Top £900,000 Invoice Finance Lenders UK 2026 | Compare Rates & Facilities

Invoice finance allows your business to borrow against the value of unpaid customer invoices rather than waiting 30, 60, or 90 days for payment. With a £900,000 facility, the lender typically advances between 80% and 90% of the invoice value upfront — so against £1 million in outstanding invoices, you could access roughly £800,000 to £900,000 straight away. Once your customer settles the invoice, the lender releases the remaining balance, minus their agreed fee. This type of facility can be structured as invoice factoring, where the lender also manages your credit control and collections, or invoice discounting, where you retain responsibility for chasing payments confidentially.

To qualify for a £900,000 invoice finance facility, your business typically needs to be trading with other businesses (B2B) on credit terms and have a monthly turnover that supports that level of funding — often in the region of £1 million or more per month in invoiced sales. Lenders will assess the quality of your debtor book, the creditworthiness of your customers, and the sector you operate in. Businesses with a spread of customers are generally viewed more favourably than those overly reliant on a single client. Your company should also be UK-registered and able to demonstrate a clean trading history, though some providers may consider firms with minor adverse credit.

At the £900,000 level, invoice finance pricing is usually made up of two parts: a service fee and a discount charge. The service fee is a percentage of turnover — often negotiable for larger facilities — and covers the administration and credit control support. The discount charge is similar to interest and is applied to the funds you draw down, typically calculated as a margin above the Bank of England base rate. Because rates are individually priced based on your debtor book quality, trading history, and sector, it is important to request tailored quotes from several providers. You may also encounter arrangement fees, renewal fees, and minimum term commitments, so always review the full cost breakdown before signing.

Unlike a secured or unsecured business loan, which provides a fixed lump sum with set monthly repayments, invoice finance grows in line with your sales — meaning your funding can increase as your debtor book expands. This makes it particularly useful for businesses with strong revenue but slow-paying customers. Secured loans require tangible assets as collateral, while unsecured loans often have stricter affordability criteria and lower maximum limits. A revolving credit facility works similarly to invoice finance in that you only draw what you need, but it is typically secured against assets or a debenture, whereas invoice finance is secured specifically against your invoices. Invoice finance also tends to be faster to arrange than a secured loan and can be more accessible for businesses with limited physical assets.

When choosing a lender for a £900,000 facility, look beyond headline rates and examine the full offering. Key considerations include whether the provider has experience in your sector, the flexibility of their facility (such as selective or spot factoring options versus whole-turnover agreements), and the quality of their collections team if you are opting for factoring. Check for hidden charges like disbursement fees, unused facility fees, and early termination penalties. Ask about their funding limits per customer — also known as concentration limits — to ensure large invoices from key clients will not be restricted. Finally, review their service levels: a dedicated relationship manager and responsive drawdown process can make a significant difference to your daily cash flow management.

Once a facility is approved and the legal documentation is signed, initial drawdowns can often be made within 24 to 48 hours of submitting your first batch of invoices. Some lenders offer same-day funding for urgent requirements, particularly where systems are integrated. The initial setup process — from application to facility agreement — typically takes between two and four weeks, depending on the complexity of your debtor book and how quickly due diligence and legal checks are completed. To speed things up, have your management accounts, aged debtor reports, and customer contracts ready before you apply. Ongoing drawdowns after the facility is live are usually processed on the same day or the next working day.