Kriya vs Bibby Financial Services: Business Finance Comparison

Kriya, a UK based B2B payments and working capital platform now owned by Allica Bank, provides digital invoice finance and embedded PayLater solutions that turn unpaid invoices and business purchases into working capital for small and mid sized firms, as set out on its main site and the instant invoice finance and B2B Buy Now Pay Later pages. Bibby Financial Services, described on its own UK website as the country’s leading independent invoice finance specialist, offers a broader range of receivables and asset based facilities, including invoice discounting, factoring and asset finance, through dedicated product pages such as invoice finance, invoice discounting and asset finance solutions. This guide compares Kriya and Bibby Financial Services across products, structure, practical costs, service features and fit for different types of UK businesses, using lender documentation and recent third party reviews where relevant. It is designed to help you narrow down when a technology led selective invoice finance provider is likely to be a better fit than a full service invoice and asset based lender and to highlight questions to raise with each provider before you apply.

1. Products and terms at a glance

### 1.1 Kriya Kriya is positioned as a B2B payments and working capital platform, with three core elements highlighted on its main site: PayNow card and bank payments, PayLater trade credit at checkout and invoice finance for businesses that want to advance funds against invoices they have issued to other businesses, as outlined on its homepage and dedicated invoice finance and embedded PayLater pages. Key product types

• Selective invoice finance: Kriya’s invoice finance solution is offered on a selective basis, allowing businesses to upload individual invoices for funding rather than being tied into a whole ledger facility, according to its Instant Invoice Finance page.
• Confidential structure: The service is described as confidential, with Kriya reconciling payments in the background so that customers continue to pay the business as usual, based on the process summary on its invoice finance page.
• B2B PayLater at checkout: For merchants selling to other businesses online or offline, Kriya offers B2B Buy Now Pay Later, enabling buyers to pay in instalments or on terms such as 30, 45 or 60 days while the merchant is paid upfront, as described on the Buy Now, Pay Later built for B2B page and the embedded PayLater solution page.
• Working capital loans and other facilities: Kriya’s blog notes that it has developed digital invoice finance and business loans alongside B2B payment tools, as set out in its 2024 review on 2024 Reflections / 2025 Visions. However, exact UK loan terms for new customers are not fully detailed on public product pages so specific amounts and durations vary.

Structure and ownership

• Ownership: Allica Bank confirms that Kriya is now fully owned by Allica Bank and has advanced over £4 billion in lending, on the Kriya Invoice Finance page.
• Legal entity: Companies House records for Kriya Finance Limited, referenced by Allica Bank and by secondary reviews, show it is a UK registered company supervised by the Financial Conduct Authority for anti money laundering purposes, as noted on Allica’s Kriya overview.
• Terms and conditions: Website and product use are governed by Kriya’s Terms and Conditions, with separate PayLater terms linked from its PayLater pages.
• Complaints and support: Kriya sets out a formal complaints and feedback route, including email, phone and postal contact, on its Feedback page and offers general support through its Get Support page.

Eligibility Kriya does not publish a single consolidated eligibility page for all products. However, multiple sources indicate common themes:

• Business type: External reviews and comparison sites describe Kriya as focusing on UK limited companies and LLPs that trade B2B, particularly those with recurring invoice volumes, for example the Kriya lender overview on Capalona and the business loan review on Finder.
• Turnover and trading history: ExpertSure’s 2026 Kriya review summarises that minimum turnover requirements for invoice finance are typically in the £100,000 to £500,000 range with at least one year’s trading for selective invoice finance and longer histories for whole ledger style facilities, based on its 2026 Kriya Finance Review. These figures are not set out as a single official Kriya eligibility table so should be treated as indicative.
• Customer profile: Kriya’s own invoice finance material emphasises that invoices should be issued to business customers with clear payment terms, as set out in its explanation of how funding works on the invoice finance page.

### 1.2 Bibby Financial Services Bibby Financial Services positions itself as the UK’s leading independent invoice finance specialist and a global SME funder, as stated on its main UK site and reiterated in its invoice finance overview. Key product types

• Invoice finance: Bibby offers a suite of invoice finance products, including invoice factoring and invoice discounting, detailed on its Invoice Finance Products page and more specifically on the Invoice Discounting product page.
• Factoring vs discounting structures: Bibby distinguishes between factoring, where it manages credit control and collections on the client’s behalf, and invoice discounting where the client retains control over collections, according to its PDF guide A Guide to Invoice Finance.
• Asset finance: Bibby Asset Finance provides hire purchase, leasing and refinancing of business assets and is described as part of Bibby Financial Services on the Asset Finance solutions page.
• Trade and export finance: Bibby also provides trade finance and international trade solutions, referenced in its trade finance guide A Simple Guide to Trade Finance and on product pages linked from its main funding navigation.

Structure and governance

• Legal entity: Bibby Financial Services Limited is a UK registered company and part of the Bibby Line Group, with the corporate relationship summarised on the group’s company overview at Bibby Line Group.
• Service commitments: Bibby sets out a Service Promise, including timeframes for acknowledging and responding to complaints and enquiries, in its Service Promise PDF.
• Complaints: While there is no separate public complaints page, the Service Promise outlines how Bibby aims to acknowledge complaints within specified timeframes and notes adherence to the UK Finance Code of Conduct.
• Contact and locations: Bibby provides central contact details and online enquiry forms for UK customers on its Contact Us page.

Eligibility Bibby does not publish a single eligibility checklist for all products but multiple materials outline the typical profile:

• SME focus: Bibby consistently describes itself as an SME funder working with over 8,500 to 10,000 businesses worldwide and across more than 300 sectors, based on its invoice finance overview and the eligibility focused article Do you qualify for Invoice Finance.
• Trading history and turnover: In the “Do you qualify for Invoice Finance” article, Bibby notes that invoice finance is generally suitable for businesses that invoice other businesses on credit terms and that it can work for companies with a range of turnover levels, although precise minimums are not publicly specified so the exact thresholds vary and are assessed case by case.
• Sector and debtor base: Bibby explains that it works with businesses across many sectors but will assess the quality and spread of your debtors, concentration risks and credit control processes, according to its What is an Invoice Finance Company article.

### 1.3 High level comparison At a product level, Kriya and Bibby Financial Services overlap most clearly in the area of invoice finance. Kriya emphasises technology led selective invoice finance and embedded PayLater options that plug into ecommerce or order to cash journeys, while Bibby emphasises traditional whole ledger factoring and invoice discounting with optional bad debt protection and broader asset based lending, based on their respective invoice finance product pages referenced above. Bibby also directly markets asset finance style facilities through its dedicated asset finance brand, whereas Kriya’s public materials focus more on receivables based funding and payments.

2. Costs and repayments in practice

Neither Kriya nor Bibby Financial Services publishes a full schedule of current invoice finance or asset finance rates, and both typically price facilities based on business profile, risk and facility structure. As a result, specific percentage fees and margins vary and any numerical examples below are illustrative only, not quotes. ### 2.1 How fees are typically structured #### Kriya Kriya highlights “transparent pricing” for selective invoice finance but does not state a standard tariff on its invoice finance page. It notes that businesses can receive up to 90 percent of the invoice value upfront and that remaining funds are released on payment less fees, as outlined under the pricing section of Instant Invoice Finance. A recent independent review summarises market typical pricing for Kriya as a percentage fee of invoice value on a pay as you go basis, but since exact current pricing may have changed after that review the precise rate varies and should always be checked directly with Kriya, as cautioned in the 2026 review on ExpertSure. Repayments for Kriya’s invoice finance are effectively self liquidating because customers pay their invoices as normal and Kriya receives repayment from those receipts, as described in its process overview on What is Invoice Finance. For PayLater, buyers repay over their chosen term while the merchant is paid upfront, with the schedule and any buyer fees depending on the underlying PayLater product as explained on Kriya’s enterprise B2B payments solutions guide. #### Bibby Financial Services Bibby’s invoice finance materials describe a typical structure where the funder advances a percentage of eligible invoice value then releases the remaining balance minus fees once the customer pays, as set out in its Guide to Invoice Finance. Its trade finance guide uses a worked example where a facility has a given cost but does not present a universal fee table, and recent independent comparisons emphasise that Bibby’s fees vary depending on facility size, sector and added services such as bad debt protection, for example in Capitalise’s 2026 article on top invoice finance providers, 7 Top Invoice Finance Providers. For asset finance, Bibby’s guide explains that it typically uses hire purchase or leasing structures where the business repays the asset cost plus interest over an agreed term, but again, specific rates are not disclosed and repayment amounts vary by deal, as outlined in the broker version of A Smart Way To Fund New Business Assets. ### 2.2 Illustrative comparison table The table below uses simplified assumptions to illustrate how a typical single invoice transaction might look with a selective funder such as Kriya versus a whole ledger provider such as Bibby Financial Services. Actual percentages, fees and advance rates vary and must be confirmed with each lender. ### 2.3 Worked example 1: funding a single £100,000 invoice (illustrative) Assumptions, purely illustrative and not reflective of any lender’s actual pricing:

• Invoice value: £100,000
• Advance rate: 90 percent for Kriya, 85 percent for Bibby
• Funding period: 60 days until end customer pays
• Fee basis: a single percentage of invoice value charged at drawdown, varies in reality

Step 1: Initial advance

• Kriya: Business uploads one invoice and receives £90,000 (90 percent of invoice value) as an advance, consistent with Kriya’s indication that it can fund up to 90 percent of invoice value on its invoice finance product page.
• Bibby: Business submits the invoice through an ongoing facility and receives an illustrative £85,000 advance.

Step 2: Fees (illustrative only)

• If each provider charged an illustrative 2 percent of invoice value as a combined service and discount fee, total fee would be £2,000 with either lender. Actual percentages vary and can be higher or lower depending on risk, sector, volume and services included.

Step 3: Final settlement when debtor pays

• Once the customer pays £100,000 to the funder or into a controlled account, the lender deducts its £2,000 fee and any other agreed charges then releases remaining funds to the business.
• For Kriya, the remaining £10,000 reserve minus fees would be remitted. For Bibby, the £15,000 reserve minus fees would be remitted.

Outcome comparison

• Both providers offer early access to the majority of invoice value then release the balance once paid.
• Selective usage with Kriya means the business can choose to finance only this invoice, whereas a typical Bibby facility would be set up across a wider proportion of the ledger.

### 2.4 Worked example 2: ongoing facility over 12 months (illustrative) Assumptions, again illustrative only:

• Business generates £3 million of eligible annual B2B turnover on credit terms.
• Average debtor days: 60.
• Average advance rate: 85 percent in each facility scenario.
• Average utilisation: 70 percent of the maximum available funding used across the year.

Facility structures

• Kriya selective facility: The business uses Kriya for specific customers that pay on 60 day terms where working capital pressure is highest, resulting in around £1.5 million of invoices funded selectively across the year, with an assumed 2 percent average fee per funded invoice (varies).
• Bibby whole ledger facility: The business uses Bibby to finance most of its ledger, with £2.4 million of invoices funded during the year under ongoing invoice discounting or factoring, with an assumed blended 1.5 percent average facility and service fee (varies).

Illustrative year one cost comparison

• Kriya: £1.5 million funded x 2 percent illustrative fee = £30,000 in fees.
• Bibby: £2.4 million funded x 1.5 percent illustrative fee = £36,000 in fees.

In this simplified example, Bibby costs more in absolute terms because a higher volume of invoices is funded through a full ledger facility, whereas Kriya is used more selectively. However, the unit cost per pound funded may be lower with an ongoing invoice discounting facility if the lender offers volume discounts. In practice, both providers may also apply additional charges such as minimum monthly fees, audit fees, arrangement fees or service fees, and these vary. External comparisons for Bibby, such as Merchant Savvy’s multi lender review of invoice finance providers, stress that Bibby’s fees are tailored and can depend on sector, risk and facility type, as noted in Compare 17 Invoice Finance Companies. Kriya’s pay as you go model may avoid minimum usage fees but can still carry per invoice charges, according to expert commentary on ExpertSure’s 2026 Kriya review.

3. Speed and service

### 3.1 Onboarding and decision speed Neither lender publishes guaranteed approval times across all products, so exact decision speeds vary. Kriya’s digital first approach, including a portal for uploading invoices and automated checks, is described on its invoice finance page, which outlines a process of uploading invoices, authenticating clients and approving invoices before funding. Independent reviews and customer feedback on platforms such as Trustpilot highlight that many users find Kriya’s facility “fast, reliable and easy to use”, as quoted in aggregated reviews on Trustpilot, but some also mention slower communication in complex cases, according to ExpertSure’s 2026 review. None of these sources provide a guaranteed same day or next day approval promise so turnaround times vary by case. Bibby also promotes the ability to quickly release cash tied up in unpaid invoices, describing its invoice finance as a way to “unlock up to 90 percent of the value of your unpaid invoices” and improve cashflow, on its Invoice Finance overview. Third party comparisons, including Capitalise’s 2026 ranking of top invoice finance providers, note that Bibby is considered competitive on advance rates and can move quickly for suitable clients, but again, there is no single published decision time guarantee, as indicated in Capitalise’s guide. ### 3.2 Ongoing relationship and support Kriya directs users to a central support form and states that messages are routed to the relevant team with responses expected within a specified timeframe, according to its Get Support page. Feedback routes and complaint channels are set out separately on its feedback page. Bibby emphasises relationship based service with local teams and a named relationship manager for many facilities, which is highlighted in its marketing materials and SME Confidence Tracker reports but not always consolidated in one page. Its Service Promise sets objectives such as acknowledging complaints or issues within four hours during working hours and making it easy to contact the business by phone, email or through client portals. Independent review platforms also provide some indication of service quality. Kriya holds an overall “Great” rating in the low 4 star range on Trustpilot at the time of writing, based on several hundred reviews that mention both positive experiences and occasional issues, as aggregated on Trustpilot. Bibby similarly shows a rating around 4 out of 5 on Trustpilot with hundreds of reviews, where many customers praise helpful account managers while some negative reviews highlight disputes or slow processes, as summarised on Trustpilot. Since Trustpilot ratings can change frequently, both sets of scores should be regarded as variable and checked fresh when you make a decision. ### 3.3 Technology and integrations Kriya is explicitly positioned as a technology driven platform and emphasises integrations with online checkouts and platforms such as Stripe for PayLater, as detailed in news about its partnership being Stripe’s first B2B PayLater solution in the UK on Finextra. Its knowledge centre and product pages highlight real time buyer onboarding and risk assessment at checkout, which can be particularly attractive for digital first merchants. Bibby’s materials focus more on funding structures than on direct ecommerce integrations. It offers online account portals and tools for invoice submission and reporting, implied in its references to digital systems in the invoice finance guide, but does not currently promote deep checkout level integrations in the same way that Kriya does. For firms requiring a fully embedded B2B payments experience, this difference may be material.

4. Who each lender suits

### 4.1 When Kriya may be a better fit Based on product design and external reviews, Kriya often suits:

• Digital first SMEs that sell to other businesses on terms and want a lightweight, selective facility without fully outsourcing credit control, in line with the selective and confidential structure described on Kriya’s invoice finance page.
• B2B ecommerce or omnichannel merchants that want to offer PayLater terms at checkout and get paid upfront, as explained in Kriya’s B2B PayLater documentation and its knowledge centre overview of B2B instalment payments.
• Businesses with concentrated buyer bases, for example SaaS or recurring services providers with a handful of large customers, where selectively funding a small number of invoices can materially improve working capital without tying in the full ledger.
• Borrowers comfortable with digital self service and centralised support, as Kriya’s support and feedback pages direct users through online forms rather than primarily through face to face branches.

External expert reviews, including Funding Agent’s own Kriya loan review, characterise Kriya as more suitable for established SMEs than for very early stage startups or consumer focused businesses, emphasising that B2B trading history and solid debtor quality are important, as discussed in Funding Agent’s Kriya Small Business Loan Review. ### 4.2 When Bibby Financial Services may be a better fit Bibby’s product range and positioning suggest it is often suited to:

• Businesses wanting a full ledger facility, such as manufacturers, wholesalers or labour intensive services firms that want to finance most or all of their trade debtor book, in line with the factoring and discounting structures described in A Guide to Invoice Finance.
• Firms that value hands on credit control and are happy for a funder to manage collections from customers, a central feature of disclosed factoring per Bibby’s invoice finance guide.
• Businesses looking for combined receivables and asset finance, for instance those wanting to finance plant, machinery or vehicles as well as their debtor book, as Bibby Asset Finance sits alongside its invoice finance division according to the Asset Finance solutions page.
• SMEs that prioritise relationship management and local presence, since Bibby markets itself as having a longstanding UK footprint and sector specific expertise backed by over 40 years of experience, as highlighted on its asset finance and invoice finance pages.

Independent secondary sources, such as Capitalise’s 2026 comparison of invoice finance providers, observe that Bibby is often competitive for businesses seeking higher advance rates or more bespoke structures, particularly those with complex funding needs, but stress that it can involve more in depth onboarding compared with fully online platforms, as discussed in 7 Top Invoice Finance Providers.

5. How to apply

### 5.1 Applying to Kriya Kriya directs prospective customers through an online process where you provide business details, trading information and, for invoice finance, details of invoices and debtors.

• Online enquiry: Prospective users usually start from a product page such as Instant Invoice Finance or PayLater, where “Talk to us” or “Book a call” journeys are available.
• Eligibility checks: External guides, such as Capalona’s overview of Kriya, explain that you will typically need to complete an online application form or speak to a funding specialist who will check eligibility based on turnover, trading history and debtor quality, as described on Capalona’s Kriya lender profile.
• Documentation: Like most invoice finance providers, Kriya is likely to require recent management accounts, bank statements and ageing debtor reports, in line with industry practice and as implied in Kriya’s explanation of assessing invoices and buyers on its invoice finance explainer.
• Decision and onboarding: Once approved, the business typically gains access to Kriya’s online portal to upload invoices or configure PayLater checkout options. Exact onboarding times and processes vary and are not detailed publicly.

If you are comparing multiple options, it can be useful to estimate your required facility size and likely usage using tools such as a finance calculator before approaching any lender, so you can quickly sense check offers and structures. ### 5.2 Applying to Bibby Financial Services Bibby encourages businesses to contact it directly via phone, website forms or introducers such as accountants and commercial finance brokers.

• Initial contact: You can start by selecting a product on its site, for example invoice finance through Invoice Finance Products or asset finance via Asset Finance, then using the enquiry forms or contact details linked from each page.
• Suitability assessment: Bibby’s article Do you qualify for Invoice Finance outlines the typical information it will consider, such as your sector, whether you invoice other businesses on credit, your debtor profile and your existing credit control processes.
• Documentation and security: For invoice finance and asset finance, expect to provide financial statements, debtor listings, copies of key customer contracts and details of any existing funding, as is common throughout Bibby’s guides.
• Offer and legal documentation: Once Bibby has assessed your needs, it will propose facility limits, advance rates and key covenants. Standard conditions for invoice finance are set out in its publicly available “standard conditions for the purchase of debts” PDF which outlines legal terms and operational requirements.

In both cases, using an independent broker or advisor can help you compare multiple offers on a like for like basis and sense check the total cost and flexibility of each facility type.

6. Final verdict

From a Funding Agent perspective, Kriya and Bibby Financial Services sit in different but overlapping parts of the business finance market. Kriya emphasises digital, selective invoice finance and embedded B2B PayLater, which can be appealing if you want a relatively flexible, technology led facility primarily tied to invoices or checkout flows. Bibby offers a more traditional full service lender experience with broad invoice finance, factoring, trade finance and asset finance capabilities that can scale with more complex funding needs. Neither lender publishes a simple rate card so pricing is case specific and varies, but their public materials and independent reviews suggest that Kriya is often used for selective, pay as you go invoice funding and checkout level trade credit while Bibby is more commonly associated with ongoing, whole ledger facilities and blended receivables plus asset funding. Your choice is therefore less about one universally “cheaper” lender and more about which structure, level of hands on support and product breadth aligns with your business model and risk appetite. Choose Kriya if:

• You want selective, confidential invoice finance without committing your full ledger
• Your business sells B2B online or via order portals and you want embedded PayLater options at checkout
• You prefer a technology led platform experience with portals and integrations instead of primarily branch based relationship management
• You are comfortable that pricing will depend on per invoice usage and that you may pay a premium for flexibility compared with a long term ledger facility

Choose Bibby Financial Services if:

• You want to finance most of your debtor book through an ongoing invoice discounting or factoring facility
• You would value hands on credit control support or disclosed factoring with Bibby collecting payments from your customers
• You may also need complementary trade or asset finance facilities from the same funder
• You place a premium on long term relationship management and sector expertise even if onboarding is more involved

7. Sources

• Kriya main site and company overview
• Kriya Instant Invoice Finance product page
• Kriya B2B Buy Now Pay Later product overview
• Kriya embedded PayLater solutions page
• Kriya article: What is Invoice Finance
• Kriya blog: 2024 Reflections / 2025 Visions
• Kriya website Terms and Conditions
• Kriya Feedback and complaints page
• Kriya Get Support page
• Kriya knowledge centre: Enterprise B2B payments solutions
• Allica Bank: Kriya Invoice Finance overview and ownership
• ExpertSure 2026 Kriya Finance Review
• Capalona Kriya lender profile
• Finder Kriya (formerly MarketInvoice) review
• Trustpilot Kriya customer reviews
• Bibby Financial Services main UK site
• Bibby invoice finance overview page
• Bibby Invoice Finance Products
• Bibby Invoice Discounting product page
• Bibby Asset Finance solutions page
• Bibby: A Guide to Invoice Finance (UK)
• Bibby: A Smart Way To Fund New Business Assets (Asset Finance guide)
• Bibby article: Do you qualify for Invoice Finance
• Bibby article: What is an Invoice Finance Company
• Bibby Service Promise 2022
• Bibby Financial Services Contact Us page
• Bibby Line Group company overview for Bibby Financial Services
• Trustpilot Bibby Financial Services customer reviews
• Capitalise article: 7 Top Invoice Finance Providers
• Merchant Savvy: Compare 17 Invoice Finance Companies
• Fintech Global: Kriya debt facility to scale B2B payments
• Finextra: Kriya becomes Stripe B2B PayLater option in UK
• Funding Agent: Kriya Small Business Loan Review
• Funding Agent: Bibby Financial Services Reviews
• Funding Agent: Invoice Financing for Digital Agencies
• Funding Agent: Asset Finance
• Funding Agent: Asset Finance Calculator