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Top 10 £200,000 Invoice Finance Lenders UK 2026
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10 Best £200,000 Invoice Finance Lenders Compared
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | Treyd | Established B2B firms needing fast invoice funding with monthly pricing | £15,000 to £1,000,000 | interest 1.4% to 2.5% monthly |
| 2 | Waylog | Larger B2B businesses seeking confidential invoice discounting at scale | £15,000 to £500,000 | interest 1.5% to 2.5% monthly |
| 3 | Finance for enterprise | B2B businesses wanting flexible invoice finance with annual interest rates | £1,000 to £2,000,000 | interest 6.5% to 13.5% annually |
| 4 | eCapital | Growing B2B firms needing rapid access to invoice-based working capital | Up to £500,000 | interest 7% to 14.5% annually |
| 5 | PennyFreedom | B2B businesses seeking quick invoice funding with straightforward annual pricing | Up to £500,000 | interest 7.5% to 15% annually |
| 6 | WeDo Business Finance | Established B2B firms requiring larger invoice finance facilities with flexible terms | Up to £25,000,000 | interest 3.5% to 9.5% monthly |
| 7 | Time Finance | Mid-market B2B businesses seeking invoice finance with annual rate structures | Up to £5,000,000 | interest 5.5% to 13.5% annually |
| 8 | Metro Bank | B2B firms wanting bank-backed invoice finance with fixed annual pricing | £2,000 to £25,000,000 | interest 9.6% to 9.6% annually |
| 9 | NatWest Bank | B2B businesses preferring high-street bank invoice finance with competitive rates | £500 to £10,000,000 | interest 4.5% to 10.5% annually |
| 10 | 4syte | B2B firms of any trading age needing invoice finance with monthly pricing | £26,000 to £3,000,000 | interest 3% to 9.5% monthly |
Invoice finance lets a business unlock cash held in unpaid customer invoices by borrowing against their value instead of waiting for payment terms to expire. For established B2B businesses issuing regular invoices to creditworthy customers, this approach provides predictable working capital without surrendering equity or pledging physical assets. A £200,000 facility can fund new contracts, stock purchases, or bridge the gap between invoicing and collection.
Comparing lenders goes beyond headline rates. Key factors include the advance rate offered on each invoice, typically 80 to 95 per cent, whether the facility is confidential invoice discounting or disclosed factoring, and the discount charge applied to drawn funds. Minimum turnover thresholds and trading history requirements vary between providers. At the £200,000 facility level, lenders may also review debtor concentration and the spread of your sales ledger before setting terms.
Important note:
Funding Agent
Published loan rangeFrom £10,000 to up to £1,000,000
Rate typeInterest from 6.8% annually
Why it is included:It is included because many business owners need to compare several finance routes before choosing where to apply.
Funding Agent can help businesses compare suitable options across a lender panel, especially when eligibility depends on turnover, sector, trading history, credit strength and available documents.
Best use case: When the borrower wants to avoid applying to one lender at a time.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Why it stands out
- Useful when a business wants to compare lender fit rather than guess which lender to apply to first.
- Can help position the application around the funding purpose, trading profile and available documents.
- Works well as a conversion route for readers who are unsure whether a direct lender will approve a larger unsecured facility.
Need to know
- Funding Agent is a broker, not a lender.
- The lender, not Funding Agent, sets the final rate, term, fees and approval decision.
- The best match may be unsecured, secured, revolving credit, invoice finance or another product depending on the case.
Expert take
Funding Agent is a useful honourable mention for business owners who want to compare lender options before submitting a full application. A larger unsecured loan is not always approved by the first lender a business finds, so understanding lender fit early can reduce wasted time and avoid unnecessary declines.
Treyd
Published loan range£15,000 to £1,000,000
Rate typeinterest 1.4% to 2.5% monthly
Overview: Treyd funds within 24 hours, releasing working capital from unpaid B2B invoices before customers pay. It works well for businesses that need to cover inventory or supplier costs while waiting on debtor payments. Monthly interest charges apply, so it suits short-term use rather than facilities left open for extended periods.
Best next step: Turn unpaid invoices into working capital within 24 hours.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Same-day funding available on approval
- Covers inventory and supplier payment gaps
- Facilities from £15,000 to £1 million
Need to know
- Monthly interest from 1.4% to 2.5%
- Best suited to short-term invoice cycles
- Debtor quality affects approval and terms
Expert take
Treyd operates a fast-turnaround invoice finance model geared toward inventory-heavy B2B businesses. For a £200,000 facility, its speed works in the borrower's favour if debtor quality and invoice volume are strong enough to support the advance.
Source:https://www.treyd.io/
Waylog
Published loan range£15,000 to £500,000
Rate typeinterest 1.5% to 2.5% monthly
Overview: Monthly rates start at 1.5%, which keeps the cost of invoice finance competitive for businesses turning over regular B2B sales. Waylog releases funds within 24 hours against unpaid invoices, helping cover supplier payments or trade cycles. The facility suits trading businesses with consistent debtor books, though concentration risk will shape the advance rate offered.
Best next step: Release invoice value within 24 hours of approval.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Competitive monthly rates from 1.5%
- Funds released within a single working day
- Supports supplier and trade cycle funding
Need to know
- Monthly interest from 1.5% to 2.5%
- Advance rate depends on debtor spread
- Maximum facility of £500,000
Expert take
Waylog is a trade-focused invoice finance provider suited to businesses with steady B2B sales. For a £200,000 facility, the competitive starting rate and quick turnaround work well, provided the debtor book is diversified and customer payment terms are favourable.
Source:https://waylog.com/
Finance for enterprise
Published loan range£1,000 to £2,000,000
Rate typeinterest 6.5% to 13.5% annually
Overview: Finance for enterprise covers invoice finance facilities from £1,000 to £2 million, giving B2B businesses room to grow without switching lenders. Annual interest between 6.5% and 13.5% makes costs predictable over longer periods. Funding typically lands within three days. Stronger trading history and affordability evidence may be required at underwriting.
Best next step: Access invoice finance from £1,000 to £2 million.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Annual interest pricing for cost predictability
- Facilities available up to £2 million
- Flexible drawdown for seasonal working capital
Need to know
- Annual rates from 6.5% to 13.5%
- Funding typically takes three working days
- Strong trading history often required
Expert take
Finance for enterprise runs a flexible lending model spanning invoice finance, asset finance and revolving credit. For a £200,000 invoice facility, the annual pricing structure and scope for growth serve established B2B businesses with consistent turnover well.
eCapital
Published loan rangeUp to £500,000
Rate typeinterest 7% to 14.5% annually
Overview: eCapital can release funds in as little as an hour, making it one of the fastest invoice finance options for businesses facing urgent working capital pressure. Annual rates from 7% to 14.5% bring cost clarity over the facility term. The product turns unpaid B2B invoices into accessible cash, though the advance rate and terms will depend heavily on debtor quality and concentration.
Best next step: Get invoice finance funding in as little as one hour.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funding possible within one hour of approval
- Annual interest rates for clear cost planning
- Facilities available up to £500,000
Need to know
- Annual rates from 7% to 14.5%
- Debtor quality drives advance rate offered
- Maximum facility of £500,000
Expert take
eCapital is a speed-led invoice finance lender built for businesses that cannot wait days for funding. For a £200,000 facility, the one-hour turnaround is its standout feature, suiting B2B firms with urgent supplier or payroll deadlines.
Source:https://ecapital.com/en-gb/
PennyFreedom
Published loan rangeUp to £500,000
Rate typeinterest 7.5% to 15% annually
Overview: Annual rates from 7.5% make PennyFreedom a cost-competitive option for established B2B businesses seeking invoice finance. Funds can be released within two hours, combining speed with predictable annual pricing. The facility works against unpaid invoices from creditworthy customers. A thinner debtor spread or weaker customer credit may limit the advance available.
Best next step: Access invoice finance at competitive annual rates from 7.5%.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Annual rates starting from 7.5%
- Funding available within two hours
- Facilities up to £500,000 available
Need to know
- Annual rates from 7.5% to 15%
- Advance depends on debtor credit quality
- Maximum facility of £500,000
Expert take
PennyFreedom is a mid-market invoice finance provider with competitive annual rates. For a £200,000 facility, two-hour funding and pricing from 7.5% suit established B2B firms with solid debtor books.
WeDo Business Finance
Published loan rangeUp to £25,000,000
Rate typeinterest 3.5% to 9.5% monthly
Overview: WeDo Business Finance can fund facilities up to £25 million, suiting growing B2B businesses that may need to scale their working capital facility. The lender releases funds within 24 hours against unpaid invoices. Monthly interest charges range from 3.5% to 9.5%, so cost control matters, particularly for facilities left open across longer payment cycles.
Best next step: Unlock working capital with facilities up to £25 million.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facility headroom up to £25 million
- Funds released within 24 hours
- Suitable for growing B2B trading businesses
Need to know
- Monthly interest from 3.5% to 9.5%
- Costs rise on longer invoice cycles
- Debtor quality affects advance rates
Expert take
WeDo Business Finance is a high-capacity invoice finance provider built for businesses with ambitious growth plans. For a £200,000 facility, the scale of available headroom and 24-hour funding serve B2B firms anticipating rising invoice volumes well.
Time Finance
Published loan rangeUp to £5,000,000
Rate typeinterest 5.5% to 13.5% annually
Overview: Time Finance combines invoice finance with revolving credit, giving established B2B businesses flexible access to working capital as invoices are raised and paid. Annual rates between 5.5% and 13.5% keep costs predictable. Funding lands within 24 hours. The revolving structure suits seasonal or repeat working capital needs, though limits can be reviewed or adjusted as trading conditions change.
Best next step: Flexible invoice and revolving credit from 5.5% annually.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Revolving credit structure for repeat drawdowns
- Annual rates from 5.5% for predictability
- Funding within 24 hours of approval
Need to know
- Annual rates from 5.5% to 13.5%
- Facility limits subject to periodic review
- Debtor quality shapes advance rate offered
Expert take
Time Finance blends invoice finance with revolving credit for established B2B firms. For a £200,000 facility, annual pricing from 5.5% and repeat drawdown capability suit businesses with seasonal or cyclical invoice flows.
Source:https://www.timefinance.com/
Metro Bank
Published loan range£2,000 to £25,000,000
Rate typeinterest 9.6% to 9.6% annually
Overview: Metro Bank offers invoice finance as part of a broader business banking relationship, suiting established B2B firms that value working with a recognised high-street lender. Annual pricing is fixed at 9.6%, which brings clarity but may not undercut specialist providers. Facilities stretch to £25 million. Underwriting tends to be thorough, so expect a more detailed application process than with alternative funders.
Best next step: Invoice finance from a recognised high-street business bank.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Fixed annual rate of 9.6% for certainty
- Facilities available up to £25 million
- Part of a wider business banking relationship
Need to know
- Bank underwriting can be slower and stricter
- Fixed annual rate of 9.6% applies
- Strong trading history typically required
Expert take
Metro Bank is a high-street lender offering invoice finance alongside full business banking. For a £200,000 facility, the fixed 9.6% annual rate suits established firms that value a banking relationship over speed.
Source:https://www.metrobankonline.co.uk/business/borrowing/
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NatWest Bank
Published loan range£500 to £10,000,000
Rate typeinterest 4.5% to 10.5% annually
Overview: NatWest prices invoice finance from 4.5% annually, making it one of the more affordable bank-backed options for qualifying B2B firms. Facilities reach £10 million with a revolving structure that suits seasonal working capital needs. Funding lands within 24 hours. Bank-grade underwriting demands strong trading history and affordability evidence, so approval may take longer than with specialist lenders.
Best next step: Lower-cost invoice finance from 4.5% annually with NatWest.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Low starting annual rate of 4.5%
- Revolving facility up to £10 million
- Funding available within 24 hours
Need to know
- Annual rates from 4.5% to 10.5%
- Strong trading history and affordability needed
- Bank underwriting may extend approval times
Expert take
NatWest is a mainstream business bank with competitively priced invoice finance. For a £200,000 facility, the 4.5% starting rate and revolving structure benefit established B2B firms with clean debtor books willing to navigate bank underwriting.
Source:https://www.natwest.com/business/loans-and-finance.html
4syte
Published loan range£26,000 to £3,000,000
Rate typeinterest 3% to 9.5% monthly
Overview: 4syte funds invoice finance facilities from £26,000 to £3 million, covering mid-range working capital needs for B2B businesses with established debtor books. Monthly rates run from 3% to 9.5%, so cost varies with risk profile. Funding turns over within 24 hours. The lender can also support trade and stock finance, making it a broader option for businesses managing inventory alongside receivables.
Best next step: Invoice finance from £26,000 with 24-hour funding turnaround.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities available from £26,000 to £3 million
- Funding released within 24 hours
- Can support trade and stock finance needs
Need to know
- Monthly interest from 3% to 9.5%
- Debtor quality and spread affect terms
- May require security for larger facilities
Expert take
4syte runs an asset-based lending model covering invoice finance and trade funding. For a £200,000 facility, 24-hour turnaround and inventory support suit stock-heavy B2B firms.
Source:https://www.4syte.co.uk/
Invoice Finance Calculator
How a £200,000 invoice finance facility works for UK B2B businesses
A £200,000 invoice finance facility lets your business draw up to that amount against outstanding invoices. You do not borrow the full sum as a lump sum. Instead, the lender advances a percentage of each invoice you submit, typically between 75% and 95%. For example, eCapital publishes an advance rate of up to 90%.
You issue an invoice to a creditworthy customer, the lender releases the agreed percentage within 24 to 48 hours, and the balance (minus fees) arrives when your customer pays. The facility revolves, so as you raise new invoices and collect payments, you can keep drawing funds.
For a £200,000 facility, your sales ledger needs to be large enough to support that level of funding. If your advance rate is 80%, you would need roughly £250,000 in outstanding invoices at any time to fully utilise the facility. Most lenders also require you to assign your invoices to them and may ask for a debenture over company assets.
Eligibility for a £200,000 invoice finance facility: turnover and trading history
Lender requirements vary, but several clear patterns emerge at the £200,000 facility level. Minimum turnover is a key filter. NatWest and 4syte both set a threshold at £300,000. Treyd and WeDo Business Finance require £500,000. Waylog asks for £1,000,000. At the lower end, eCapital accepts businesses turning over £60,000.
Trading history also matters. Treyd requires at least one year of trading, while Waylog expects 18 months. Many lenders do not publish a minimum, but expect to show at least six months of invoicing history and a clean ledger.
Your debtors must be creditworthy. Lenders will assess your customer concentration. If one client represents more than 30% to 40% of your ledger, some funders may cap or exclude those invoices. Personal guarantees are standard across all ten lenders listed, and most do not require homeownership, though Metro Bank does.
Invoice discounting vs factoring: which suits a £200,000 facility?
The choice between invoice discounting and factoring matters at the £200,000 level. With invoice discounting, you retain control of your sales ledger and credit control. Your customers never know a lender is involved. This suits businesses with an in-house finance function and established debtor relationships.
Factoring adds a service layer. The lender takes over chasing payments and managing your sales ledger. This frees up your team but makes the arrangement visible to customers. Some businesses prefer the confidentiality of discounting; others value the administrative relief factoring provides.
At £200,000, you are likely to qualify for either option, though discounting usually requires a stronger credit control track record. Lenders such as Time Finance and NatWest offer both structures. If you sell to large corporate or public-sector customers, factoring is worth considering because those debtors are accustomed to third-party involvement and seldom object to the arrangement.
What a £200,000 invoice finance facility costs in fees and discount charges
Invoice finance costs break into two parts: a service fee for running the facility and a discount charge on the funds you draw. Rates vary widely across lenders. NatWest publishes annual interest from 4.5% to 10.5%, Time Finance from 5.5% to 13.5%, and Finance for Enterprise from 6.5% to 13.5%. At the higher end, PennyFreedom starts at 7.5% annually and reaches 15%.
Several lenders quote monthly rates instead. Treyd charges 1.4% to 2.5% per month, Waylog 1.5% to 2.5%, and 4syte 3% to 9.5%. WeDo Business Finance sits between 3.5% and 9.5% per month. Metro Bank publishes a flat 9.6% per year.
For a £200,000 facility, the cost gap between the lowest and highest rates is significant. A facility at 5% per year costs around £10,000 in annual discount charges if fully drawn, while one at 15% per year costs £30,000. Always compare the total annual cost, including service fees, before deciding.
