Aldermore Invoice Finance vs Close Brothers Invoice Finance: UK Invoice Finance Comparison 2026
See how Aldermore Invoice Finance compares to Close Brothers Invoice Finance side by side, then get three tailored quotes to weigh alongside them. Free, no obligation, and nothing to pay if you decide not to proceed.
Start here: what fits your business?
Both operate in UK independent invoice finance, outside the high street banks. They differ on sector focus, headline pricing and the minimum turnover they will consider. Aldermore Invoice Finance advances up to 90%, setup typically in a few days to a few weeks; Close Brothers Invoice Finance advances up to 90%, setup typically in 5 working days. Both need £750k minimum turnover. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
Full reviews: Aldermore Invoice Finance · Close Brothers Invoice Finance
| Compared on | Aldermore Invoice Finance | Close Brothers Invoice Finance |
|---|---|---|
| Product type | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (CID, factoring, ABL) |
| Min turnover | £750k | £750k |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | Not published (quoted per facility) | Not published (quoted per facility) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | A few days to a few weeks | 5 working days |
Sources for these figures: Aldermore Invoice Finance: advance rate · Aldermore Invoice Finance: minimum turnover, setup timescale, Growth Guarantee Scheme · Bibby Financial Services acquires Aldermore's Working Capital Finance division (26 June 2023) · Close Brothers Invoice Finance: invoice factoring (minimum turnover £750k a year, up to 90%) · Close Brothers Invoice Finance: invoice discounting (minimum turnover £750k a year, up to 90%) · Close Brothers Invoice Finance: our fees (all agreements individually priced; no rate published)
When Aldermore Invoice Finance wins
- Challenger bank stability with independent-style speed.
- Accredited to offer the Growth Guarantee Scheme (per Aldermore).
- Funds available within 24 hours once the facility is live.
- Sector breadth: manufacturing, wholesale, business services.
Best for
£750k-£5m turnover Ltd companies, Cross-product banking relationship seekers, Growth Guarantee eligible.
Watch outs
- Setup ranges from a few days to a few weeks, slower than the fastest fintech lenders.
- No published service charge, so it cannot be benchmarked without a quote.
- Less specialist than Sonovate for recruitment.
When Close Brothers Invoice Finance wins
- Published eligibility: £750k minimum turnover and up to 90% advance for both factoring and discounting.
- Merchant banking heritage; FCA regulated under Close Brothers Group plc.
- Strong on confidential invoice discounting (no customer notification).
Best for
£750k+ turnover Ltd companies, Confidential discounting use cases, Established trading businesses wanting a bank-backed lender.
Watch outs
- £750k minimum turnover (published for both factoring and invoice discounting) excludes smaller businesses.
- No published pricing: each agreement is individually priced, so it can only be compared on a quote.
- Setup 5 days, fine but no faster than mid-tier competitors.
FAQ
Aldermore Invoice Finance or Close Brothers Invoice Finance: which is the better fit for UK invoice finance in 2026?
Aldermore Invoice Finance is the stronger fit for £750k-£5m turnover Ltd companies; Close Brothers Invoice Finance fits £750k+ turnover Ltd companies better. The "when X wins" sections above break this down by profile, and the commercials are covered in the next question.
How do Aldermore Invoice Finance and Close Brothers Invoice Finance price their facilities?
Neither publishes its pricing; both quote per facility. The table above sets advance rate, setup speed and minimum turnover side by side.
Can I get a confidential facility with either Aldermore Invoice Finance or Close Brothers Invoice Finance?
Both Aldermore Invoice Finance and Close Brothers Invoice Finance offer confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Aldermore Invoice Finance is the wrong fit for sub-£750k turnover. Close Brothers Invoice Finance is the wrong fit for sub-£750k turnover. If either describes your business, browse the side-by-side or get 3 free quotes through our quote form.
Can Market Invoice help me choose between Aldermore Invoice Finance and Close Brothers Invoice Finance?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and eCapital, our introduction partner, handles your enquiry and comes back to you with quotes, with no obligation to proceed.
Related
- Full Aldermore Invoice Finance review
- Full Close Brothers Invoice Finance review
- Close Brothers Invoice Finance vs Ultimate Finance
- Allianz Trade vs Close Brothers Invoice Finance
- Close Brothers Invoice Finance vs Novuna Business Finance
- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
Sources
- Rates, advance percentages and product details checked against Aldermore Invoice Finance's own site.
- Rates, advance percentages and product details checked against Close Brothers Invoice Finance's own site.
- Aldermore Invoice Finance: advance rate
- Aldermore Invoice Finance: minimum turnover, setup timescale, Growth Guarantee Scheme
- Bibby Financial Services acquires Aldermore's Working Capital Finance division (26 June 2023)
- Close Brothers Invoice Finance: invoice factoring (minimum turnover £750k a year, up to 90%)
- Close Brothers Invoice Finance: invoice discounting (minimum turnover £750k a year, up to 90%)
- Close Brothers Invoice Finance: our fees (all agreements individually priced; no rate published)
Get 3 free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. eCapital, our introduction partner, handles your enquiry and comes back to you with quotes. Free, and no obligation to proceed.
Get my 3 quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
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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.
Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to Kriya, Allica Bank or to any provider named on this page. Our introduction partner pays us a fixed fee for each business we introduce, whether or not a facility follows; this is never added to your costs. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative; larger facilities are commonly priced bespoke, so confirm terms directly with the provider before you sign.