Kriya vs Fleximize: Which Lender Is Better for UK Business Finance?

This comparison is written for UK businesses weighing up two well known online lenders, Kriya and Fleximize, and trying to decide which route best fits their cash flow, trading profile and urgency. Both brands have evolved in recent years, so it matters to check the current UK offering and who actually provides the product before you apply. We focus on what you can verify on official sources, how costs and repayments typically work in practice, and when each lender is likely to make sense. Where pricing or eligibility is not published as a fixed figure, we call that out clearly and use illustrative assumptions rather than guessing.

Products and terms at a glance

Before comparing features, it helps to confirm the UK facing brand and legal entity behind each lender, as names can be similar and product lines can shift.

For Kriya, the UK brand is presented on the company’s official site as Kriya, with business funding focused on invoice related and working capital solutions described under its products. For Fleximize, the UK brand is Fleximize, offering business loans and a revolving credit facility described on its official site.

Kriya overview

Kriya describes business funding products designed to help companies manage cash flow, including invoice related finance, with product information and application routes on its official pages such as Kriya solutions (product availability can vary by business type and location). The key point for comparison is that Kriya’s UK offering is typically structured around funding against invoices or receivables, so eligibility and speed often depend on invoice quality, debtor profile and verification steps, as described in its help and product materials.

Because Kriya’s public pages can be product led rather than rate led, you should expect pricing to be quote based and tied to the facility type, invoice mix and risk assessment, rather than a single published APR. If you are comparing it to a term loan, treat it as a different category of funding, more akin to invoice finance than a standard unsecured loan.

Kriya, potential pros (based on published positioning)

• Designed around invoices and cash flow gaps, so it may suit businesses with B2B billing and predictable receivables, as outlined on Kriya’s solutions pages.
• Funding is often linked to specific invoices or a receivables facility, which can align repayments with collections, depending on product structure described in Kriya documentation.
• May be a fit where traditional lending is harder but you have strong debtor quality, a common characteristic of invoice linked finance explained in Funding Agent’s invoice finance overview.

Kriya, potential cons or trade offs

• Not always a like for like alternative to an unsecured term loan, because it can require invoice verification and debtor checks, which can add process steps, as implied by Kriya’s invoice related product descriptions on its solutions pages.
• Costs can be less transparent upfront if you are expecting a single interest rate, because quote components can include service fees and discount charges depending on product, so you need the full schedule in writing.
• Suitability can depend heavily on your invoicing model, credit terms, concentration risk and debtor behaviour.

Fleximize overview

Fleximize positions itself around unsecured business funding, including term loans and a revolving credit facility, with features described on pages such as Fleximize Business Loans and Fleximize Business Line of Credit. In broad terms, Fleximize is closer to what most businesses mean by a standard online business loan, a lump sum with scheduled repayments, plus a revolving option if you want to draw and repay.

Fleximize states that pricing varies by applicant and product, and that it tailors offers based on the business profile, which is why comparisons should focus on total cost of credit, fees and flexibility features set out in the offer and in official explanations on its business loans pages.

Fleximize, potential pros (based on published features)

• Clear product menu for a term loan and revolving credit, with feature explanations on Business Loans and Line of Credit.
• Designed for SMEs, including those that may not fit a high street bank template, as indicated by Fleximize’s eligibility and underwriting approach described on its site.
• May include flexibility options such as overpayments or early settlement terms, but you must confirm in your offer and in current terms, see Fleximize terms and conditions.

Fleximize, potential cons or trade offs

• As with most unsecured lending, approval, limits and pricing depend on affordability and credit assessment, and may require a personal guarantee depending on the offer, which you should confirm in Fleximize documentation and terms, see Fleximize terms.
• Revolving credit can be convenient but can also lead to longer borrowing if not managed tightly, so a term loan may be cheaper for one off projects, depending on total cost.
• Some features are not universal, so it is important to check fees, settlement terms and any charges in the formal quote rather than relying on marketing summaries.

Costs and repayments in practice

With business finance, comparing cost is rarely as simple as comparing an APR headline. The most useful approach is to compare the repayment mechanism, the fee structure, and what triggers additional charges, then to model cash flow using your own assumptions.

Broadly, Fleximize’s term loans are structured like conventional instalment credit, you borrow a lump sum and repay it over a set period, with interest and any fees embedded in the repayment plan, as described on Fleximize Business Loans. Kriya’s invoice linked funding is typically closer to receivables finance, where the amount you can access is linked to invoices and collections, with pricing often expressed as a fee or discount rather than a standard consumer style APR, depending on the product described on Kriya’s solutions pages.

To help you compare apples to apples, ask both lenders for a written summary that includes: the amount advanced, all fees, how and when interest or fees accrue, the repayment schedule, and what happens if you repay early. For a term loan, that usually means total repayable and any settlement fee. For invoice finance, it means the discount rate or fee plus service fees, and how long charges run while an invoice is outstanding.

Worked example 1, Kriya (illustrative)

Assumptions (illustrative only): A VAT registered UK limited company has issued a single £50,000 invoice to a large B2B customer on 60 day terms. The business wants to unlock cash sooner and is considering an invoice linked facility described generally under Kriya’s solutions. We assume Kriya advances 85 percent of the invoice value at day 1, with a fee calculated on the amount advanced and the time outstanding. Because Kriya does not publish a universal fee table on the product overview, the fee below is purely a placeholder for modelling and not a claim about Kriya’s pricing.

Illustration: Advance received, £42,500. If an all in fee equivalent to 2.5 percent of the invoice value were charged for a 60 day period (placeholder assumption), that would be £1,250. When the customer pays the invoice, the remaining reserve, less the fee, would be returned, meaning the business receives £42,500 upfront and later receives £6,250. Your real outcome could be materially different depending on Kriya’s actual fee schedule, debtor risk, service fees and any minimum charges, so the correct next step is to request a quote and check the facility agreement and pricing schedule.

Worked example 2, Fleximize (illustrative)

Assumptions (illustrative only): A UK trading business wants £25,000 for equipment and marketing and is considering a term loan from Fleximize as described on Fleximize Business Loans. Fleximize states that rates vary by applicant, so we assume a fixed interest rate for modelling only, plus any arrangement fee if applicable, which must be confirmed in the formal quote and agreement.

Illustration: Borrow £25,000 over 24 months. If the total cost of credit over the term were, say, £4,000 including any fees (placeholder assumption), total repayable would be £29,000, implying roughly £1,208 per month. If you repaid early at month 12, the settlement figure could differ depending on Fleximize’s early settlement approach and any fees set out in the agreement, so you would need to confirm using Fleximize terms and conditions and your personalised settlement quote.

Practical tip: if you are comparing invoice linked funding to a term loan, convert both into a comparable cash flow view. For example, model the daily or monthly net cash position, not just the total cost. Invoice funding can look expensive in percentage terms but may be cheaper than missing payroll or losing supplier discounts, and a term loan can look cheap but may strain monthly cash flow if revenue is seasonal. If you want to sense check repayments quickly, you can use a business loan calculator to model a range of scenarios, then adjust once you have real quotes.

Speed and service

Both lenders market themselves as online first and relatively quick, but the actual timeline depends on what needs verifying.

For Fleximize, speed tends to be driven by how quickly you can provide business bank statements or open banking access, management accounts if requested, identity checks, and any additional documentation for larger facilities, consistent with the application expectations described on Fleximize Business Loans. Funding can be delayed if there are recent adverse credit events, complex ownership structures, or if the lender needs additional evidence of affordability.

For Kriya, speed is often driven by both your own business checks and the invoice side, whether invoices meet eligibility criteria, and whether the debtor and invoice can be verified, which is inherent to invoice finance structures described generally on Kriya’s solutions pages. If your invoices are clean and your customer is straightforward to verify, invoice linked facilities can be quick, but if there are disputes, part payments, or concentration issues, that can slow things down.

Service considerations you can verify without relying on subjective reviews include how to contact each lender and how complaints are handled. Fleximize publishes contact and complaints information on pages such as Fleximize contact and Fleximize complaints. Kriya provides contact routes on its site, for example via Kriya contact (availability and channels can vary). For regulatory context, you can cross check each firm’s status on the Financial Services Register, which is the authoritative source for FCA permissions and names, and should be used to verify the legal entity and any appointed representative relationships.

Who each lender suits

No lender is best for everyone, the best fit depends on the funding problem you are solving.

Scenario fit, Kriya may suit you if

• You are a B2B business with material value tied up in unpaid invoices and you want funding that scales with sales, which aligns with the logic of invoice finance and Kriya’s invoice oriented positioning on its solutions pages.
• Your customers are creditworthy and your invoicing is clean, making verification easier and reducing the risk of delays.
• You prefer a structure where funding is linked to receivables rather than taking a fixed monthly repayment regardless of collections.

Scenario fit, Fleximize may suit you if

• You want a straightforward lump sum and a defined repayment term for a project such as refurbishment, hiring, or consolidating short term obligations, which is how Fleximize describes its offering on Fleximize Business Loans.
• You value the option of a revolving facility for recurring working capital needs, as described on Fleximize Business Line of Credit, and you are confident you can manage utilisation.
• Your business does not have strong invoice collateral, for example because you are B2C or paid mostly by card, making invoice funding less relevant.

Scenarios where neither may be ideal

• If you need to finance a specific physical asset such as vehicles or machinery, you may get a better match with asset finance rather than an unsecured loan or invoice facility.
• If you need very small, very short term funding and your revenue is card heavy, a different product type such as a merchant cash advance may be discussed in the market, but suitability and cost can vary widely, see merchant cash advance for context.

How to apply

Application journeys change, so treat the steps below as a practical checklist and always follow the live instructions on each lender’s official site.

How to apply to Kriya

1. Start on the relevant product route on Kriya’s solutions pages and choose the option that matches your use case, for example invoice related funding.
2. Prepare business information, typical items include company number, director details, recent bank statements or open banking access, and details of invoices or receivables to be funded, as implied by invoice finance onboarding requirements.
3. Be ready to provide invoice documentation and, where required, evidence of delivery or acceptance, because invoice linked products commonly require verification steps.
4. Review the facility agreement carefully, including fees, notice periods, recourse terms, eligibility criteria, and what happens if an invoice is disputed.

How to apply to Fleximize

1. Start on Fleximize Business Loans or Fleximize Business Line of Credit and use the eligibility and quote journey offered there.
2. Prepare information Fleximize may request, such as business bank statements or open banking, proof of ID, company details, and recent accounts or management figures for affordability checks, consistent with the application process described on the Fleximize site.
3. If offered terms, read the agreement and key information, including total repayable, fees, payment dates, and early settlement terms, see Fleximize terms and conditions.
4. Keep copies of the contract and repayment schedule, and confirm support routes via Fleximize contact in case you need changes or a settlement figure.

Final verdict

Kriya and Fleximize can both be useful, but they often solve different problems. Kriya is typically more relevant where invoices and receivables are central to your cash flow. Fleximize is typically more comparable to a conventional unsecured business loan or revolving credit facility. The best choice is the one that produces the lowest risk cash flow outcome for your business after considering total cost, flexibility and operational requirements.

Choose Kriya if

• Your main need is to unlock cash from unpaid invoices rather than borrow a fixed lump sum.
• You can provide clean invoice documentation and your customers are straightforward to verify.
• You prefer funding that can scale with receivables and may align with collections rather than fixed monthly repayments.
• You are comfortable comparing fees and discount charges rather than relying on a single APR headline.

Choose Fleximize if

• You want a lump sum unsecured loan with a set term and predictable repayment schedule.
• You want to compare offers using total repayable and term length, and you expect pricing to vary based on risk.
• You may benefit from a revolving facility for repeated short term funding needs and can manage utilisation tightly.
• You value having clearly signposted contact and complaints routes on the lender site.

If you want to compare more options side by side without committing to a single lender upfront, you can start with Funding Agent and share your requirements through the form to see what is available for your business.

Sources

• Kriya official website
• Kriya solutions and products
• Kriya contact
• Fleximize official website
• Fleximize business loans
• Fleximize business line of credit
• Fleximize terms and conditions
• Fleximize contact
• Fleximize complaints
• Financial Conduct Authority, Financial Services Register