Business Expert’s invoice finance platform includes virtually every invoice finance company in the UK.
This is a quickly emerging sector, still unregulated, with new players arriving all the time. We update this page regularly, and hope to make it a quick and easy reference point to research the invoice finance company of your choice.
Alongside the high street banks, you will find small, highly specialised firms with a focus on particular sectors.
If you need a no-obligation quote, use our simple form to gain a range of competitive quotations from the best providers in the industry. With every lender at our fingertips, we make invoice finance as simple as possible.
Which are the Top Invoice Finance and Factoring Providers?
Although we’re asked this often, there is no simple answer to this question since different firms will be appropriate for different companies requirements.
In all cases, you need to investigate these companies robustly, and particularly their terms and conditions should you be considering finance.
Look out for hidden costs or fees, or simply get in contact with us at any time for free advice about the providers which we feel would be right for your situation.
Europe’s largest invoice finance platform, Market Invoice has funded over £2bn worth of invoices since 2011. Barclays and Santander now have significant stakes, making it a very robust and well funded platform.
In August 2013, the UK government – via the British Business Bank – began lending to UK small businesses through Market Invoice. This partnership has now seen more than £50m funded to date.
MarketInvoice allows you to receive up to 90% of your invoice value within 24 hours and the remainder when the invoice is due.
Advantedge Commercial Finance
Formerly known as Factor 21, Advantedge has grown to become one of the UK’s leading privately owned factoring companies.
Based in the Thames Valley and Manchester, the Directors have over a 120 years’ experience of funding businesses.
Their online tool provides real-time information, and enables immediate access to funding.
“We know that it is people, not machines, that make the best funding decisions and are the key to good relationships,” commented Advantedge.
“We offer a unique client manager system that ensures that your point of contact manages all aspects of your facility. We understand that it is shared knowledge that enables us to make the best funding decisions.”
Formerly Outsauce, the Giant Group are recruitment finance specialists, and as the official partner of The Recruitment & Employment Confederation (REC), a good choice if you’re in this sector.
Giant supply a full credit control function that will ultimately improve cashflow. They can raise invoices on client’s behalf within 30 minutes of confirmation of timesheet approval. They can also take care of online timesheets, payroll, payslips and RTI reporting along with all intermediaries reporting and relevant HMRC forms.
Close Invoice Finance
Close Brothers Invoice Finance – voted Business Moneyfacts’ “Best Factoring & Invoice Discounting Provider” for the third consecutive year
Close Brothers Invoice Finance is part of Close Brothers Group plc, a FTSE 250 modern merchant banking group and one of the highest rated banks in the UK*. Providing the flexibility of an independent provider, combined with the financial strength of our merchant bank parentage, Close offer customers the best of both worlds.
With direct access to underwriters, Close local teams are empowered to make quick decisions. They don’t just look at industry and turnover, but take into account factors that other banks may not be able to, such as your business objectives and future potential.
Close commented: “Our market-leading technology, IDealTM is another reason why we stand out. Traditional invoice discounting solutions require manual reconciliation, adding overhead and accounting costs as well as the opportunity for error. IDeal™ seamlessly integrates with your accounting software and automatically reconciles invoice payments, saving you time and money. As well as this, our customers enjoy instant access to cash from their invoices, 24/7, from anywhere in the world.”
* Moody’s bank ratings April 2016
Skipton Business Finance
Skipton Business Finance is a leading receivables financier with offices in Skipton, Leeds, Manchester, Birmingham and Bracknell.
Multi award-winning, they provide UK businesses with working capital through our flexible Invoice Finance solutions, including Invoice Factoring, Invoice Discounting and their award-winning My White Label solution.
Whilst having the flexibility and speed of an independent business they are a wholly owned subsidiary of Skipton Building Society, a mutual financial institution that has been serving its members for over 150 years.
Barclays provide cashflow facilities for startups right through to bespoke working capital facilities for multi-million turnover businesses. They are able to provide a wealth of technical expertise and support to ensure that clients have the best possible solutions to help their businesses grow and thrive. Once on-boarded they provide specialist and dedicated managers to ensure quality client service, working closely with our Relationship Directors in the bank to ensure that there is one view and a joined up approach.
Barclays Confidential Invoice Discounting product can provide up to 90% advance on unpaid invoices and they have an experienced team of business development managers who are able to structure facilities to suit individual needs.
They are also able to provide Bad Debt Protection through their CID+ product which includes features including 100% cover, protracted default cover and discretionary limits of up to £10,000.
Bibby Financial Services
Bibby Financial Services prides its self on delivering innovate financial solutions to Small and Medium Sized Business. Enabling owner managers and directors to fulfil their business goals and ambitions by providing the financial support they need, when they need it!
By offering flexible funding facilities ranging from £5k to £10m across a broad range of solutions it enables our Clients to run their businesses with confidence whatever the circumstances.
Bibby’s business heritage of over 200 years allows them to support all business sectors whether they are new start, fledgling or well established. This experience also enables them to deliver facilities to their Customers and Clients whatever the financial circumstances.
Creative Capital are an independent finance company based in Cheshire, but with national sales coverage.
They are privately funded and owner managed, which enables them to make underwriting decisions in house. The owners are still involved in the day to day running of the business, and still maintain regular contact with customers and introducers.
Founded in 2010, Creative Capital were one of the first specialist Selective Invoice Finance companies in the UK. Since then, they have expanded their operations to offer our clients Trade and Stock Finance facilities, amongst others.
This product allows our clients to pick and choose invoices to sell to us, as and when they need to. Rather than funding an entire sales ledger (as with factoring or invoice discounting), clients only raise the amount they need, when they need it. Our typical clients are owner managed businesses who are growing, but need some additional help getting onto the next step. We are able to finance a single invoice to a single debtor, or customers can put together a “batch” of several invoices to a few debtors.
Secure Trust Bank Commercial Finance
A part of Secure Trust Bank plc, the finance department offers a wide range of lending products, and can work alongside existing lenders to find a solution that works for you and will help your business to thrive and grow.
Secure can work quickly to get the funding in place. Wherever you are in the country they have an expert close by who will work hard on your behalf to get the funding you need as quickly as possible, and will always be on hand to answer questions, resolve issues and support your business.
IGF Commercial Finance
In their own words “IGF is proud to be different from the traditional model of a commercial finance company. We are not the biggest, nor the loudest; and the way we work with our clients may surprise many.”
• IGF has the best ratio of client managers to clients in the industry; 1:45 compared to typically 1:100 of our competitors.
• All of IGF’s senior management team have their direct phone numbers on the website.
• Our client retention is better than any of our competitors. On the rare occasion that a client has left to look for pastures new they often return to us quickly. When a client doesn’t need IGF anymore, we see that as a job well done.
Positive Cashflow Finance
Established in 2007 and now wholly owned by four directors with a wealth of experience in the industry
Positive Cashflow Finance provides funding to businesses looking for facilities from £10,000 to £1million. They offer a hands on bespoke service to clients, particularly ideal for those using invoice finance facilities for the first time or who may be experiencing a difficult relationship with their incumbent lender.
PCF offer a wide range of invoice finance facilities and underwrite all new business deals in house and pride themselves on being able to provide swift funding decisions ensuring there are no last minute surprises.
With offices in Manchester and Birmingham, the majority of their existing clients have historically been based in the North West & the Midlands. As our reputation has grown they have seen demand increase from businesses throughout the UK and are currently supporting around 200 businesses in a wide variety of sectors.
Pulse Cashflow Finance
Pulse Cashflow Finance are an experienced funding partner who work with businesses to provide working capital solutions to rectify the issues and help business grow.
Recipient of several invoice finance and receivables awards, Pulse Cashflow Finance have now delivered over £1bn of cashflow support since their founding 10 years ago.
Calverton support businesses turning over between £250k and £5million across the UK with flexible cash flow solutions.
Calverton can release up to 90% of the invoice value to you so you can pay suppliers, staff and any other business expenses, rather than waiting until your customer pays to access these funds.
Team Factors are an independent funder since 2010 who provide factoring and back-office solutions primarily to the SME market.
In their own words: “Our core strength is our size; it enables us to provide fast and flexible solutions that suit our client’s needs rather than having them to conform to ours.”
“Our business is very relationship driven with all prospects meeting and have access to board level staff throughout their lifecycle. We assist with funding of start-ups up to funding lines of GBP 750,000”
Hitachi Capital Invoice Finance
Hitachi Capital Invoice Finance has over 25 years’ experience within this market, and has have helped over 700 small and medium sized businesses grow and fulfil their potential.
Nucleus Commercial Finance
Nucleus Commercial Finance was founded to provide UK SMEs with alternative funding options. No bureaucracy, no rigidity: we support growing companies with the finance they need to flourish.
They are an alternative business funding specialist that offers the same credit facilities as a bank with all the flexibility of a Peer to Peer provider. Whether you need working capital, a bridging loan or finance for new business equipment, Nucleus have the financial expertise to structure alternative business funding that will help ensure your future success.
Investly pride themselves on the simplicity of their product. They charge between 1.5%-3.1% of the invoice value. That’s it. No other fees of any sort whatsoever! This rate is among the cheapest on the market.