Best Transport Invoice Finance Providers UK 2026
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Compare transport invoice finance providers
| Rank | Lender | Best for | Published loan range | Loan rate |
|---|---|---|---|---|
| 1 | eCapital | Transport firms needing rapid cash release against unpaid invoices | Up to £500,000 | interest 7% to 14.5% |
| 2 | Simplicity in Business | Smaller transport operators wanting low-rate invoice discounting | £10,000 to £100,000 | interest 1.2% to 1.49% |
| 3 | Finance for enterprise | Transport businesses needing flexible funding from £1,000 upwards | £1,000 to £2,000,000 | interest 6.5% to 13.5% |
| 4 | Waylog | Larger haulage companies with strong turnover and established trading | £15,000 to £500,000 | interest 1.5% to 2.5% |
| 5 | PennyFreedom | Transport operators needing same-day access to invoice cash | Up to £500,000 | interest 7.5% to 15% |
| 6 | Treyd | Established logistics firms seeking competitive factoring rates | £15,000 to £1,000,000 | interest 1.4% to 2.5% |
| 7 | NatWest Bank | Transport firms wanting bank-backed invoice finance at scale | £500 to £10,000,000 | interest 4.5% to 10.5% |
| 8 | Metro Bank | Freight and shipping companies needing substantial facilities | £2,000 to £25,000,000 | interest 9.6% to 9.6% |
| 9 | Nationwide Finance | Newer transport businesses with at least three months trading | £10,000 to £500,000 | interest 4.5% to 11% |
| 10 | Novuna | Growing haulage firms seeking flexible invoice finance up to £5m | £10,000 to £5,000,000 | interest 4.5% to 12.5% |
Transport companies often wait 30 to 90 days for customer payments while fuel, driver wages, and vehicle maintenance costs pile up daily. Transport invoice finance lets haulage, courier, freight, and logistics businesses unlock cash tied up in unpaid invoices. Instead of waiting for clients to pay, you receive an advance against your sales ledger, keeping your fleet moving and your business running without interruption.
Choosing the right transport invoice finance provider means looking beyond headline rates. You need a lender who understands the transport sector, accepts your customer base, and offers terms that work with your invoice profile. Some providers specialise in haulage and logistics, while others offer broader facilities. Key factors to compare include advance rates, fee structures, whether you need disclosed or undisclosed facilities, and how quickly funds reach your account.
Important: The rates and loan ranges shown are for comparison only and may vary based on your transport business's trading history, customer quality, and invoice volumes. Funding Agent is a broker, not a direct lender. Always confirm terms directly with the provider before signing any agreement.
Funding Agent
Published loan rangeFrom £10,000 to up to £1,000,000
Rate typeInterest or factor rate
Why it is included:It is included because many business owners need to compare several finance routes before choosing where to apply.
Funding Agent can help businesses compare suitable options across a lender panel, especially when eligibility depends on turnover, sector, trading history, credit strength and available documents.
Best use case: When the borrower wants to avoid applying to one lender at a time.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Why it stands out
- Useful when a business wants to compare lender fit rather than guess which lender to apply to first.
- Can help position the application around the funding purpose, trading profile and available documents.
- Works well as a conversion route for readers who are unsure whether a direct lender will approve a larger unsecured facility.
Need to know
- Funding Agent is a broker, not a lender.
- The lender, not Funding Agent, sets the final rate, term, fees and approval decision.
- The best match may be unsecured, secured, revolving credit, invoice finance or another product depending on the case.
Expert take
Funding Agent is a useful honourable mention for business owners who want to compare lender options before submitting a full application. A larger unsecured loan is not always approved by the first lender a business finds, so understanding lender fit early can reduce wasted time and avoid unnecessary declines.
eCapital
Published loan rangeUp to £500,000
Rate typeinterest 7% to 14.5%
Overview: eCapital offers transport invoice finance with funding available in as little as one hour, helping haulage and logistics firms cover fuel, maintenance and driver wages without waiting for customer payments.
With facilities up to £500,000 and interest from 7% to 14.5%, it suits small to mid-sized transport operators who need quick access to cash tied up in unpaid freight and delivery invoices.
Best next step: Check your eligibility and generate transport finance offers.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Same-day funding for urgent cash flow needs
- Advances up to £500,000 on freight invoices
- Simple process designed for transport operators
Need to know
- Interest ranges from 7% to 14.5%
- Funding depends on debtor quality and concentration
- Best suited to B2B transport and logistics firms
Expert take
eCapital's one-hour funding speed is a standout feature for transport operators facing sudden fuel bills or repair costs. It is a practical option when cash flow cannot wait for typical 30-to-90-day payment terms common in logistics.
Source:https://ecapital.com/en-gb/
Simplicity in Business
Published loan range£10,000 to £100,000
Rate typeinterest 1.2% to 1.49%
Overview: Simplicity in Business provides transport invoice finance with competitive rates from 1.2% to 1.49%, making it a cost-effective choice for courier and logistics firms that want to release working capital without eroding margins.
Facilities range from £10,000 to £100,000 with funding typically within 48 hours, ideal for established transport businesses managing regular fuel, vehicle lease and subcontractor payments against outstanding customer invoices.
Best next step: See how low rates could reduce your transport finance costs.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Low rates from 1.2% to 1.49%
- Facilities tailored up to £100,000
- Funding within 48 hours of approval
Need to know
- Suitability depends on invoice and debtor quality
- Best for businesses with established trading history
- Not designed for startup transport operators
Expert take
Simplicity in Business stands out for transport firms that prioritise cost control. The low-rate structure can make a meaningful difference for logistics companies running on thin margins where every percentage point matters to the bottom line.
Finance for enterprise
Published loan range£1,000 to £2,000,000
Rate typeinterest 6.5% to 13.5%
Overview: Finance for enterprise provides transport invoice finance from £1,000 to £2,000,000 with interest between 6.5% and 13.5%, accommodating everyone from single owner-operators to expanding haulage firms with larger debtor books.
Funding typically completes within three days, giving freight and shipping companies a reliable way to bridge the gap between invoicing customers and meeting recurring costs like fuel cards, insurance and fleet repairs.
Best next step: Explore flexible transport finance from £1,000 to £2 million.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Wide facility range from £1,000 to £2 million
- Suitable for small and mid-sized hauliers
- Covers invoice finance alongside asset finance
Need to know
- Funding typically takes three days to complete
- May require personal guarantee or trading history
- Costs can increase with higher facility usage
Expert take
The broad facility range makes Finance for enterprise a versatile choice for transport operators at different growth stages. Smaller courier firms and larger freight companies alike can find a facility sized to their debtor book.
Waylog
Published loan range£15,000 to £500,000
Rate typeinterest 1.5% to 2.5%
Overview: Waylog blends transport invoice finance with trade and stock funding, making it particularly useful for logistics firms that need to pay suppliers upfront while waiting for customer invoices to be settled.
Facilities from £15,000 to £500,000 carry interest of 1.5% to 2.5%, with funding within 24 hours. This dual-layered approach helps shipping and freight companies manage both debtor and supplier cash flow pressures.
Best next step: Combine invoice and trade finance for your transport business.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Invoice and trade funding in one facility
- Rates from 1.5% to 2.5% per month
- Funding available within 24 hours
Need to know
- Suited to firms with supplier payment obligations
- Minimum facility size is £15,000
- Depends on purchase orders and debtor strength
Expert take
Waylog fills a genuine gap for transport operators who face supplier payment pressures alongside slow-paying customers. For logistics firms importing goods or paying fuel suppliers on tight terms, this dual facility can be a lifeline.
Source:https://waylog.com/
PennyFreedom
Published loan rangeUp to £500,000
Rate typeinterest 7.5% to 15%
Overview: PennyFreedom delivers transport invoice finance up to £500,000 with funding in as little as two hours, designed for haulage and courier businesses that need immediate working capital to keep vehicles on the road.
Interest ranges from 7.5% to 15%, reflecting the speed and accessibility on offer. It is a practical fit for transport operators facing unexpected costs or seasonal spikes that cannot wait for standard credit terms.
Best next step: Get fast transport invoice finance with two-hour funding.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Funding released in as little as two hours
- Advances up to £500,000 available
- Straightforward application for hauliers
Need to know
- Rates range from 7.5% to 15%
- Suitability tied to invoice and debtor quality
- Best for urgent rather than long-term funding needs
Expert take
PennyFreedom's two-hour turnaround is among the fastest in the transport invoice finance market. For haulage firms facing a broken-down vehicle or an unexpected fuel bill, that speed can be the difference between operating and standing still.
Treyd
Published loan range£15,000 to £1,000,000
Rate typeinterest 1.4% to 2.5%
Overview: Treyd offers transport invoice finance alongside trade and stock funding from £15,000 to £1,000,000, with rates between 1.4% and 2.5%. It is built for logistics companies that need to pay suppliers before customer invoices land.
Funding arrives within 24 hours, giving freight forwarders and shipping firms the flexibility to settle supplier bills on time while managing the typical payment lag from end customers in the transport supply chain.
Best next step: Bridge supplier payments with combined invoice and trade finance.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Covers supplier and trade funding needs
- Facilities from £15,000 to £1,000,000
- Competitive rates from 1.4% to 2.5%
Need to know
- Supplier strength affects facility eligibility
- Not purely invoice finance, includes trade element
- Funding depends on debtor and stock quality
Expert take
Treyd's supplier-first approach resonates with freight and shipping firms that must pay overseas agents, fuel suppliers or subcontractors before receiving their own payments. It addresses the full transport cash flow cycle, not just the invoice stage.
Source:https://www.treyd.io/
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NatWest Bank
Published loan range£500 to £10,000,000
Rate typeinterest 4.5% to 10.5%
Overview: NatWest provides transport invoice finance from £500 to £10,000,000 with interest from 4.5% to 10.5%, making it a strong fit for established haulage, freight and logistics companies with substantial debtor books and strong credit profiles.
Funding is available within 24 hours. As a high-street bank, NatWest also offers complementary asset finance, which can help transport operators fund vehicle purchases alongside invoice-based working capital.
Best next step: See how a bank-backed transport facility could work for you.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities available up to £10,000,000
- Competitive rates from 4.5% to 10.5%
- Access to asset finance for fleet purchases
Need to know
- Bank underwriting can be slower and stricter
- Strong trading history usually required
- Personal guarantees may be needed
Expert take
NatWest suits larger transport operators with established financials who want a one-stop banking relationship. The combination of invoice finance and asset lending under one roof can simplify fleet expansion while managing day-to-day cash flow.
Source:https://www.natwest.com/business/loans-and-finance.html
Metro Bank
Published loan range£2,000 to £25,000,000
Rate typeinterest 9.6% to 9.6%
Overview: Metro Bank offers transport invoice finance from £2,000 to £25,000,000 at a fixed 9.6% interest rate, making it one of the highest-limit options available for large freight operators and logistics companies with significant invoice volumes.
Funding is available within 24 hours, and the bank's secured lending approach may suit transport firms that can offer additional security to access larger facilities for managing extensive debtor books across multiple contracts.
Best next step: Explore high-limit transport invoice finance with Metro Bank.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities up to £25,000,000 available
- Single transparent rate at 9.6%
- 24-hour funding turnaround
Need to know
- Fixed interest rate of 9.6% applies
- Secured lending may require additional assets
- Stricter bank eligibility criteria apply
Expert take
Metro Bank's £25 million upper limit makes it a compelling option for large-scale freight and logistics firms. The transparent flat rate simplifies cost forecasting, which is valuable for transport operators managing multiple contracts with varying payment cycles.
Source:https://www.metrobankonline.co.uk/business/borrowing/
Nationwide Finance
Published loan range£10,000 to £500,000
Rate typeinterest 4.5% to 11%
Overview: Nationwide Finance provides transport invoice finance from £10,000 to £500,000 with interest between 4.5% and 11%, offering a secured funding route for established haulage and courier firms that have assets to back their borrowing.
Funding completes within 24 hours. The secured structure may appeal to transport operators who want lower rates in exchange for using vehicles or property as collateral alongside their invoice book.
Best next step: Compare secured transport invoice finance rates from 4.5%.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Lower rates starting from 4.5%
- Facilities from £10,000 to £500,000
- Funding within 24 hours
Need to know
- Requires suitable security or collateral
- Secured lending involves legal and valuation costs
- Best for firms with assets to pledge
Expert take
Nationwide Finance suits transport operators who own vehicles or property and want to leverage those assets for lower invoice finance rates. For established hauliers with freehold premises, this secured route can unlock cheaper funding than unsecured alternatives.
Novuna
Published loan range£10,000 to £5,000,000
Rate typeinterest 4.5% to 12.5%
Overview: Novuna offers transport invoice finance from £10,000 to £5,000,000 with rates between 4.5% and 12.5%, providing a high-limit solution for medium to large freight, shipping and logistics companies with substantial invoice turnover.
Funding is available within 24 hours, and the lender also provides asset finance and asset-based lending, making it a well-rounded option for transport operators juggling fleet investment alongside working capital needs.
Best next step: Discover transport invoice finance with Novuna's high facility limits.
More info
Company stats
Eligibility
Loan range
Rates and debtor rules
Benefits
- Facilities up to £5,000,000 for large operators
- Rates from 4.5% to 12.5%
- Asset finance also available for fleets
Need to know
- Strong trading history typically required
- Secured lending may need additional assets
- Not currently part of standard broker panels
Expert take
Novuna's facility range and complementary asset finance offering make it worth considering for mid-market transport firms with complex funding needs. The combination of invoice and asset lending can support both daily cash flow and long-term fleet growth.
Invoice Finance Calculator
How transport invoice finance works for UK haulage and logistics companies
Transport invoice finance lets haulage, courier and freight businesses unlock cash tied up in unpaid customer invoices. Instead of waiting 30 to 90 days for payment, you can access up to 90% of the invoice value within 24 to 48 hours.
The lender advances funds against your sales ledger, then collects payment directly from your customers when the invoice falls due. The remaining balance, minus the lender's fee, is released once the customer pays.
For transport companies, this means you can cover fuel costs, driver wages, vehicle maintenance and insurance without relying on extended payment terms from clients. Unlike a standard business loan, the facility grows with your turnover, giving you more headroom during busy periods.
Factoring vs invoice discounting for transport businesses
Transport companies can choose between two main types of invoice finance: factoring and invoice discounting. Each suits different business needs.
| Feature | Factoring | Invoice Discounting |
|---|---|---|
| Credit control | Lender manages collections | You handle your own collections |
| Confidentiality | Customers know you use finance | Customers are not notified |
| Best for | Smaller fleets without a credit team | Larger operators with in-house admin |
Many owner-operator hauliers prefer factoring because it includes credit control support, freeing up time to focus on the road. Larger logistics firms often choose confidential invoice discounting to maintain direct customer relationships while still improving cash flow.
Fuel factoring and transport-specific invoice finance features
Some providers offer fuel factoring, a niche form of invoice finance designed specifically for haulage businesses. This facility releases funds against fuel invoices, often within 24 hours, helping operators manage one of their largest variable costs.
Beyond fuel factoring, transport-focused invoice finance providers may offer higher advance rates on freight invoices because the debt is considered more secure. Some lenders also accommodate sub-contractor payments, allowing you to fund your own supplier chain.
Facilities can often be structured around seasonal demand peaks, such as Christmas logistics or harvest haulage, giving you flexibility when your working capital needs spike. Lenders familiar with the transport sector understand the impact of fuel price volatility and driver shortages on your cash flow cycle.
What transport companies should compare when choosing an invoice finance provider
Not all invoice finance providers understand the transport sector. Look for lenders with proven experience funding haulage, courier, freight or shipping businesses. Ask whether they accommodate the specific payment terms common in your sub-sector, such as consolidated invoicing or proof of delivery requirements.
Compare advance rates and fees, but also check contract terms. Some facilities require a minimum commitment period or charge exit fees. Others offer rolling contracts with no long-term lock-in. Check whether the provider imposes debtor concentration limits, which can affect hauliers with a small number of large clients.
Finally, confirm whether the facility is disclosed or confidential, and whether credit control support is included. A broker can help you compare transport-specialist lenders to find a facility that matches your cash flow needs.
FAQs
Transport invoice finance is a funding solution that lets haulage, courier, freight, and logistics businesses access cash tied up in unpaid customer invoices. Instead of waiting 30, 60, or even 90 days for clients to pay, you can sell those outstanding invoices to a finance provider or use them as security for a cash advance. The provider typically advances a large percentage of the invoice value upfront, then releases the remainder (minus their fee) once your customer settles the invoice. It is designed specifically to help transport companies smooth out cash flow gaps caused by extended payment terms.
Once you have raised invoices for completed deliveries, haulage jobs, or freight services, you submit them to your chosen invoice finance provider. The provider verifies the invoices and advances you a portion of their value, typically within 24 to 48 hours. You get immediate working capital to cover fuel, vehicle maintenance, driver wages, and other running costs. When your customer pays the invoice, the provider releases the remaining balance, deducting their agreed service fee. The process then repeats with each new batch of invoices you raise.
Eligibility varies by provider, but generally UK-registered transport and logistics businesses that trade on credit terms with other businesses can qualify. This includes haulage firms, courier services, freight forwarders, shipping companies, last-mile delivery operators, and passenger transport businesses. Providers will review factors such as your turnover, the value and volume of your invoices, the creditworthiness of your customers, and your trading history. Sole traders, partnerships, and limited companies can all apply, though startups may face more limited options than established operators.
A broad range of transport businesses can benefit, including road haulage contractors, freight and logistics firms, same-day and next-day courier services, pallet network members, international shipping and freight forwarding companies, passenger coach and minibus operators, taxi and private hire fleets that invoice corporate clients, plant and heavy haulage specialists, and refrigerated transport operators. Essentially, any transport business that invoices other businesses rather than taking immediate payment at point of service is a strong candidate.
Costs are typically made up of two elements: a service fee (or discount charge), which is a percentage of your invoice value and is calculated on the funds you draw down, and sometimes an administration or facility fee to cover account management and credit control. The exact pricing depends on factors such as your annual turnover, the volume of invoices you finance, the credit quality of your customers, and whether you choose factoring (where the provider also manages your sales ledger) or invoice discounting (where you retain credit control). Always request a personalised quote, as rates are not one-size-fits-all.
With invoice factoring, the finance provider takes over your credit control, chasing your customers for payment directly. This can save you time and resource but means your clients will know you are using a finance facility. Invoice discounting, by contrast, keeps your sales ledger confidential; you continue to collect payments yourself and your customers are generally unaware of the funding arrangement. For transport businesses, factoring is often popular among smaller operators who want to outsource admin, while discounting suits larger firms wanting to keep client relationships in-house.
