Across 50 UK providers tracked, there is no single unit of price. 11 quote an annual rate, 12 quote a monthly rate, 4 quote a factor rate, and 6 publish no rate at all. Ranges below are grouped by unit, because a monthly rate, an annual rate and a factor rate cannot be compared directly and combining them produces a meaningless number.
Compiled from each lender's own website. Ranges are indicative and not offers. Lendus is an introducer, not a lender.
| How it is quoted | Published range | Lenders | What it means |
|---|---|---|---|
| Quoted per annum | 4% to 49.9% | 11 | Term lending and asset finance, priced as an annual rate. |
| Quoted per month | 0.54% to 6% | 12 | Bridging and short-term facilities. A monthly rate is not an APR and does not convert cleanly to one. |
| Quoted per month of invoice value | 0.8% to 3% | 2 | Invoice finance discount charges, applied to the advance for as long as the invoice is outstanding. A service fee is charged on top. |
| Quoted as a factor rate | 1.08x to 1.5x | 4 | Merchant cash advances. A multiplier on the advance, not a percentage and not an APR. |
Quoted per annum
Aldermore Bank, Allica Bank, Atelier Finance, Close Brothers, Funding Circle, LendingCrowd, Lombard, Novuna Business Finance, Shire Leasing, Start Up Loans, Tide
Quoted per month
Bizcap, Capital on Tap, CrowdProperty, Fleximize, LendInvest, Nucleus Commercial Finance, Octopus Real Estate, Precise Mortgages, Shawbrook Bank, Together, West One Loans, iwoca
Quoted per month of invoice value
Bibby Financial Services, Ultimate Finance
Quoted as a factor rate
365 Business Finance, Capify, Liberis, YouLend
Publish no rate at all
ANNA Money, Investec, Mettle, OakNorth Bank, Revolut Business, Starling Bank