Close Brothers vs Skipton
Close Brothers and Skipton are two well-established UK invoice finance providers. Neither Skipton Business Finance nor Close Brothers publishes a rate: both price each facility individually. Close Brothers is a merchant bank (est. 1878) with a published £750k minimum turnover and specialist construction and recruitment teams. Skipton is a building society (est. 1853) requiring £100k minimum with transparent, straightforward pricing.
Neither Skipton Business Finance nor Close Brothers publishes a rate: both price each facility individually, so compare quotes. Choose Skipton if you turn over £100k to £750k (below Close Brothers' published £750k minimum) or want transparent building society pricing. Choose Close Brothers above £750k for sector expertise. More detail + scope
This page covers
Close Brothers vs Skipton comparison on rates, minimums, institution type, sectors, and pricing transparency
Not covered here
Other providers, detailed sector guides, asset finance products
Head-to-Head Comparison
| Feature | Close Brothers | Skipton |
|---|---|---|
| Service charge | Not published | Not published |
| Min turnover | £750,000 | £100,000 |
| Advance rate | Up to 90% | Up to 90% |
| Type | Merchant bank (LSE listed) | Building society |
| Established | 1878 | 1853 |
| Sector specialists | Construction, recruitment | Generalist |
| Pricing style | Tailored | Transparent |
Choose Close Brothers If...
- Your turnover is £750k or more (Close Brothers' published minimum)
- You need construction or recruitment expertise
- You want a bank-backed provider with LSE listing
Choose Skipton If...
- Your turnover is £100k or more, including below Close Brothers' £750k minimum, and you want transparent pricing
- You value straightforward terms with no hidden fees
- You prefer a mutual building society over a bank
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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