This page covers
UK invoice finance providers compared on rate, advance rate, minimum turnover, setup speed and sector specialism
Not covered here
Asset finance, term loans, MCA (see sister site FundBiz)
UK invoice finance providers compared
| Provider | Cluster | Min turnover | Advance rate | From |
|---|---|---|---|---|
| MarketInvoice3 free quotes | Not a lender or a panel. Tell us about your business and eCapital, our introduction partner, handles your enquiry and comes back to you with quotes. Free to you: eCapital pays us a fixed fee per introduction. | |||
| Bibby Financial Services | Independent specialist | Not published | Up to 85% | Not published |
| Close Brothers Invoice Finance | Bank-owned | £750k | Up to 90% | Not published |
| Hydr | Fintech | No minimum | Up to 100% | Flat fee |
| Optimum Finance | Independent specialist | £100k | Up to 90% | 0.7% |
| Ultimate Finance | Independent specialist | Not published | Up to 95% | Not published |
| Skipton Business Finance | Bank-owned | £100k | Up to 90% | Not published |
| Aldermore Invoice Finance | Bank-owned | £750k | Up to 90% | Not published |
| Novuna Business Finance | Bank-owned | Not published | Up to 90% | Not published |
How to compare UK invoice finance providers
Headline rate is the wrong starting point. UK invoice finance pricing is a stack of three things: the service charge (a percentage of the invoices funded; most providers quote it per facility, and published figures run up to about 3%), the discount charge (Bank of England base plus 1% to 3% on the advanced funds), and any setup, monthly or audit fees. The cheapest service charge does not always produce the cheapest total cost, service charge is paid on every invoice you fund, discount charge only on the days you actually borrow. Our guide to invoice finance costs works through the full stack with examples.
Three filters narrow the field quickly. Turnover band: most providers have a minimum at £50k, £100k, £250k or £500k annual. Sector: construction, recruitment and engineering are specialist sub-sectors with their own underwriting teams. Confidentiality requirement: not every provider offers confidential invoice discounting (CID); whole-turnover factoring facilities tend to require notification to debtors.
Setup speed varies from 24 hours (Hydr, MarketInvoice routed via fintech panel) to 3 weeks for bank-owned facilities with bespoke underwriting. If you need funding inside a week, the fintech-cluster providers and selective single-invoice facilities are the realistic shortlist.
Best for different profiles
- Construction: Bibby (dedicated construction team) or Close Brothers (individually priced, dedicated division).
- Bad credit: Independent specialists with sector underwriting (Optimum, IGF) over bank-owned panels.
- Confidential discounting: Bibby, Close Brothers, Aldermore, Novuna; not every provider offers CID.
- One-off invoice: Selective / single-invoice facilities (Hydr, Triver) over whole-book commitments.
Related comparisons
- Bibby vs MarketInvoice
- Capitalise vs MarketInvoice
- All hand-coded /compare/ pages
- All "best for" guides
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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.
Headline rates as published 2026. Service charge and discount charge ranges reflect public-published indicative pricing; the rate quoted to your business will depend on turnover, sector and ledger profile.