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Top 10 Lenders for a £650,000 Invoice Finance Loan in 2026
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Top 10 Invoice Finance Lenders for a £650,000 Facility — Compared
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | Treyd | Established B2B firms with £500k+ turnover seeking fast invoice advances. | £15,000 to £1,000,000 | interest 1.4% to 2.5% monthly |
| 2 | Finance for enterprise | Growing businesses preferring annual-rate invoice finance with broad facility sizes. | £1,000 to £2,000,000 | interest 6.5% to 13.5% annually |
| 3 | Waylog | Included for comparison; suits firms needing facilities up to £500,000. | £15,000 to £500,000 | interest 1.5% to 2.5% monthly |
| 4 | PennyFreedom | Rapid-access invoice finance for businesses within a £500,000 facility limit. | Up to £500,000 | interest 7.5% to 15% annually |
| 5 | WeDo Business Finance | Large enterprises needing flexible invoice finance at scale. | Up to £25,000,000 | interest 3.5% to 9.5% monthly |
| 6 | Time Finance | Mid-to-large firms seeking invoice discounting with annualised pricing. | Up to £5,000,000 | interest 5.5% to 13.5% annually |
| 7 | Metro Bank | Established businesses preferring bank-sourced invoice finance with fixed rates. | £2,000 to £25,000,000 | interest 9.6% to 9.6% annually |
| 8 | NatWest Bank | B2B firms with consistent turnover seeking bank invoice finance facilities. | £500 to £10,000,000 | interest 4.5% to 10.5% annually |
| 9 | 4syte | Versatile invoice finance for businesses across a wide turnover range. | £26,000 to £3,000,000 | interest 3% to 9.5% monthly |
| 10 | Liquid Link | B2B companies with two-plus years' trading and strong debtor books. | £30,000 to £1,000,000 | interest 6% to 13% annually |
Invoice finance lets businesses unlock cash tied up in unpaid B2B invoices. A lender advances a percentage of your outstanding sales ledger — typically 80% to 90% — giving you working capital without waiting for customers to pay. It suits established businesses that invoice other companies on credit terms and need to bridge the gap between issuing an invoice and receiving payment. A £650,000 facility supports medium to large firms managing substantial debtor books while preserving equity and avoiding fixed-term debt.
Choosing an invoice finance lender goes beyond comparing headline rates. Business owners should weigh whether the facility is disclosed to customers — factoring reveals the arrangement, while discounting keeps it confidential. Check the advance rate, which determines how much cash you receive against each invoice. Consider whether the lender offers recourse or non-recourse cover, affecting who bears default risk. Also examine service fees, contract length, and whether a dedicated relationship manager is included for a facility of this size.
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: Funds against unpaid invoices in as little as 24 hours, helping B2B firms with £3M-plus turnover keep supplier and inventory cycles moving while customers take time to pay. The monthly fee model suits businesses wanting a clear cost line tied to usage rather than an annual rate. Debtor quality and concentration determine how much of the ledger qualifies.
Best next step: Check eligibility for a £650,000 facility
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Advances within 24 hours
- Monthly pricing, no annual lock
- Supports stock and supplier cycles
Need to know
- Suitability tied to debtor quality
- Concentration limits may apply
- Monthly cost of 1.4% to 2.5%
Expert take
A trade-finance specialist that works well for importers and product-led B2B companies. Strong debtors and clean purchase-order records work in your favour for a £650,000 facility.
Source:https://www.treyd.io/
Finance for enterprise
Published loan range£1,000 to £2,000,000
Rate typeinterest 6.5% to 13.5% annually
Overview: Lends from £1,000 to £2,000,000 through invoice finance and revolving credit, making it a practical fit for mid-market B2B firms that need a £650,000 working-capital line. Annual interest from 6.5% to 13.5% keeps cost forecasting simple. Funding typically lands within three days. Expect affordability checks and possibly a personal guarantee.
Best next step: Compare terms for a £650,000 facility
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Annual rate, easy to forecast
- Funds available in three days
- Multi-product lender, room to grow
Need to know
- Personal guarantee may be needed
- Affordability checks required
- Usage costs can increase with draw
Expert take
An asset-based and invoice finance lender suited to established mid-market companies. A clean debtor book and stable trading history strengthen your application for a £650,000 facility.
Waylog
Published loan range£15,000 to £500,000
Rate typeinterest 1.5% to 2.5% monthly
Overview: Monthly interest from 1.5% to 2.5% means B2B firms pay only for the cash drawn against invoices, not for an unused facility. Funding lands in 24 hours. The lender works best where invoice quality is strong, debtor spread is healthy, and the business has consistent invoicing cycles.
Best next step: See if Waylog suits your invoice profile
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Monthly pricing, pay as you draw
- 24-hour funding turnaround
- Supports stock and supplier costs
Need to know
- Published range up to £500,000
- Invoice quality drives eligibility
- Debtor concentration is assessed
Expert take
A trade-focused invoice finance provider suited to product-led B2B companies. A clean debtor book and consistent invoicing cycle work in your favour.
Source:https://waylog.com/
PennyFreedom
Published loan rangeUp to £500,000
Rate typeinterest 7.5% to 15% annually
Overview: Turns unpaid invoices into cash in as little as two hours, suiting B2B companies facing tight supplier deadlines or sudden working-capital gaps. Annual interest from 7.5% to 15% keeps cost forecasting manageable. The lender focuses on invoice quality and debtor reliability rather than lengthy underwriting.
Best next step: Check fit for your invoice book
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funding in as little as 2 hours
- Annual interest rate structure
- Light-touch underwriting model
Need to know
- Published range up to £500,000
- Debtor quality matters most
- Suited to straightforward ledgers
Expert take
A fast-moving invoice finance provider that prioritises speed of funding. A clean ledger with reliable debtors works strongly in your favour.
WeDo Business Finance
Published loan rangeUp to £25,000,000
Rate typeinterest 3.5% to 9.5% monthly
Overview: Facilities reach up to £25,000,000 across invoice finance and related working-capital products. Monthly pricing from 3.5% to 9.5% scales with usage. Funding typically lands in 24 hours and suits B2B firms wanting a lender that can grow alongside their debtor book.
Best next step: Explore a £650,000 facility today
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities up to £25 million
- 24-hour funding speed
- Scalable as your book grows
Need to know
- Monthly rate of 3.5% to 9.5%
- Debtor spread is scrutinised
- Usage determines overall cost
Expert take
A large-capacity invoice finance provider built for medium and larger enterprises. A diverse and high-quality debtor book puts you in a strong position for a £650,000 facility.
Time Finance
Published loan rangeUp to £5,000,000
Rate typeinterest 5.5% to 13.5% annually
Overview: Combines invoice finance with revolving credit and asset-based lending, giving established B2B firms a flexible working-capital structure rather than a rigid term loan. Annual interest from 5.5% to 13.5% keeps costs predictable. Funding lands within 24 hours. Drawdowns flex with seasonal or growth-driven invoice volumes.
Best next step: Check your eligibility for this lender
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Blends invoice and asset finance
- Flexible drawdown structure
- 24-hour funding turnaround
Need to know
- Limits can be reviewed or reduced
- Asset eligibility checks apply
- Costs may rise with facility usage
Expert take
A multi-product lender blending invoice finance with asset-backed revolving facilities. Seasonal businesses or those with fluctuating invoice volumes benefit most from this structure.
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: A high-street bank offering invoice finance from £2,000 to £25,000,000, suited to established B2B firms that want a familiar institution behind a £650,000 working-capital facility. Annual interest at 9.6% provides a single, transparent rate. Bank underwriting is thorough, so expect detailed financial reviews and a longer process than alternative lenders.
Best next step: Compare with Metro Bank's invoice terms
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Established high-street brand
- Annual rate at 9.6%
- Broad product range available
Need to know
- Slower bank underwriting process
- Strong trading history required
- Security and legal costs apply
Expert take
A mainstream bank with broad lending capacity. Strong financials, a proven trading record, and clean debtor books carry significant weight with their credit team.
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: Annual interest from 4.5% to 10.5% makes this one of the lower-cost invoice finance options from a mainstream bank. Facilities run from £500 to £10,000,000. Revolving credit structures let B2B firms draw and repay in line with their invoice cycle. Bank-style underwriting applies, so expect thorough due diligence.
Best next step: See NatWest's eligibility criteria
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Competitive annual rates from 4.5%
- Revolving credit flexibility
- Facilities up to £10 million
Need to know
- Thorough bank underwriting required
- May require personal guarantee
- Legal and valuation costs possible
Expert take
A major clearing bank with competitive pricing on invoice finance. Established B2B firms with strong balance sheets and diversified debtor lists are their natural fit.
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: Invoice finance, trade finance, and asset-based lending sit under one roof, with monthly pricing from 3% to 9.5%. Facilities range from £26,000 to £3,000,000 and fund in 24 hours. B2B firms that hold stock alongside their debtor book get the most from this lender's multi-product approach.
Best next step: Assess 4syte's suitability for your needs
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- 24-hour funding available
- Covers trade and stock finance
- Secured and asset-based options
Need to know
- Monthly rate of 3% to 9.5%
- Security and asset checks apply
- Debtor book is closely reviewed
Expert take
A secured lending and trade finance provider that suits product-heavy B2B companies. A diverse debtor book and tangible stock assets work in your favour during underwriting.
Source:https://www.4syte.co.uk/
Liquid Link
Published loan range£30,000 to £1,000,000
Rate typeinterest 6% to 13% annually
Overview: Funds invoices within 24 hours at annual rates from 6% to 13%, suiting B2B firms that want a clean, no-frills invoice discounting or factoring facility. The lender advances against a broad range of B2B invoices. Final pricing and advance rates depend on debtor quality and invoice ageing.
Best next step: Compare Liquid Link's rates and terms
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Annual rate, easy cost planning
- 24-hour funding turnaround
- Simple invoice finance structure
Need to know
- Rate driven by debtor quality
- Invoice ageing is assessed
- Published range to £1 million
Expert take
A straightforward invoice finance provider suited to B2B firms wanting a no-frills facility. A well-managed ledger with prompt-paying debtors helps secure favourable terms.
Invoice Finance Calculator
How a £650,000 Invoice Finance Facility Works for B2B Companies
When you arrange a £650,000 invoice finance facility, you gain access to a revolving credit line secured against your outstanding sales invoices. Lenders typically advance between 75% and 90% of each invoice value. Liquid Link publishes a maximum LTV of 90%, while 4syte goes up to 75%. The headline facility size represents your total borrowing capacity, not a lump sum you receive upfront.
To sustain a £650,000 facility, your debtor book must be large enough to support it. With lenders advancing 75% to 90% per invoice, your total outstanding invoices at any time would need to range from roughly £720,000 to £870,000. This is why businesses seeking this level of funding typically generate annual turnover well above £3 million.
Lenders on this list with maximum facilities comfortably above £650,000 include Finance for Enterprise at £2,000,000, Time Finance at £5,000,000, NatWest Bank at £10,000,000, and WeDo Business Finance at £25,000,000. These providers have the capacity to support growing businesses that may need to increase their facility over time.
Recourse vs Non-Recourse Factoring at the £650,000 Level
At the £650,000 level, the choice between recourse and non-recourse factoring carries significant financial implications. With recourse factoring, your business retains the risk of non-payment by your customers. If a debtor fails to pay, the lender can reclaim the advance from you. This is the more common and affordable option.
Non-recourse factoring transfers the credit risk to the lender, who assumes responsibility for bad debts up to an agreed limit. This protection comes at a premium, adding roughly 0.5% to 1% to your service fee. For a facility of £650,000, that additional cost can be substantial. However, businesses with a small number of high-value debtors often find the protection worthwhile.
Most invoice finance providers on this list offer both options, though terms vary by provider. Lenders will assess your debtor quality before agreeing to non-recourse terms. Credit insurance underpins most non-recourse facilities, and the insurer must approve your debtor portfolio. High concentration with one customer can limit your non-recourse options.
Typical Costs and Discount Rates on a £650,000 Invoice Finance Facility
Invoice finance costs at the £650,000 level consist of two main charges: a service fee and a discount rate. The service fee covers credit control and administration, typically charged as a percentage of turnover. The discount rate is the interest charged on funds drawn down.
Among lenders on this list, rates vary significantly. Treyd publishes rates from 1.4% to 2.5% per month, while WeDo Business Finance ranges from 3.5% to 9.5% per month. For annual-rate lenders, Finance for Enterprise sits between 6.5% and 13.5% per year, Time Finance between 5.5% and 13.5% per year, and Liquid Link between 6% and 13% per year. NatWest Bank offers rates from 4.5% to 10.5% per year.
The rate you receive depends on your debtor quality, invoice volume, and facility utilisation. Businesses with strong debtors and consistent invoice flows typically access rates at the lower end of these ranges. Larger facilities like £650,000 often attract better pricing due to the volume of business involved, though your specific rate will reflect the lender's assessment of risk.
What B2B Companies Need to Qualify for a £650,000 Invoice Finance Limit
Lenders assess three main factors for a £650,000 facility: your turnover, your debtor book quality, and your trading history. Most providers require a minimum turnover. Treyd and WeDo Business Finance set the bar at £500,000, while Waylog requires £1,000,000 and 4syte asks for £300,000. In practice, sustaining a £650,000 facility typically demands annual turnover above £3 million.
Business age matters too. Treyd requires 12 months of trading, Waylog 18 months, and Liquid Link 2 years. 4syte accepts businesses from day one, though startups are unlikely to qualify for a facility of this size.
Your debtor profile carries significant weight. Lenders prefer a spread of creditworthy B2B customers paying on standard terms. Heavy concentration with one or two debtors can reduce the facility offered. All lenders on this list require a personal guarantee from directors, though most do not require homeownership. Metro Bank is the exception. Finance for Enterprise sets a minimum trade debtor threshold of £1,000, showing that even smaller individual invoices can be financed when aggregated.
