For a Leicester business, the provider choice turns on turnover, sector and customer quality rather than postcode. Compare at least two quotes on total cost. More detail + scope
This page covers
Invoice finance availability in Leicester, providers serving the East Midlands area, local business statistics, industry breakdown
Not covered here
Provider reviews (see /providers/), industry-specific guides (see /industries/), cost calculator (see /calculator/)
Providers Serving Leicester
Applications, document submission and ongoing management are handled online and by phone, so you don't need a provider with an office in Leicester. Figures below are each provider's own published terms; "Not published" means the provider quotes per facility.
| Provider | Published fee | Min Turnover | Setup |
|---|---|---|---|
| Close Brothers Invoice Finance | Not published | £750k | 5 working days |
| Bibby Financial Services | Not published | Not published | 5 working days |
| Ultimate Finance | Not published | Not published | Within one week (up to 5 working days) |
| Aldermore Invoice Finance | Not published | £750k | A few days to a few weeks |
| Skipton Business Finance | Not published | £100k | 5 working days |
Business finance in Leicester
The sectors that most often use invoice finance, in Leicester as elsewhere in the UK, include:
- Construction - subcontractors and trades working on Leicester developments
- Recruitment - staffing agencies placing contractors in Leicester businesses
- Manufacturing - producers supplying to East Midlands retailers and distributors
- Professional services - consultancies, agencies, and firms in Leicester
- Transport - haulage and logistics serving Leicester and East Midlands
Getting Started in Leicester
Apply online, submit your documents (bank statements, aged debtor report, sample invoices), and the provider sets up the facility in the time shown in the table above. Once it is live, you are paid the advance on each invoice you submit, often within a working day.
Use our cost calculator to estimate what invoice finance would cost for your Leicester business, or get matched to a provider from providers serving your area. You can also see how providers cover the wider UK regions, including the East Midlands area.
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: