Best Selective Invoice Finance Lenders for Tradespeople and Contractors
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 a variety of business finance options through an easy application process. It is typically suitable for businesses seeking unsecured loans with straightforward eligibility and no collateral. The platform offers speed and flexibility, supporting different repayment types and loan durations.
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
Lloyds Bank Invoice Finance offers a range of invoice finance products aimed at improving cash flow by leveraging outstanding invoices. It is generally suitable for established businesses seeking tailored finance solutions. The bank provides a variety of terms and options, with flexibility depending on business performance and collateral availability.
Loan Details
- Min Amount: £1,000
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Invoice Factoring, Invoice Discounting
- Industries: General Business
Pros
- Trusted bank with a wide range of financial products
- Comprehensive business support
Cons
- Variable loan terms based on business performance
Swoop Funding provides access to various loan and invoice finance options designed for SMEs across sectors like construction and services. It is suitable for businesses seeking broad financing choices with varying repayment terms. The platform offers competitive speed and some flexibility, although specific loan conditions depend on the product.
Loan Details
- Min Amount: £5,000
- Max Amount: £10,000,000
- Min APR: 8%
- Max APR: 0%
- Loan Duration: Up to 15 years ⌛
Services & Industries
- Finance Types: Invoice Finance, Business Loans
- Industries: Construction, Services
Pros
- Wide range of funding options
- Fast approval process
Cons
- Interest rates can be high for small loans
Bibby Financial Services is an independent provider offering invoice and asset finance solutions tailored to UK SMEs, often in industries like construction and manufacturing. It suits businesses seeking customised funding with flexible terms. The provider offers options with variable durations and different security requirements depending on needs.
Loan Details
- Min Amount: £0
- Max Amount: £7,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Invoice Finance, Asset Finance
- Industries: Construction, Manufacturing
Pros
- Flexible funding solutions
- Strong industry expertise
Cons
- Limited public information on APR rates
1st Commercial Credit specialises in invoice factoring and purchase order finance suited to UK businesses requiring tailored working capital solutions. It is appropriate for companies needing quick cash flow support without extensive collateral. The finance terms are typically variable, adjusting to business needs and industry sectors.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Invoice Factoring, Purchase Order Financing
- Industries: General Business, Import/Export
Pros
- Quick access to cash
- Tailored to business needs
Cons
- Limited information on loan parameters
Novuna offers a mix of business finance solutions including invoice finance and small business loans targeted at UK SMEs in retail and manufacturing. It is suited to businesses seeking moderate loan durations with potential asset finance options. Novuna aims to provide competitive rates and efficient fund disbursement with some flexibility in product choice.
Loan Details
- Min Amount: £10,000
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Short to medium term ⌛
Services & Industries
- Finance Types: Invoice Finance, Business Loans, Asset Finance
- Industries: Retail, Manufacturing
Pros
- Competitive rates
- Quick fund disbursement
Cons
- Not suitable for all business types
Kriya delivers business financing including invoice finance and short-term working capital loans suitable for UK SMEs in technology and e-commerce sectors. Its products emphasise fast access to funds and flexible terms. Kriya supports borrowers that require brief loan durations and streamlined digital applications.
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: Technology, E-commerce
Pros
- Flexible financing options
- Innovative digital platform
Growth Lending specialises in tailored funding solutions including growth capital and invoice finance, targeting ambitious UK SMEs in technology and healthcare sectors. It is suitable for businesses seeking larger loan amounts with flexibility in funding structure. The provider supports various repayment options and offers expert financial guidance.
Loan Details
- Min Amount: £2,000,000
- Max Amount: £10,000,000
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Growth Capital, Invoice Finance
- Industries: Technology, Healthcare
Pros
- Expert financial advice
- Large funding amounts
Cons
- High entry-level loan amount
Skipton Business Finance offers asset-based lending including invoice finance designed to support UK SMEs in industries like manufacturing and services. It is suited to businesses seeking flexible loan terms supported by asset security. The financing options provide working capital solutions with variable durations and repayment structures.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Variable ⌛
Services & Industries
- Finance Types: Invoice Factoring, Asset-Based Lending
- Industries: Manufacturing, Services
Pros
- Flexible funding options
- Strong support for SMEs
Cons
- Lack of transparency on pricing
FundThrough provides invoice factoring services aimed at unlocking cash quickly by advancing payments against outstanding invoices. It suits SMEs looking for short-term funding without long-term commitments. The provider focuses on fast access and simple terms specifically for invoice finance.
Loan Details
- Min Amount: £0
- Max Amount: £0
- Min APR: 0%
- Max APR: 0%
- Loan Duration: Up to 6 months ⌛
Services & Industries
- Finance Types: Invoice Factoring
- Industries: SMEs
Pros
- Fast access to funds
- No long-term contracts
Cons
- Limited to invoice financing
How to choose
When selecting selective invoice finance lenders for tradespeople and contractors, consider the size and term of loans that fit your business cash flow. Check each provider's eligibility criteria and whether their products offer flexibility in repayments and security requirements. Prioritise lenders that match your sector and credit profile to ensure easier approval. Assess the speed of funding and whether brokered or direct application suits your timeline. Review fees, rates, and any restrictions carefully. Choose a lender that balances competitive terms with your operational needs.
Conclusion
Matching the right lender to your specific invoice finance needs is essential. Banks typically offer stability and broad services but may have stricter criteria. Brokers can provide a range of options and quicker access, while specialists focus on tailored solutions for tradespeople and contractors. Funding Agent is useful for SMEs seeking quick comparison across multiple providers. Always verify terms for your particular use case before committing to a 200 thousand pounds loan or similar finance.