Data Index
UK Invoice Finance Rate Index 2026
Cite this dataset: Parker, A. (2026). UK Invoice Finance Rate Index: Published Provider Terms Dataset. Zenodo. https://doi.org/10.5281/zenodo.21536180
The UK Invoice Finance Rate Index is a structured dataset of provider terms: minimum turnover, advance rate, typical service charge and discount margin, setup speed, and whether confidential invoice discounting and factoring are available. Figures come from providers' own published criteria and Companies House records; most providers do not publish a service charge, so where a rate is shown without a published source it is a Market Invoice research estimate, and "Not published" means the provider prices each facility individually. This page tracks 27 verified providers, 16 of which are independently confirmed as active on the Companies House register and 11 as authorised firms on the FCA Register (each provider profile carries its own registration numbers).
How we count: 87 UK invoice finance providers listed in our directory (81 currently active); 27 compared on full published terms in the Rate Index; 87 with a review page.
Last updated: · Compiled by Market Invoice · See full provider profiles · Market statistics · Monthly market activity tracker · Days to pay by sector · Published service charges by provider type · Base rate and payment reporting calendar · Regulatory timeline · PG and debenture positions (small sample) · State of UK Invoice Finance 2026 · Fair Payment Code signatory benchmark
| Provider | Type | Min turnover | Advance rate | Typical service charge / discount margin | Setup speed | Confidential | Factoring | Rating |
|---|---|---|---|---|---|---|---|---|
| Bibby Financial Services | Independent | Not published | Up to 85% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.4 |
| Close Brothers Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.5 |
| Ultimate Finance | Independent | Not published | Up to 95% | Quoted per facility (not published) | Within one week (up to 5 working days) | Yes | Yes | 4.3 |
| Aldermore Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | A few days to a few weeks | Yes | Yes | 4.2 |
| Skipton Business Finance | Independent | £100k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.2 |
| IGF (Independent Growth Finance) | Independent | £5m | Up to 90% receivables + stock + plant | Bespoke pricing | 10 working days | Yes | Yes | 4.1 |
| Novuna Business Finance | Independent | Not published | Up to 90% | Not published (quoted per facility) | 1 to 3 working days to funds | Yes | Yes | 4.2 |
| Lloyds Bank Commercial Finance | High street bank | £100k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 |
| HSBC Invoice Finance | High street bank | £1m | Up to 95% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 |
| Barclays Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 |
| NatWest Invoice Finance | High street bank | £300k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 |
| Santander Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.8 |
| Sonovate | Recruitment specialist | No minimum | Up to 100% | 2% to 4% blended (funding + back-office) | 2 working days | No | Yes | 4.6 |
| Time Finance | Independent | £250k | Up to 90% | Not published (quoted per facility) | 7 working days | Yes | Yes | 4.1 |
| eCapital | Independent | Not published | Up to 90% | Not published (quoted per facility) | Not published | Yes | Yes | 4.0 |
| White Oak (UK) | Independent | £1m | Up to 90% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 4.0 |
| Hydr | Fintech | No minimum | Up to 100% per invoice | Flat fee per invoice financed | Same day to 1 working day | Yes | No | 4.2 |
| SME Invoice Finance | Independent | £100k | Up to 95% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 3.9 |
Brokers and marketplaces
These firms arrange invoice finance with lenders rather than funding facilities themselves, so they are listed separately rather than ranked alongside direct lenders. Minimum turnover for a broker is set by whichever lender takes the facility, which is why most rows read "Varies by funder".
| Broker | Min turnover | Setup speed |
|---|---|---|
| Touch Financial Broker | Varies by funder | 1 to 2 working days (funds released) |
| Apollo Business Finance Broker | Varies by funder | 3 to 10 working days |
| ABC Finance Broker | Varies by funder | 10 to 20 working days |
| Swoop Funding Broker | £30k | 48 hours (payment after invoice submitted) |
| Capitalise Broker | Varies by funder | 24 to 48 hours from approval (selective) |
| Fund Invoice Discounting Broker | Varies by funder | 3 to 10 working days |
Adjacent products excluded from the ranked table: iwoca, Funding Circle, Allianz Trade offer working-capital products that are not ledger or selective invoice advances, so their terms are not directly comparable and they are not ranked here.
Click the Provider, Min turnover or Rating column headers to sort. Figures are normalised from each provider's published criteria. Rate ranges reflect headline-to-typical bands; your actual rate depends on turnover, debtor quality, sector and contract terms.
| Provider | Type | Min turnover | Advance rate | Typical service charge / discount margin | Setup speed | Confidential | Factoring | Rating (out of 5) |
|---|---|---|---|---|---|---|---|---|
| Bibby Financial Services | Independent | Not published | Up to 85% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.4 |
| Close Brothers Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.5 |
| Ultimate Finance | Independent | Not published | Up to 95% | Quoted per facility (not published) | Within one week (up to 5 working days) | Yes | Yes | 4.3 |
| Aldermore Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | A few days to a few weeks | Yes | Yes | 4.2 |
| Skipton Business Finance | Independent | £100k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.2 |
| IGF (Independent Growth Finance) | Independent | £5m | Up to 90% receivables + stock + plant | Bespoke pricing | 10 working days | Yes | Yes | 4.1 |
| Novuna Business Finance | Independent | Not published | Up to 90% | Not published (quoted per facility) | 1 to 3 working days to funds | Yes | Yes | 4.2 |
| Lloyds Bank Commercial Finance | High street bank | £100k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 |
| HSBC Invoice Finance | High street bank | £1m | Up to 95% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 |
| Barclays Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 |
| NatWest Invoice Finance | High street bank | £300k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 |
| Santander Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.8 |
| Sonovate | Recruitment specialist | No minimum | Up to 100% | 2% to 4% blended (funding + back-office) | 2 working days | No | Yes | 4.6 |
| Time Finance | Independent | £250k | Up to 90% | Not published (quoted per facility) | 7 working days | Yes | Yes | 4.1 |
| eCapital | Independent | Not published | Up to 90% | Not published (quoted per facility) | Not published | Yes | Yes | 4.0 |
| White Oak (UK) | Independent | £1m | Up to 90% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 4.0 |
| Hydr | Fintech | No minimum | Up to 100% per invoice | Flat fee per invoice financed | Same day to 1 working day | Yes | No | 4.2 |
| SME Invoice Finance | Independent | £100k | Up to 95% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 3.9 |
Source: Market Invoice, compiled from published provider criteria and Companies House records (CC BY 4.0)
View as plain-text Markdown
### UK Invoice Finance Rate Index 2026: verified terms for 18 direct UK invoice finance lenders (brokers and adjacent products listed separately) | Provider | Type | Min turnover | Advance rate | Typical service charge / discount margin | Setup speed | Confidential | Factoring | Rating (out of 5) | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Bibby Financial Services | Independent | Not published | Up to 85% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.4 | | Close Brothers Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.5 | | Ultimate Finance | Independent | Not published | Up to 95% | Quoted per facility (not published) | Within one week (up to 5 working days) | Yes | Yes | 4.3 | | Aldermore Invoice Finance | Independent | £750k | Up to 90% | Not published (quoted per facility) | A few days to a few weeks | Yes | Yes | 4.2 | | Skipton Business Finance | Independent | £100k | Up to 90% | Not published (quoted per facility) | 5 working days | Yes | Yes | 4.2 | | IGF (Independent Growth Finance) | Independent | £5m | Up to 90% receivables + stock + plant | Bespoke pricing | 10 working days | Yes | Yes | 4.1 | | Novuna Business Finance | Independent | Not published | Up to 90% | Not published (quoted per facility) | 1 to 3 working days to funds | Yes | Yes | 4.2 | | Lloyds Bank Commercial Finance | High street bank | £100k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 | | HSBC Invoice Finance | High street bank | £1m | Up to 95% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 4.0 | | Barclays Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 | | NatWest Invoice Finance | High street bank | £300k | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.9 | | Santander Invoice Finance | High street bank | Not published | Up to 90% | Not published (quoted per facility) | 10 to 15 working days | Yes | Yes | 3.8 | | Sonovate | Recruitment specialist | No minimum | Up to 100% | 2% to 4% blended (funding + back-office) | 2 working days | No | Yes | 4.6 | | Time Finance | Independent | £250k | Up to 90% | Not published (quoted per facility) | 7 working days | Yes | Yes | 4.1 | | eCapital | Independent | Not published | Up to 90% | Not published (quoted per facility) | Not published | Yes | Yes | 4.0 | | White Oak (UK) | Independent | £1m | Up to 90% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 4.0 | | Hydr | Fintech | No minimum | Up to 100% per invoice | Flat fee per invoice financed | Same day to 1 working day | Yes | No | 4.2 | | SME Invoice Finance | Independent | £100k | Up to 95% | Negotiated service charge plus discount margin | 5 to 10 working days | Yes | Yes | 3.9 | Source: Market Invoice, compiled from published provider criteria and Companies House records (CC BY 4.0)
Methodology
Each provider in the index is reviewed against a common schema so the rows are directly comparable. We record minimum turnover, advance rate, the typical service charge and discount margin, setup speed, whether confidential invoice discounting is offered, whether factoring is offered, and an overall editorial rating out of 5 built from sub-scores for transparency, speed and flexibility.
Source material is published provider criteria, provider documentation, and Companies House records for legal entity and incorporation data. Where a provider publishes a rate band rather than a single figure, we record the band. We do not publish a rate we cannot evidence from a primary source, so some cells read as a range or "bespoke" rather than a fabricated point estimate.
The "last updated" date above is set to the most recent provider review date in the underlying dataset, so it never overstates freshness. Individual provider review dates are shown on each provider profile. The index is maintained by the Market Invoice editorial team and overseen by Oliver Mackman, director of Best Business Loans Ltd.
The rating out of 5 is Market Invoice's own editorial assessment, built from sub-scores for transparency, speed and flexibility. It is not an aggregate of customer reviews. "Verified" counts refer to providers whose active Companies House record (16) or FCA authorisation (11) we have checked; each row links to the provider profile carrying the specific registration details, which is the per-provider list behind those counts.
This dataset is published under a Creative Commons Attribution 4.0 licence. You may reuse the figures with attribution to Market Invoice (marketinvoice.co.uk).
What the index measures
- Provider name
- Provider type (cluster)
- Minimum turnover
- Advance rate
- Typical service charge and discount margin
- Setup speed
- Confidential invoice discounting available
- Factoring available
- Overall editorial rating (out of 5)
Cite this dataset
To reference these figures, please credit MarketInvoice and link to this page:
Source: MarketInvoice, UK Invoice Finance Rate Index, https://marketinvoice.co.uk/data/uk-invoice-finance-rate-index/ (accessed 2026-09-25).
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