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% with setup typically in 7 working days; Close Brothers Invoice Finance advances up to 90% with setup typically in 5 working days. Aldermore Invoice Finance needs £750k minimum turnover, Close Brothers Invoice Finance needs £500k 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
| Aldermore Invoice Finance | Close Brothers Invoice Finance | |
|---|---|---|
| Product type | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (CID, factoring, ABL) |
| Min turnover | £750k | £500k |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | 1% to 2.5% service charge | From 0.5% service charge |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 7 working days | 5 working days |
| Last reviewed | 2026-07-15 | 2026-05-12 |
When Aldermore Invoice Finance wins
- Challenger bank stability with independent-style speed.
- Growth Guarantee Scheme accredited lender (British Business Bank, announced August 2025).
- New Receivables Finance product widens eligibility.
- Sector breadth: manufacturing, wholesale, business services.
Best for
£750k-£5m turnover Ltd companies, Cross-product banking relationship seekers, Growth Guarantee eligible.
Watch outs
- Setup around 7 days, slower than the fastest fintech lenders.
- Service charge above the cheapest mainstream headline rates.
- Less specialist than Sonovate for recruitment.
When Close Brothers Invoice Finance wins
- 0.5% headline service charge, among the lowest published by mainstream UK providers.
- Merchant banking heritage; FCA regulated under Close Brothers Group plc.
- Strong on confidential invoice discounting (no customer notification).
- Published criteria, low headline-to-offered rate gap.
Best for
£500k+ turnover Ltd companies, Confidential discounting use cases, Cost-sensitive established trading businesses.
Watch outs
- £500k+ minimum turnover excludes earlier-stage businesses.
- Setup 5 days, fine but no faster than mid-tier competitors.
- Less aggressive on construction-stage payments than the sector specialists.
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 £500k+ turnover Ltd companies better. The "when X wins" sections above break this down by profile, and the commercials are covered in the next question.
What are the headline commercials, Aldermore Invoice Finance vs Close Brothers Invoice Finance?
Aldermore Invoice Finance advances up to 90% at 1% to 2.5% service charge. Close Brothers Invoice Finance advances up to 90% at from 0.5% service charge. Aldermore Invoice Finance needs £750k minimum turnover, Close Brothers Invoice Finance needs £500k minimum turnover. Setup runs 7 working days for Aldermore Invoice Finance and 5 working days for Close Brothers Invoice Finance.
Can I get a confidential facility with either Aldermore Invoice Finance or Close Brothers Invoice Finance?
Aldermore Invoice Finance offers confidential invoice discounting (your customers are not notified). Close Brothers Invoice Finance offers 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-£500k turnover. If either describes your business, browse the side-by-side or get matched against the wider UK panel via 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 we will match you against UK invoice finance providers likely to approve, 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 as of 2026-07-15.
- Rates, advance percentages and product details checked against Close Brothers Invoice Finance's own site as of 2026-05-12.
Get matched in two minutes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. We match you against the UK invoice finance providers most likely to approve at a competitive rate. Free, and no obligation to proceed.
Get quotes →Reviewed by Oliver Mackman, Director, Best Business Loans Ltd. Last reviewed: 2026-07-15. Editorial by Best Business Loans Ltd (16833937).
Compare Aldermore Invoice Finance and Close Brothers Invoice Finance quotes
Free, no-obligation quotes from 3 matched UK invoice finance providers. Takes 60 seconds.
Step 1 of 3 · Your business
Your details are secure. See our privacy policy.
How we make money: Market Invoice is an independent comparison service, not a lender. If you take a facility after we introduce you, the provider pays us a commission; 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 MarketFinance / Kriya or to any provider named on this page. If you take out a facility after we introduce you to a lender or broker, we may be paid a commission or referral fee by that party; 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.