Ultimate finance Alternatives
This guide lists five UK focused alternatives to Ultimate finance, so buyers can compare speed, eligibility, products, and pricing before applying. Data was generated on 2025-11-03T13:55:00Z; always confirm current terms with the provider.
Quick Compare:
1. Bibby Financial Services
Bibby Financial Services Bibby Financial Services is the UK's leading independent invoice finance specialist, providing cash flow funding for over 8,500 businesses. This option suits UK businesses that want to compare Ultimate finance with other panels or faster routes.
Loan and pricing details
Funding range note: From £1,000 to £500,000 typically
Speed: Typically within days for invoice finance
Interest rate notes: Interest rates range from 6.9% to 15.9% depending on risk assessment.
Eligibility
Personal guarantee: Commonly required for smaller businesses
Homeowner advantage: Being a homeowner may enhance credibility in some cases
Services and sectors
- Products: invoice_finance, asset_finance, cash_flow_finance
- Industries: Manufacturing, Wholesalers, Services
Best for
- Established businesses
- Industries with high invoice volumes
Pros
- Flexible funding options
- Strong industry reputation
Cons
- Personal guarantees often required
- Higher costs for new businesses
Sources: https://www.bibbyfinancialservices.com/
2. Close Brothers Commercial Finance
Close Brothers Commercial Finance Close Brothers is renowned for delivering flexible and innovative finance solutions, including invoice and asset finance. This option suits UK businesses that want to compare Ultimate finance with other panels or faster routes.
Loan and pricing details
Funding range note: Unknown
Speed: Decisions within days for standard applications
Interest rate notes: Interest rates are competitive but depend on the asset value and credit profile.
Eligibility
Personal guarantee: May be required depending on risk assessment
Homeowner advantage: Being a homeowner could result in better terms
Services and sectors
- Products: invoice_finance, asset_finance, vehicle_finance
- Industries: Automotive, Construction, Healthcare
Best for
- Businesses needing asset finance
- Companies looking for tailored finance options
Pros
- Comprehensive financial products
- Established reputation
Cons
- Complex application process
- Personal guarantees may apply
Sources: https://www.closeassetfinance.co.uk/
3. Kriya
Kriya Kriya provides quick and flexible invoice finance options. Its focus is on enabling businesses to unlock cash tied up in invoices rapidly. The service is suitable for firms seeking fast access without complex collateral requirements.
Loan and pricing details
Funding range note: Up to 90% of invoice value
Speed: Funds available within 24 hours for approved invoices
Interest rate notes: Funding costs are based on the value of invoices and turnaround time.
Eligibility
Personal guarantee: Not typically required
Homeowner advantage: No specific advantage as it's invoice-based
Services and sectors
- Products: invoice_finance
- Industries: Retail, Professional services
Best for
- Fast access to funds
- Businesses with immediate cash flow needs
Pros
- Lightning-fast funding
- No ongoing fees
Cons
- Only for invoice-based funding
- Limited product range
Sources: https://www.kriya.co/solutions/invoice-finance
4. Skipton Business Finance
Skipton Business Finance Skipton Business Finance offers flexible invoice finance options including factoring and discounting. Its services are suitable for firms needing quick cash flow solutions with varied collateral options.
Loan and pricing details
Funding range note: Typically funds up to 95% of invoice value
Speed: Quick access to funds, typically within days
Interest rate notes: Rates are typically competitive, influenced by invoice and risk factors.
Eligibility
Personal guarantee: Generally not required due to invoice security
Homeowner advantage: No direct impact as finance is invoice secured
Services and sectors
- Products: invoice_finance, factoring, invoice_discounting
- Industries: Manufacturing, Logistics, Retail
Best for
- Small to medium enterprises
- Businesses with poor credit looking for cash flow solutions
Pros
- Flexible product offerings
- Customer-focused service
Cons
- Invoice-based products only
- Variable costs
Sources: https://www.skiptonbusinessfinance.co.uk/
5. Growth Lending
Growth Lending Growth Lending focuses on innovative lending, including venture debt and invoice finance. It offers flexible options suitable for high-growth companies. The service typically provides quick access to funding with a focus on growth potential and tailored terms.
Loan and pricing details
Funding range note: Customized based on business needs
Speed: Typically within a week for loan approvals
Interest rate notes: Interest rates structured to reflect growth strategy and risk.
Eligibility
Personal guarantee: Usually dependent on loan structure and company risk
Homeowner advantage: Strategic business credentials are more critical
Services and sectors
- Products: invoice_finance, venture_debt
- Industries: Technology, Healthcare, Renewables
Best for
- High-growth companies
- Tech and innovative sectors
Pros
- Support for growth-oriented companies
- Flexible financial structures
Cons
- Higher costs for initial stages
- Complex arrangements
Sources: https://growthlending.com/knowledge-bank/mastering-venture-debt-a-comprehensive-guide
Final notes
When comparing providers, match loan size, timeline, and sector fit first, then confirm current rates and fees with the finance provider. If one option declines your application, a broker or multi lender panel may still place the deal.
