Invoice Finance for New Limited Company (Under 12 Months Trading) UK 2026

Market Invoice is an independent UK invoice finance comparison site that ranks 87 UK invoice finance providers.

UK limited companies under 12 months old face stricter invoice finance underwriting than established businesses, but the product is available. Specialist lenders (Hydr, Triver, IGF Invoice Finance, Sonovate for recruitment) accept new companies based on: (1) director track record at previous companies, (2) quality of underlying debtors (creditworthy customers compensate for short trading history), (3) the specific industry and revenue model. Selective spot factoring per invoice is easier to get than whole-book facilities. Typical fees 1.5 to 3 percent per invoice plus higher discount charge (3 to 5 percent above BoE base) for the first 6 to 12 months, dropping to standard rates after a watch period.

What this page covers

This page covers

invoice finance for new UK limited companies under 12 months trading: specialist lenders, eligibility, pricing, PG requirements

Not covered here

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

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 updated:

Get 3 Free Invoice Finance Quotes

Free, no obligation.

Step 1 of 3 · Your business

Start typing and we'll search Companies House.

Free to you: our introduction partner pays us a fixed fee for each introduction, whether or not you go ahead. See our privacy policy.

Free · No obligation · Nothing to pay us

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.

New Limited Company Invoice Finance UK FAQ

Can a UK limited company under 12 months old get invoice finance?

Yes via specialist lenders. Hydr, Triver, IGF Invoice Finance and Sonovate (recruitment) all consider new companies based on director track record, debtor quality and revenue model. Selective spot factoring per invoice is the easiest entry point; whole-book facilities usually need 6-12 months of trading.

Best UK invoice finance for new limited companies?

Hydr (instant spot factoring, no minimum, no contract , best for first invoices). Triver (API-driven instant decisions on individual large invoices). Sonovate (recruitment startups, weekly contractor payroll plus factoring bundled). Banks and bank-owned lenders usually want a longer trading record.

What do new-company lenders look at?

Director track record (previous company directorships, no disqualifications, no CIFAS markers). Underlying debtor quality (creditworthy named customers compensate for short trading history). Revenue model (recurring B2B preferred over one-off project). Personal guarantee capacity (most new-company facilities require unlimited director PG). Companies House filings (no late or missed filings).

Pricing for new-company invoice finance UK?

Typical pricing for under-12-months companies: 1.5-3% per invoice plus 3-5% above BoE base on discount charge. Annualised on the funded amount, that is considerably more expensive than a standard facility in the first 6-12 months. After a watch period showing clean trading, pricing drops to standard rates (0.5-2% plus 1.5-3% above BoE base). Get a clear pricing schedule including the post-watch-period drop in your facility documentation.

Can a brand-new company (Day 1) get invoice finance?

Selective spot factoring on the first qualifying invoice , yes via Hydr or Triver if the underlying invoice meets credit criteria (creditworthy debtor, B2B, completed work, no dispute). Whole-book facility from Day 1 , rarely. A few specialist lenders will look at whole-book after a few months of trading evidence, but most want 6-12 months. Plan to start with spot factoring and progress to whole-book as the ledger develops.

Personal guarantee and new-company invoice finance?

Almost always required. New-company facilities carry higher risk (no trading history to assess), so lenders typically want full director PGs covering 100% of the facility size. As the company establishes trading history (12-24 months of clean payment), PG can usually be capped or partially waived at facility renewal. Personal Guarantee Insurance (PGI), for example from Purbeck, can hedge this exposure , see /guides/personal-guarantee-insurance/.