Lendus.

Best Invoice Factoring Companies UK 2026

Every invoice finance provider on the Lendus panel, with the charges, facility size and minimum turnover each one publishes, plus 5 picks for specific jobs.

Last reviewed by the Lendus editorial team. Lendus is an introducer, not a lender.

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Invoice finance advances cash against invoices you have raised but not yet been paid for. It is priced in two parts, a discount charge applied to the money advanced for as long as the invoice is outstanding, plus a service fee, which is why one headline percentage tells you very little. Two providers on this panel publish that discount charge as a percentage of invoice value per month: Bibby Financial Services at 1% to 3% and Ultimate Finance at 0.8% to 2.5%. The rest quote per business. Minimum turnover is the other gate, and among the providers that publish one it runs from £100,000 to £250,000 a year.

Our top picks

5 of the 7 panel lenders below, chosen for a specific job. Every figure in these cards is read from that lender's own record. The full panel follows.

Best for full credit control

Bibby Financial Services

Bibby Financial Services publishes 1% to 3% of invoice value per month as its factoring discount charge, plus a service fee, on ledgers from £50,000 to £15 million. Facility setup typically takes 1 to 2 weeks and initial funding follows within 24 hours of the facility agreement. It asks for £100,000 of annual turnover, against the £250,000 published by Ultimate Finance and Close Brothers, prefers 6 months of trading but considers startups with strong order books, and says it lends against debtor quality rather than your own credit profile. Lendus has not confirmed its regulatory status against a primary source, so check the FCA Register before you commit.

Facility
£50k to £15m
Published rate
1% to 3%of invoice value per month
Trading history
6+ months preferred; startups with strong order books considered

Lendus has not confirmed this firm's regulatory status against a primary source. Check the FCA Register at register.fca.org.uk before you commit.

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Best for construction businesses

Ultimate Finance

Ultimate Finance publishes 0.8% to 2.5% of invoice value per month as its discount charge, plus a service fee, on £20,000 to £5 million, the lowest published discount charge in this table. It sets up in 5 to 10 working days with funding within 24 hours of activation, prefers 3 months of trading with invoice history, and asks for £250,000 of annual turnover for invoice finance. Its stated speciality is construction, where CIS, application-based invoicing and retentions defeat a lot of general providers. Lendus has not confirmed its regulatory status against a primary source, so check the FCA Register before you commit.

Facility
£20k to £5m
Published rate
0.8% to 2.5%of invoice value per month
Trading history
3+ months with invoice history preferred

Lendus has not confirmed this firm's regulatory status against a primary source. Check the FCA Register at register.fca.org.uk before you commit.

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Best for larger, established ledgers

Close Brothers

Close Brothers is an FTSE 250 bank with sector-specialist teams, and takes invoice finance alongside asset finance and lending on £10,000 to £5 million. Its published range of 5% to 18% per year is a lender-wide annual figure rather than an invoice finance discount charge, so ask for the discount charge and the service fee separately. It is the strictest here on eligibility, asking for 24 months of trading and £250,000 of turnover, and takes 3 to 5 working days. Close Brothers Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA, firm reference number 124750.

Facility
£10k to £5m
Published rate
5% to 18%per year
Trading history
24+ months
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Best for selective, on-demand funding

Kriya

Kriya advances up to 90% of an outstanding invoice with funds released within 24 hours of an approved upload, on facilities from £50,000 to £1 million, and describes its pricing as pay-as-you-use, which suits a business that wants to fund some invoices rather than assign a whole ledger. It publishes no rates, factor rates or representative APR at all, so no figure can be quoted here. It asks for 12 months of trading with at least one set of filed accounts. Kriya Finance Limited is supervised by the Financial Conduct Authority for anti-money laundering purposes, reference number 750199; that is AML supervision rather than full FCA authorisation for its lending products, and Kriya does not claim broader authorisation.

Facility
£50k to £1m
Published rate
No public rate card
Trading history
Minimum 12 months trading with at least one set of financial accounts filed for invoice finance and working capital loans. Kriya's PayLater product has a lower minimum of 3 months trading.
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Best for large asset-based facilities

Cynergy Business Finance

Cynergy Business Finance funds £200,000 to £40 million against receivables, stock, property and other business assets, so it suits a business that has outgrown a standard invoice finance line and wants receivables finance, inventory finance and cash flow lending from one place. It publishes no indicative rates, discount margins or factor rates, and it publishes no minimum trading history or turnover either, assessing each business individually. Its own asset-based lending is exempt from FCA and PRA regulation; it is a subsidiary of Cynergy Bank plc, which is separately authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the PRA under firm reference number 575105.

Facility
£200k to £40m
Published rate
No public rate card
Trading history
Not publicly stated by Cynergy Business Finance. Eligibility appears to be assessed on the strength of the underlying receivables, stock, property or other assets on a per-business basis rather than against a published minimum years-trading threshold.
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Every lender on our panel for this

Every provider on the Lendus panel whose record carries invoice finance. Two of them publish a discount charge as a percentage of invoice value per month and the rest quote per business, and a service fee is charged on top of the discount charge, so a rate in this table is never the whole price. Some of the rates shown are lender-wide rather than invoice finance specific, which the profile makes clear.

Lenders that publish a rate are listed first, then those that quote every deal individually. Within each group the order is alphabetical, so a lender's position in this table is not a score.

Lender Facility size Published rate Decision speed Minimum trading history Checked
Aldermore Bank £2k to £10m 4.5% to 20%per year Same-day decisions on asset finance up to £250,000; 3–5 days for larger deals 12+ months for most products
Bibby Financial Services £50k to £15m 1% to 3%of invoice value per month Facility setup typically 1–2 weeks; initial funding within 24 hours of facility agreement 6+ months preferred; startups with strong order books considered
Close Brothers £10k to £5m 5% to 18%per year Within 3–5 working days 24+ months
Ultimate Finance £20k to £5m 0.8% to 2.5%of invoice value per month Facility setup 5–10 working days; initial funding within 24 hours of activation 3+ months with invoice history preferred
Cynergy Business Finance £200k to £40m No public rate card Cynergy Business Finance describes its decision-making as fast, positive and assured, but does not publish a specific turnaround time (such as a number of hours or days) on its website as of August 2026. Not publicly stated by Cynergy Business Finance. Eligibility appears to be assessed on the strength of the underlying receivables, stock, property or other assets on a per-business basis rather than against a published minimum years-trading threshold.
Kriya £50k to £1m No public rate card Invoice finance: once approved, funds are advanced within 24 hours of uploading an invoice. Working capital loans: Kriya's own site states a member of the team will respond with an initial terms and pricing offer within 1 week of enquiry. Minimum 12 months trading with at least one set of financial accounts filed for invoice finance and working capital loans. Kriya's PayLater product has a lower minimum of 3 months trading.
White Oak UK £5k to £500k No public rate card White Oak UK states an average loan decision turnaround of around 4 hours, though this is not a guaranteed timescale for every deal. Not publicly stated; assessed as part of underwriting.

Figures are taken from each lender's own published material on the date shown and are indicative, not offers. Where a lender publishes no rate we say so rather than estimating one. A monthly rate and a factor rate are not APRs and do not convert cleanly into one.

A lender's published rate can cover more than one of its products. Each lender's profile carries the full note, including which product the figure applies to and any fees charged on top.

† Lendus has not confirmed the regulatory status of Bibby Financial Services, Ultimate Finance against a primary source, so this page makes no regulatory claim about them. Check the FCA Register at register.fca.org.uk before you commit to any lender.

How this list is built, and what "best" means here

Reviewed 25 August 2026. This page is built from the Lendus lender panel rather than from a shortlist. Every provider whose record carries invoice finance appears in the table below, in an order generated from the records themselves: lenders that publish a rate come first, then lenders that quote every deal individually, alphabetically within each group. Position in that table is not a score. The picks above it are editorial, and "best" here means best for a stated job, such as the published discount charge, the lowest turnover requirement, or a sector the provider specialises in. The reason is written next to each pick, so you can disagree with it. We do not score lenders out of 5 and we do not rank them against one another, because the right lender depends on your size, your trading history and what you are funding. Rates, facility sizes, decision times and eligibility are taken from each lender's own published material on the date shown against it, and are indicative rather than offers. Where a lender publishes no rate, we print that rather than estimating one, and we print a rate in the unit the lender quotes it in, because a monthly rate and a factor rate are not APRs. We make no statement about a firm's regulatory status unless we have confirmed it against a primary source and recorded that source on the lender's own page; where we have not, we say so and point you to the FCA Register.

Lendus receives a commission or referral fee from brokers and lenders when a business we introduce goes on to receive funding. It does not affect the rates you are offered, and it cannot affect the order of the table above, which is generated from the lender records rather than set by hand.

Frequently asked questions

How is this list put together?
There is no shortlist. Every provider on the Lendus panel whose record carries invoice finance is in the table, so the list is decided by what is on the panel rather than by an editor. The order is generated: providers that publish a rate first, then those that quote per business, alphabetically within each group. The picks at the top are the editorial part of the page, chosen for a specific job and explained in a sentence each, and their figures are read from the same lender records as the table so a pick cannot quietly disagree with the row below it.
What is the difference between factoring and invoice discounting?
With factoring the provider runs your sales ledger and chases your customers, so your customers know a third party is involved. With invoice discounting you keep the ledger and the customer relationships and the facility is normally confidential. Discounting usually requires a larger turnover and a credit control function the provider trusts, which is why it tends to be offered further up the turnover scale. Most providers in this table offer both, and which one you are offered is usually decided by the size and quality of your debtor book rather than by your preference.
Can I apply through Lendus?
Yes. Lendus is an introducer, not a lender: we pass your details to FCA-authorised brokers and lending partners who arrange invoice finance. Pricing here has two parts, a discount charge and a service fee, so ask any provider for both before comparing it with another.
How often is this list updated?
Each lender record carries its own last checked date, shown in the last column of the table, and the page as a whole was last reviewed on 25 August 2026. Most records on this panel were rechecked against the lenders' own published material on 23 August 2026. Invoice finance pricing is quoted per business more often than it is published, so treat the two published discount charges in this table as a reference point rather than a quote.
Do I need a minimum turnover to qualify?
Usually, and this panel publishes real figures rather than a rule of thumb. Bibby Financial Services publishes £100,000 of annual turnover as its minimum for most invoice finance facilities. Ultimate Finance publishes £250,000 for invoice finance. Close Brothers publishes £250,000. Kriya publishes no fixed minimum and its own enquiry form starts at a bracket below £500,000. Cynergy Business Finance publishes no minimum turnover but funds from £200,000 upwards, which is a floor of a different kind. The requirement every provider shares is that you invoice other businesses on credit terms.

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