April 14, 2026
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Best Selective Invoice Finance Lenders for Equipment Hire Companies

Discover the best selective invoice finance lenders for equipment hire companies in the UK. Improve your cash flow with flexible and reliable financing options tailored to your needs.
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Best Selective Invoice Finance Lenders for Equipment Hire Companies
Abdus-Samad Charles
Finance Writer

Abdus-Samad Charles is a finance writer and the Head of Content at Funding Agent, with four years’ experience creating practical, easy-to-follow, SEO-informed guidance for UK small and medium-sized businesses. He specialises in turning complex funding topics, like eligibility criteria, documentation requirements, approval timelines, and lender expectations, into clear, research-led resources that are easy to find and help business owners make confident, informed decisions.

Best Selective Invoice Finance Lenders for Equipment Hire Companies

For UK franchise buyers and operators, this guide compares loan periods and amounts, APRs, and terms across leading providers, with a focus on eligibility and fit. Amounts that could not be verified are left blank, prices accurate as of 2026-04-08.

1. Funding Agent

Funding Agent focuses on fast business finance comparison and eligibility matching for UK SMEs. It is suitable for operators seeking transparent options with straightforward application processes. The provider emphasises speed, simplicity, and unsecured lending options without collateral requirements.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 4%
  • Max APR: 20%
  • Loan Duration: 3–60 months ⌛

Services & Industries

  • Finance Types: Unsecured business loans, MCA Loans, Working capital
  • Industries: UK SME's

Pros

  • fastest and easiest application process
  • No collateral required

Cons

  • lower track record, only trading 1 year

Sources: Funding Agent

2. Kriya

Kriya provides invoice finance, PayLater, and working capital loans targeting general business needs. It is suitable for companies looking for flexible finance options with varying credit facilities. The service offers adaptable terms though some loan durations remain uncertain.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 6.9%
  • Max APR: 24.9%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Invoice Finance, Working Capital Loans
  • Industries: General business

Pros

  • Fast processing
  • Flexible terms

Cons

  • Limited loan amounts

Sources: Source

3. Growth Lending

Growth Lending specialises in growth capital and revolving credit for UK SMEs focusing on expansion initiatives. It suits businesses needing substantial loan amounts with flexible repayment options. The provider supports tailored credit facilities aligned to development goals without fixed APR or durations.

Loan Details

  • Min Amount: £2,000,000
  • Max Amount: £10,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Flexible ⌛

Services & Industries

  • Finance Types: Growth Capital, Revolving Credit Facilities
  • Industries: SMEs

Pros

  • Large loan amounts
  • Focus on growth initiatives

Cons

  • High minimum loan amount

Sources: Source

4. Skipton Business Finance

Skipton Business Finance specialises in asset-based lending including invoice factoring and discounting, suitable for a wide range of businesses. It fits companies needing flexible finance with collateral options to support borrowing. The lender focuses on adaptable repayment terms with established market presence.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Flexible ⌛

Services & Industries

  • Finance Types: Asset Finance, Invoice Factoring, Invoice Discounting
  • Industries: General business

Pros

  • Flexible funding options
  • Strong industry reputation

Cons

  • APR rates not disclosed

Sources: Source

5. Triver

Triver offers instant capital primarily through invoice financing solutions designed for SMEs. It is best suited for businesses seeking quick access to cash flow with invoice-backed loans. The provider emphasises speed and specialised SME funding, though it may have limited product variety.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £1,000,000
  • Min APR: 7.5%
  • Max APR: 23.5%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Invoice Finance, Cash Flow Loans
  • Industries: SMEs

Pros

  • Quick approval process
  • Specialized in SME funding

Cons

  • Limited to invoice financing

Sources: Source

6. Lloyds Bank

Lloyds Bank provides a broad range of business and equipment loans designed for general commercial purposes. It suits established businesses requiring secured or unsecured finance over longer terms. The bank emphasises robust underwriting, varied loan durations, and competitive rates.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 5%
  • Max APR: 15%
  • Loan Duration: 1 to 25 years ⌛

Services & Industries

  • Finance Types: Business Loans, Equipment Loans
  • Industries: General business

Pros

  • Established bank with a strong history
  • Wide range of financial products

Cons

  • Strict eligibility criteria

Sources: Source

7. Millbrook Business Finance

Millbrook Business Finance offers customised finance solutions tailored for business and asset lending needs. Its products suit SMEs seeking flexible loan structures with variable APRs. The provider focuses on quick decisions and personal service for fast turnaround times.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £500,000
  • Min APR: 8%
  • Max APR: 25%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Business Loans, Asset Finance
  • Industries: General business

Pros

  • Customizable finance solutions
  • Rapid turnaround

Cons

  • Higher APR for unsecured loans

Sources: Source

8. Swoop Funding

Swoop Funding acts as a broker connecting UK businesses to various funding sources including business loans and invoice finance. It is suitable for those seeking multiple finance options through a single access point. The service offers convenience and a broad market reach, with consideration of additional fees.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £10,000,000
  • Min APR: 8%
  • Max APR: 20%
  • Loan Duration: 1 to 15 years ⌛

Services & Industries

  • Finance Types: Business Loans, Invoice Finance
  • Industries: General business

Pros

  • Access to multiple funding sources
  • Helps reduce business costs

Cons

  • Acts as a broker, with additional fees

Sources: Source

9. Ultimate Finance

Ultimate Finance provides asset-based lending solutions adaptable to diverse business needs. It suits companies requiring flexible finance tailored to specific sectors or circumstances. The lender emphasises customised repayment plans with an experienced service approach.

Loan Details

  • Min Amount: £10,000
  • Max Amount: £5,000,000
  • Min APR: 7%
  • Max APR: 22%
  • Loan Duration: Flexible ⌛

Services & Industries

  • Finance Types: Asset Finance, Invoice Finance
  • Industries: Various

Pros

  • Experienced provider
  • Tailored solutions

Cons

  • High minimum loan threshold

Sources: Source

10. Close Brothers Commercial Finance

Close Brothers Commercial Finance offers flexible funding via invoice finance and asset-based lending for UK businesses. It is appropriate for those requiring tailored solutions with multiple funding structures. The company highlights adaptability and a strong market position in commercial finance.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 5.5%
  • Max APR: 18%
  • Loan Duration: Unknown ⌛

Services & Industries

  • Finance Types: Invoice Finance, Asset-Based Lending
  • Industries: General business

Pros

  • Wide range of finance solutions
  • Strong market presence

Cons

  • Rates can be high for lower credit

Sources: Source

How to choose

When selecting selective invoice finance lenders for equipment hire companies, assess the loan amount and APR relative to your business budget and cash flow cycles. Consider eligibility requirements and whether the lender offers the flexibility you need for seasonal demand variations. Evaluate repayment terms to align with your revenue patterns. Also, factor in the speed of funding and whether the lender requires collateral or offers unsecured options. Comparing fees and early repayment conditions helps avoid unexpected costs. Finally, ensure the provider's services suit equipment hire sector specifics such as asset-based lending or invoice discounting.

Conclusion

Matching the right lender depends on your business scale and financing goals. Banks typically provide security-backed loans ideal for established companies requiring longer terms. Brokers offer access to multiple providers and can simplify the search but may add fees. Specialist lenders focus on niche products like invoice finance or asset-backed funding suitable for equipment hire firms. Funding Agent remains a useful tool for quickly comparing options. For those seeking approximately 200 thousand pounds loan, ensure you confirm all terms and current pricing directly with providers before proceeding.

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FAQs

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1Funding AgentFunding Agent helps UK SMEs compare business finance options fast, with a simple application journey and quick eligibility matching.£10,000–£1,000,000; 4%–20% APR; 3–60 months
2KriyaKriya offers B2B PayLater, invoice finance, and working capital loans.£5,000–£500,000; 6.9%–24.9% APR; Unknown
3Growth LendingGrowth Lending provides tailored growth capital and revolving credit facilities to UK businesses.£2,000,000–£10,000,000; 0%–0% APR; Flexible
4Skipton Business FinanceSkipton Business Finance offers asset-based lending and various invoice finance solutions.£5,000–£1,000,000; 0%–0% APR; Flexible
5TriverTriver provides instant capital and invoice financing solutions for SMEs.£10,000–£1,000,000; 7.5%–23.5% APR; Unknown
6Lloyds BankLloyds Bank offers business loans to help UK businesses expand or invest in equipment.£1,000–£1,000,000; 5%–15% APR; 1 to 25 years
7Millbrook Business FinanceMillbrook provides bespoke finance solutions, including business loans and asset financing.£5,000–£500,000; 8%–25% APR; Unknown
8Swoop FundingSwoop Funding connects UK businesses with a range of funding options, including business loans and invoice finance.£5,000–£10,000,000; 8%–20% APR; 1 to 15 years
9Ultimate FinanceUltimate Finance offers asset-based lending tailored to the unique needs of businesses.£10,000–£5,000,000; 7%–22% APR; Flexible
10Close Brothers Commercial FinanceClose Brothers provides flexible funding solutions including invoice finance and asset-based lending to UK businesses.£5,000–£1,000,000; 5.5%–18% APR; Unknown
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