Best Selective Invoice Finance Lenders for IT Services 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.
Funding Agent focuses on helping UK SMEs quickly compare finance options through a streamlined application and fast eligibility checks. It is generally suitable for businesses looking for flexible unsecured loans and working capital without needing collateral. The platform emphasises ease of use and quick decisions.
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
Skipton Business Finance specialises in asset-based lending solutions for UK SMEs, including invoice finance and cashflow loans. It suits businesses that require secured finance with flexible repayment options, often against assets like invoices. Its offerings aim to support varied industries with reliable cashflow funding.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Invoice Factoring, Invoice Discounting, Cashflow Loans
- Industries: Various
Pros
- Flexible financing options
- Strong reputation
Cons
- Limited information on APR
Kriya operates as a fintech provider offering invoice finance, working capital loans, and B2B PayLater facilities. It is suitable for businesses requiring quick liquidity solutions with flexible short-term repayment options. Its products are designed to help manage cash flow challenges efficiently.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: 1 to 3 months ⌛
Services & Industries
- Finance Types: Invoice Finance, Working Capital Loans
- Industries: Various
Pros
- Fast application process
- Flexible terms
Growth Lending focuses on providing substantial growth capital and term loans tailored to UK SMEs. It is suited for businesses seeking flexible repayment plans and larger loan amounts to support expansion or development projects. Collateral requirements and detailed terms vary, emphasising tailored solutions.
Loan Details
- Min Amount: £2,000,000
- Max Amount: £10,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Growth Capital, Term Loans, Invoice Discounting
- Industries: Various
Pros
- Large funding amounts
- Tailored growth solutions
Close Brothers offers a variety of lending services focusing on asset finance and commercial loans for UK SMEs. It is suitable for companies needing finance secured on equipment or assets, with flexible funding structures. The provider serves diverse industries with different loan options.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Asset Finance, Commercial Finance
- Industries: Various
Pros
- Wide range of lending options
- Trusted brand
Cons
- Less focus on invoice finance
Bibby Financial Services specialises in invoice finance as an independent UK provider. It is well-suited for SMEs seeking flexible cash flow solutions secured against invoices without extensive collateral requirements. Their services cover multiple sectors, offering tailored lending access.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Invoice Finance, Asset Based Lending
- Industries: Various
Pros
- Leader in invoice finance
- Supports a wide range of sectors
Cons
- Information on loan terms is limited
Lloyds Bank offers conventional business loans and overdrafts, fitting UK SMEs seeking bank-backed financing with flexible repayment schedules. This provider is generally suited for established businesses focused on expansion or equipment investment. Its products usually require some form of security or credit assessment.
Loan Details
- Min Amount: £1,000
- Max Amount: £1,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 25 years ⌛
Services & Industries
- Finance Types: Business Loans, Overdrafts
- Industries: Various
Pros
- Trusted bank
- Flexible repayment terms
Cons
- Limited invoice finance options
eCapital delivers customised financing to UK SMEs with an emphasis on speed and flexibility. Their options cater to businesses needing fast access to working capital and invoice finance without extensive collateral demands. The service targets varied business types requiring adaptable funding solutions.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Invoice Finance, Small Business Loans
- Industries: Various
Pros
- Bespoke solutions
- Quick funding
Cons
- Lack of detailed loan product information
Nucleus Commercial Finance delivers a range of flexible business loans designed for UK SMEs with varying funding needs. Their products are suitable for companies seeking straightforward application processes and adaptable repayment options. Loan security and terms depend on individual arrangements.
Loan Details
- Min Amount: £3,000
- Max Amount: £2,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Business Loans, Working Capital Loans
- Industries: Various
Pros
- Wide range of loan amounts
- Simple application process
Cons
- Limited information on loan terms
Ultimate Finance provides specialist asset-based lending with a focus on invoice finance for UK businesses. It is appropriate for SMEs requiring considerable loan amounts and flexible funding options, typically secured against business assets. The company supports varied industries with tailored finance solutions.
Loan Details
- Min Amount: £100,000
- Max Amount: £4,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Unknown ⌛
Services & Industries
- Finance Types: Asset Based Lending, Invoice Finance
- Industries: Various
Pros
- Specialist funding options
- Large loan capacities
Cons
- Limited information on APR
How to choose
When selecting a lender for selective invoice finance suitable for IT services companies, consider the balance between loan size and APR to match your financial capacity. Evaluate eligibility criteria carefully to ensure you qualify without unnecessary complications. Prioritise lenders offering flexibility in repayment schedules, especially to accommodate fluctuations in cash flow typical of service industries. Speed of access to funds can be crucial, so assess processing times alongside contract terms. Also review early repayment options and any associated fees. Finally, consider whether brokered access or direct lending better suits your business needs.
Conclusion
Choosing the right provider depends on your specific needs: banks often offer established products best for predictable terms, brokers like Funding Agent provide a range of options with quicker comparisons, and specialists focus on particular finance types such as asset-based or invoice finance. For funding needs around 200 thousand pounds loan or more, carefully weigh the trade-offs between collateral requirements, repayment flexibility, and speed of access. Funding Agent remains a practical option for SMEs seeking quick comparison on multiple finance solutions. Always verify the latest terms directly with lenders before proceeding.
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