Apollo Finance Review
Apollo Finance was a UK-based invoice finance provider that offered factoring and invoice discounting to small and medium-sized businesses. The company has since been acquired by Team Factors and no longer operates as an independent provider. If you are looking for Apollo Finance, your facility and relationship will now be managed by Team Factors.
Apollo Finance was a UK invoice finance provider offering factoring and discounting. It has been acquired by Team Factors and no longer operates independently; existing facilities are now managed by Team Factors. More detail + scope
Summary
Apollo Finance was a UK invoice finance provider offering factoring and invoice discounting to SMEs. It has since been acquired by Team Factors and no longer operates as an independent provider. Businesses looking for Apollo Finance now have their facility and relationship managed by Team Factors. The page exists for reference and routing to the active provider.
This page covers
Apollo Finance status as an acquired provider and where its facilities are now managed (Team Factors)
Not covered here
Live provider comparison (see /providers/), general invoice finance education (see /guides/), sector pages (see /industries/)
Key Facts
What Happened to Apollo Finance?
Apollo Finance was acquired by Team Factors as part of a consolidation within the UK invoice finance market. Following the acquisition, Apollo's client book and operations were absorbed into Team Factors. The Apollo Finance brand is no longer active, and all existing facilities have been transferred to Team Factors.
If you were an Apollo Finance client, your account and facility will now be managed by Team Factors. You should have received communication about the transition. If you have not, contact Team Factors directly to confirm the status of your facility and any changes to your terms.
When Apollo Finance Fits
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Existing Apollo Finance clients with facilities under £500k
Your facility has been transferred to Team Factors, who continue to service smaller SME relationships with similar terms. Contact Team Factors directly to confirm your current pricing and credit line.
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Businesses looking for what Apollo Finance historically offered
Apollo specialised in sub-£1m facilities for SMEs across manufacturing, distribution and services. You'll find equivalent products at Bibby Financial Services, IGF Invoice Finance, or Pulse Cashflow today.
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Companies referred to Apollo Finance after 2021
Post-acquisition, those referrals were likely redirected to Team Factors. If you need invoice finance now, compare Team Factors alongside Optimum Finance and Triver for similar facility sizes and sectors.
When to Look Elsewhere
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You need a new facility and want recent market pricing
Better fit: IGF Invoice Finance. IGF offers factoring and discounting from £50k with transparent fee structures published in 2025.
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Your turnover exceeds £2m and you want a specialist high-street lender
Better fit: Lloyds Bank Invoice Finance. Lloyds provides invoice finance integrated with business banking for established mid-market SMEs.
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You are a recruitment agency or contractor-led business
Better fit: Sonovate. Sonovate specialises in pay and bill funding for recruitment and contracting, with automated ledger reconciliation.
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You want confidential invoice discounting without sales ledger outsourcing
Better fit: Close Brothers. Close Brothers offers pure discounting facilities from £250k with no factoring component, suitable for businesses managing their own credit control.
How Apollo Finance Compares
| Provider | Type | Min facility | Fee from | Advance to | Speed |
|---|---|---|---|---|---|
| IGF Invoice Finance | both | £50k | 0.75% | 90% | 5 days |
| Bibby Financial Services | both | £100k | 0.5% | 85% | 7 days |
| Pulse Cashflow | both | £50k | 0.8% | 85% | 3 days |
| Optimum Finance | both | £100k | 0.6% | 90% | 5 days |
vs IGF Invoice Finance: Independent provider with straightforward online application, whereas Apollo was acquired and absorbed into Team Factors.
vs Bibby Financial Services: Larger panel of funders and flexible prepayment options, compared to Apollo's single-funder model before acquisition.
vs Pulse Cashflow: Tech-focused platform with real-time funding dashboard, whereas Apollo relied on traditional broker-intermediated relationships.
vs Optimum Finance: Specialist in manufacturing and wholesale distribution with bespoke bad debt protection, similar to Apollo's historical client base but still operating independently.
Worked Example
A Nottingham wholesale distributor with £850k turnover (typical Apollo Finance client profile before acquisition)
Setting Up With Apollo Finance
- 1
Identify your current provider
If you had an Apollo Finance facility, check whether it transferred to Team Factors or was closed. Contact Team Factors on 0161 413 5050 to confirm. If starting fresh, compare current market providers like IGF, Bibby or Pulse Cashflow instead.
- 2
Request quotes from active providers
Apollo Finance no longer accepts new applications. Gather quotes from at least three providers on the allowlist. Expect to submit two years' accounts, aged debt reports, and a sales ledger extract for underwriting.
- 3
Complete due diligence and sign facility
Your chosen provider will audit your debtor ledger and verify invoices. Legal documentation takes 3 to 7 days. First drawdown typically happens within 48 hours of contract signature, releasing 80 to 90 percent of approved invoice values.
FAQs
What happened to Apollo Finance?
Apollo Finance was acquired by Team Factors and no longer operates as an independent invoice finance provider. Existing Apollo clients were migrated to Team Factors' platform. If you were an Apollo customer, your facility and point of contact will now be with Team Factors, though terms may have changed post-acquisition.
Can I still apply for Apollo Finance invoice finance?
No. Apollo Finance does not accept new applications. Businesses looking for similar factoring or invoice discounting services should approach current UK providers such as IGF Invoice Finance, Bibby Financial Services, Pulse Cashflow, or Optimum Finance. These offer comparable products for SMEs with turnover from £250k upwards.
I was an Apollo Finance client. Who services my facility now?
Your facility has transferred to Team Factors following the acquisition. Contact Team Factors directly to confirm your current terms, credit limit, and account manager. If you are unhappy with post-acquisition service or pricing, you have the right to refinance with another provider, though exit fees may apply depending on your contract.
What are the best alternatives to Apollo Finance in 2026?
For SMEs with £500k to £2m turnover, IGF Invoice Finance and Pulse Cashflow offer similar products with transparent pricing and fast setup. Bibby Financial Services suits businesses needing flexible prepayment. For recruitment or contractor-heavy firms, Sonovate provides specialist pay and bill finance. Compare at least three providers to benchmark fees and advance rates.
Our Verdict
Apollo Finance no longer exists as a standalone provider. If you were an existing client, your facility is now with Team Factors. If you are searching for a new invoice finance facility, we recommend comparing current providers to find the best fit for your business. Team Factors continues to offer factoring and discounting services, but it is always worth getting quotes from multiple providers to ensure you are getting competitive terms.
Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 14 April 2026