April 14, 2026
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Best Selective Invoice Finance Lenders for Timber and Steel Stockholders

Discover the best selective invoice finance lenders tailored for timber and steel stockholders in the UK. Improve cash flow and manage your business finances with trusted lenders.
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Best Selective Invoice Finance Lenders for Timber and Steel Stockholders
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 Timber and Steel Stockholders

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 offers a brokered service focusing on comparing business finance options for UK SMEs. It is typically suited for those seeking fast access to working capital with options that do not require collateral. Their service emphasises speed and simplicity in eligibility matching with various repayment types available.

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. Lloyds Bank

Lloyds Bank provides mainstream bank business loans focusing on longer-term lending to UK companies. It is generally suited for established businesses seeking to invest in equipment and expansion with repayments typically spread over multiple years. The offering involves formal application processes requiring credit checks and may include secured lending options.

Loan Details

  • Min Amount: £1,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1 to 25 years

Services & Industries

  • Finance Types: Business Loans, Overdrafts
  • Industries: Multiple sectors

Pros

  • High loan amounts
  • Long-term repayment options

Cons

  • Requires good credit history
  • Long application process

Sources: Source

3. Bibby Financial Services

Bibby Financial Services specialises in invoice finance and factoring solutions aimed at improving cash flow for UK businesses. Its products are typically suited for companies looking to leverage outstanding invoices without fixed asset collateral. The provider offers flexible funding mechanisms with options adapted to different business sectors.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Invoice Finance, Factoring
  • Industries: Business Services, Construction

Pros

  • Flexible funding options
  • Suitable for various industries

Cons

  • Requires more documentation
  • Can be expensive for small loans

Sources: Source

4. Skipton Business Finance

Skipton Business Finance offers asset-based lending primarily for SMEs seeking to unlock working capital against receivables and physical assets. This is suited to businesses with tangible collateral aiming for more flexible funding terms. They provide lending structures with different repayment and security options depending on client needs.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Asset-Based Lending, Invoice Finance
  • Industries: SMEs

Pros

  • Specialises in SMEs
  • Fast approval process

Cons

  • Limited to businesses with assets
  • Higher interest rates

Sources: Source

5. Ultimate Finance

Ultimate Finance is a specialist provider focusing on asset-based lending and invoice finance tailored to business requirements. It is suitable for companies across various sectors that require customised funding solutions. The service often involves secured lending with negotiable repayment terms and flexibility.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 1 to 5 years

Services & Industries

  • Finance Types: Asset-Based Lending, Invoice Finance
  • Industries: Multiple sectors

Pros

  • Tailored solutions
  • High loan amounts

Cons

  • Requires collateral
  • Not suitable for startups

Sources: Source

6. Close Brothers

Close Brothers provides asset finance focusing on hire purchase and leasing options for SMEs. It is well-suited for businesses seeking flexible finance secured against assets, with varied repayment plans. The provider emphasises tailored funding that matches the asset type and business cash flow cycles.

Loan Details

  • Min Amount: £0
  • Max Amount: £0
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Unknown

Services & Industries

  • Finance Types: Asset Finance, Hire Purchase, Leasing
  • Industries: SMEs

Pros

  • Flexible funding solutions
  • High asset value loans

Cons

  • Requires assets for collateral
  • Complex terms

Sources: Source

7. Aldermore Bank

Aldermore Bank offers flexible business finance solutions including asset-based lending and invoice finance designed for a variety of sectors. It suits businesses that require tailored lending options with varying loan durations and flexible repayment structures. The provider often considers collateral value and business financials for approval.

Loan Details

  • Min Amount: £25,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: 3 months to 5 years

Services & Industries

  • Finance Types: Asset-Based Lending, Invoice Finance
  • Industries: Multiple sectors

Pros

  • Tailored to client needs
  • Diverse finance options

Cons

  • Requires good financials
  • Higher rates for higher risk

Sources: Source

8. Time Finance

Time Finance provides flexible financing for UK businesses including asset and invoice finance. It is suited for companies seeking adaptable funding with repayment terms that accommodate various business requirements. The provider's offerings often allow for customised solutions based on client operation and risk profile.

Loan Details

  • Min Amount: £50,000
  • Max Amount: £500,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Up to 5 years

Services & Industries

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

Pros

  • Flexibility in funding
  • Suitable for larger loans

Cons

  • Limited to certain regions
  • Requires established business

Sources: Source

9. Capify

Capify specialises in offering fast and flexible small business loans, including merchant cash advances. It suits businesses needing quick funding access with adaptable terms, often without extensive security requirements. Their focus is on speed and flexibility for a range of industries including retail and hospitality.

Loan Details

  • Min Amount: £5,000
  • Max Amount: £1,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Short to Medium term

Services & Industries

  • Finance Types: Small Business Loans, Merchant Cash Advance
  • Industries: Retail, Hospitality, Healthcare

Pros

  • Fast funding process
  • Flexible terms

Cons

  • Higher interest rates
  • Limited eligibility

Sources: Source

10. Nucleus Commercial Finance

Nucleus Commercial Finance offers a range of secured and unsecured loans, including invoice finance, for UK businesses. Its products suit companies seeking diverse lending solutions with flexible terms tailored to individual requirements. The provider focuses on rapid decision-making with consideration for business risk and loan purpose.

Loan Details

  • Min Amount: £3,000
  • Max Amount: £2,000,000
  • Min APR: 0%
  • Max APR: 0%
  • Loan Duration: Various terms available

Services & Industries

  • Finance Types: Secured Loans, Unsecured Loans, Invoice Finance
  • Industries: Multiple industries

Pros

  • Diverse financing options
  • Rapid decision-making

Cons

  • Higher fees
  • Extensive paperwork

Sources: Source

How to choose

When selecting selective invoice finance lenders for timber and steel stockholders, consider the loan amount and APR that align with your business budget. Evaluate eligibility criteria carefully to ensure your company fits the lender’s profile. Balance the need for application speed against flexibility in repayment terms. Check whether collateral or security is required and confirm the loan-to-value ranges offered. Be mindful of fees, early repayment conditions, and how funding aligns with the seasonality of your stockholding business.

Conclusion

Choosing the right lender depends on your specific financing needs. Bank providers typically offer longer-term finance with secured options suited to established businesses. Brokers like Funding Agent provide access to multiple lenders quickly, focusing on unsecured loans and speed. Specialists target niche markets or asset-backed funding with tailored solutions. Understanding these differences will help you match the right provider to your timber or steel stockholding finance requirements, whether for working capital or asset-backed lending.

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FAQs

What is selective invoice finance?
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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
2Lloyds BankLloyds Bank offers a variety of business loans to help UK businesses expand or invest in equipment, with repayment terms starting from 1 year.£1,000–£1,000,000; 0%–0% APR; 1 to 25 years
3Bibby Financial ServicesBibby Financial Services is a leading independent invoice finance specialist providing cash flow funding for over 8,500 businesses in the UK.£0–£0; 0%–0% APR; Unknown
4Skipton Business FinanceSkipton Business Finance offers asset-based lending to help UK SMEs unlock working capital through receivables and assets.£0–£0; 0%–0% APR; Unknown
5Ultimate FinanceUltimate Finance is a specialist in asset-based lending and provides tailored funding solutions to meet the needs of businesses.£5,000–£1,000,000; 0%–0% APR; 1 to 5 years
6Close BrothersClose Brothers provides asset finance to UK SMEs with flexible funding options including hire purchase and leasing.£0–£0; 0%–0% APR; Unknown
7Aldermore BankAldermore Bank delivers flexible business finance options, offering asset-based lending and invoice finance tailored to business needs.£25,000–£2,000,000; 0%–0% APR; 3 months to 5 years
8Time FinanceTime Finance offers flexible business financing solutions, including asset and invoice finance, to UK companies.£50,000–£500,000; 0%–0% APR; Up to 5 years
9CapifyCapify specializes in providing fast and flexible business loans with amounts ranging from £5k to £1m and same-day funding availability.£5,000–£1,000,000; 0%–0% APR; Short to Medium term
10Nucleus Commercial FinanceNucleus Commercial Finance offers a range of business loan options with flexible terms, from small to medium funding amounts.£3,000–£2,000,000; 0%–0% APR; Various terms available