Invoice Finance and Asset-Based Lending Members

Finance company providing invoice finance, trade finance and secured lending to UK SME’s. All sectors for £25.000 to £5 million facilities. 

Hands on, service orientated and multi award winning business.
 

Allica Bank Growth Finance is a senior lending product which can provide revolving and term loan facilities to established UK businesses.

Facilities range from £1m-£10m and can be structured flexibly to meet the needs of the individual business. 

Allica Bank is agnostic regarding the mix of collateral.

ABN AMRO Commercial Finance are a leading provider of cross-border asset based finance solutions, operating in the UK, Netherlands, France and Germany.

We offer funding Iines from £1m to support working capital optimisation, MBO’s and MBl’s, recapitalization (cash-out for investors), mergers and acquisitions and funding for growth.

We utilise a full suite of asset based lending solutions, in conjunction with our Receivables Finance product, including: Inventory Finance, Plant & Machinery Loans and Property Loans, Off Balance sheet structures, Cross Border facilities and Banking solutions including FX and Guarantees. We also offer the Recovery Loan Scheme and Cashflow Loans where required. In addition, we pride ourselves on our ability to structure cross-border and off-balance sheet solutions.

About ABN AMRO Bank N.V., UK Branch
ABN AMRO UK is part of ABN AMRO, a Dutch bank for retail, corporate and private banking clients, offering a full range of financial products and solutions. ABN AMRO’s purpose is Banking for better, for generations to come and our focus is on Northwest Europe and the UK. Headquartered in Amsterdam, the bank serves over 5 million clients and employs more than 20,000 people.

In the UK, we offer established positions in Large Corporate Coverage, Global Markets, Clearing, Asset Based Finance and Transaction Banking. 
 

Bibby Financial Services (BFS) is one of the UK’s largest independent SME funders. As part of a long established family business, they’ve been a trusted professional partner to SMEs for more than 40 years and today support over 8,500 customers across 9 countries. 

BFS provide specialist working capital finance, as well as FX services, to help businesses thrive and grow in both domestic and international markets. 

They support businesses from a variety of sectors and turnover brackets to unlock working capital for a range of scenarios. These include cashflow funding, new equipment purchase, growth and expansion, management buy ins and buy outs, refinancing, corporate restructuring and mergers and acquisitions. 

BFS’s solutions include: 

• Invoice Discounting
• Invoice Factoring
• Export Finance
• Specialist finance for the construction and recruitment sectors
• Asset Finance
• Foreign Exchange

Rated Excellent on Trustpilot, BFS bring expertise and flexibility to enable businesses to achieve their aspirations. Through their personal, local approach, BFS build longstanding and valuable relationships with their clients, supporting them through all stages of their business lifecycle.

Employing over 190,000 professionals worldwide, BNP Paribas is the leading banking institution in the Eurozone and the largest European bank present in the UK. Indeed, its UK roots date back over 150 years. Committed to supporting UK business as well as providing market-leading international capability, BNP Paribas is privileged to be the banking partner of choice.

BNP Paribas’ Commercial Finance & Factoring division is the leading provider of receivable and asset-based lending solutions in the UK and Europe, advancing in excess of €28bn to over 21,000 valued clients. Our flexible financing products are specifically designed to support management buy-outs / buy-ins, mergers and acquisitions, business growth, refinancing / recapitalisations, international expansion and balance sheet optimisation. 

Our solutions include traditional invoice discounting, offered with or without bad debt protection; asset-based lending, leveraging receivables, inventory, property and plant and machinery, and sophisticated limited-recourse receivable purchase programs fully compliant with IFRS 9. Facilities can be provided from the UK as well as from our additional 12 locations across Europe.

Close Brothers Invoice Finance is part of Close Brothers Group plc, a leading UK merchant banking group listed on the London Stock Exchange. The group is underpinned by traditional values, including a responsible and ethical approach to lending.
 
Our purpose is to help the people and businesses of Britain thrive over the long term.
 
We support the unique needs of our customers and clients to ensure that they thrive, rather than simply survive, whatever the market conditions.
 
Unlike other traditional forms of finance, our portfolio of products is designed to provide stability whilst enabling change and fuelling growth. Our funding adapts in line with your company turnover, which is why we don't consider ourselves just a financial provider, but a long-term business partner

Cynergy Business Finance is the asset-based lending subsidiary of Cynergy Bank, providing SMEs with flexible financial solution between £500,000 and £25m per eligible customer.

Cynergy Business Finance’s tailored solutions support ambitious businesses with growth, acquisition, turnaround and expansion, offering funding and specialising in funding against business assets (receivables, plant & machinery, inventory and property). 

The Cynergy Business Finance team has extensive collective experience in commercial and corporate lending. Cynergy Business Finance takes a holistic approach to asset-based lending, enabling them to offer:

• Flexibility – Tailoring each facility to suit individual businesses’ needs and aspirations, including acquisition, growth and expansion, re-financing, and turnaround.
• Range - Financing a spectrum of business assets including revolving assets (receivables and inventory) and fixed assets (equipment, plant and machinery and industrial and commercial property), or mixed-asset facilities. 
• Speed and Certainty – Facilitating fast, positive and assured, financial solutions, ensuring that customers can confidently manage and develop their businesses, whilst feeling empowered to grow.
• Collaborative customer relationships – Cynergy Business Finance works closely with customers to create solutions to suit businesses’ evolving needs, with access to a knowledgeable and proactive team.

Cynergy Business Finance is a subsidiary of Cynergy Bank plc. Asset Based Lending is exempt from regulation by the Financial Conduct Authority and the Prudential Regulation Authority.

Danske Bank is an established provider of local invoice finance solutions, founded on decades of expertise. Danske Bank has a team of specialists, skilled at making more possible for local businesses through customised invoice finance solutions.

Speak to your local member of our dedicated team about a tailored finance solution.

eCapital Commercial Finance (eCapital) is a leading invoice financier providing funding facilities up to £4m to support the growth of small and medium businesses through the provision of flexible working capital facilities. With five fully functional UK regional offices, its local teams are uniquely placed to respond promptly and purposefully to the cashflow needs of its clients. Bespoke facilities are available to companies at all stages of their life cycle with turnovers ranging from start up right through to £50m across multiple industry sectors. eCapital has grown significantly since its launch in 2001, providing over £4 billion of funding to businesses. It is majority owned by eCapital, a US based financial services business with interests in the USA and Canada.

FlexABL provides Confidential and Disclosed Invoice Finance facilities of between £50,000 - £500,000. All sectors will be considered, and a decision-making Director will always be available to chat to Clients, giving them the reassurance of swift decision making. 

Flex has easy to use systems and can seamlessly sync with the major accounts packages, simplifying processes for business owners and saving them time.

No two businesses are the same and therefore pricing and funding structures are offered based on the individual needs of the Client. Fixed, variable and bundled fees – every option is on the table.

HSBC UK serves over 14.75 million customers across the UK, supported by 24,000 colleagues. HSBC UK offers a complete range of retail banking and wealth management to personal and private banking customers, as well as commercial banking for small to medium businesses and large corporates.

Corporate Overview 

We are a premier UK corporate and investment banking institution, operating under Investec Bank plc, which holds an A1 rating from Moody’s and a BBB+ rating from Fitch Ratings. As the primary banking subsidiary of Investec plc, a FTSE 250 listed entity, we are committed to delivering exceptional financial solutions. 

Investec Capital Solutions offers businesses flexible access to capital. Our innovative approach addresses the shortcomings of traditional lenders by delivering a unique blend of high-tech solutions and personalised service. This makes our offerings ideal for businesses that require working capital facilities or overdrafts, particularly those facing cash flow challenges or significant events such as management buyouts, mergers, or acquisitions.

Our Product Offerings: 

1. Confidential Invoice Discounting Tailored solutions to enhance cash flow by allowing businesses to access funds against outstanding invoices. 

2. Amortising Secured Loans Flexible term or revolving facilities, typically spanning 3 to 5 years, secured against additional assets or guarantees. 

3. Bad Debt Protection Insurance options available on a whole turnover or selective debtor basis, allowing clients to choose which debts to insure, thereby optimising costs. 

4. Intelligent Insights A complimentary service that enriches existing client data with external sources, offering a comprehensive view of businesses, customers, and prospects. This tool provides timely credit updates and alerts, fostering existing relationships and identifying new business opportunities. It continually evolves to integrate new partnerships. 

Typical Client Profile 

Our typical clients are privately owned SMEs or medium-sized corporates with B2B sales exceeding £1 million. They generally maintain a sales ledger that supports a minimum invoice finance facility of £200,000. These businesses may be undergoing significant events, utilising overdraft facilities, or already employing invoice finance solutions. Our clients span a variety of sectors, with operations primarily in England and Wales.

A Pillar of Strength in Business Finance

Lloyds stands as a beacon of trust and reliability in the financial world. With a heritage that spans over centuries, Lloyds has grown to become one of the UK’s leading financial institutions. The brand is synonymous with stability, innovation, and a customer-first approach, making it a preferred partner for businesses.

Understanding Invoice Finance

Invoice finance is a powerful tool designed to enhance business liquidity and manage cash flow effectively. It allows businesses to unlock the value tied up in unpaid invoices by providing early access to up to 90% of the invoice value. This innovative financial solution comes in two main forms: Invoice Factoring and Invoice Discounting.

• Invoice Factoring is ideal for businesses looking for comprehensive support. It not only provides funding but can also assist with sales ledger management and credit control processes, allowing businesses to focus on growth while Lloyds Commercial Finance handles the administrative burden.

• Invoice Discounting suits businesses that prefer to manage their own sales ledger and credit control. It’s a confidential service that funds the entire sales ledger, with the funding amount growing in tandem with the business’s sales.

Empowering Businesses with Cash Flow Solutions

Lloyds Invoice Finance solutions are tailored to help businesses access money quickly, thereby strengthening cash flow and supporting growth ambitions. Eligible businesses selling on credit terms can apply, with a minimum turnover requirement set for each service. The bank offers flexible solutions, including funding for both UK and overseas debt in various currencies, and optional credit control support.

How It Works:

1. Supply: Goods or services are delivered, and an invoice is issued to the customer.
2. Invoice: Lloyds advances up to 90% of the invoice value, typically within 24 hours.
3. Funding: The funds can be used to support day-to-day operations or growth initiatives.
4. Complete: Once the customer pays the full invoice value, the remaining balance is received, minus any applicable fees

With over 50 years of experience, Lloyds is a leading provider of Invoice Financing in the UK, offering a seamless online platform for easy management and planning with confidence in cash flow.

Factoring and Invoice Discounting facilities may be provided by one or more of Lloyds Bank Commercial Finance Limited, Lloyds Bank plc and Bank of Scotland plc. Lloyds Bank Commercial Finance Limited. Registered in England & Wales no. 733011. Registered office: No.1, Brookhill Way, Banbury OX16 3EL. Lloyds Bank plc. Registered in England and Wales no. 2065. Registered Office: 25 Gresham Street, London EC2V 7HN

Metro Bank is a different kind of high street bank. A bank with stores that are open when it suits its customers; seven days a week, early until late. Our customers and their needs always come first at Metro Bank. We’re a community bank, with each of our stores rooted in the local community they serve.
 
The Invoice Finance and Asset Based Lending team provide; factoring with a named credit controller in the UK and a trust account for each customer, confidential invoice discounting with options to extract data and remove the need for reconciliations, and asset-based lending where they can provide funding against stock, plant and machinery in addition to invoices, as well as cashflow lending.
 
Metro Bank service businesses with turnover in excess of £500,000, with their largest customers having turnover of more than £100,000,000. They cover a variety of sectors and have a specialism in recruitment and wholesale.
 
The proposition revolves around building strong relationships with customers, and they do this by moderating the number of customers in each portfolio. To back up this service proposition customers need only provide 28 days’ notice to exit the facility.

What is Invoice Finance?
 
Invoice finance is a way to gain quick access to funds by raising them from your existing unpaid invoices.
 
We have two types of working capital products which can be offered to a number of different sectors including haulage, recruitment and manufacturing.
 
Invoice Discounting

• A simple way to access funds
• Could be ideal if cash is locked up in outstanding invoices
• You could get up to 90% of the money you're owed within 24 hours
• Robust ledger control is a must as you are responsible for collecting the money 
• Your business must have a minimum turnover of £300k

 
Asset Based Lending

• Release cash from your existing assets by borrowing against the value of those assets
• Could help improve your business cashflow
• If you have cash tied up in assets such as inventory, this could help release some of it
• By using Asset Based Lending it could help your business to make acquisitions
• Your business must have a minimum turnover of £6.5m"

Novuna is a trading style of Mitsubishi HC Capital UK PLC, a leading financial services company. For over 40 years, formerly as Hitachi Capital (UK) PLC, Novuna has worked with consumers and small to medium enterprises (SMEs) as well as corporate multinationals in the UK and mainland Europe, enabling millions of consumers and businesses to achieve their ambitions.  Novuna is a trading style of Mitsubishi HC Capital UK PLC, a leading financial services company. For over 40 years, formerly as Hitachi Capital (UK) PLC, Novuna has worked with consumers and small to medium enterprises (SMEs) as well as corporate multinationals in the UK and mainland Europe, enabling millions of consumers and businesses to achieve their ambitions.

Novuna Business Cash Flow provides a revolutionary approach to helping SMEs across a wide range of sectors in the UK to improve their cash flow. The fast, flexible finance solutions enable businesses to release funds from unpaid invoices within 24 hours. Recognised as SME Lender of the Year at the 2023 Credit Awards and by Business Moneyfacts as the Best Factoring & Invoice Discounting Provider for 2023, they have a proven track record in the cash flow finance market with an established digital capability using FLi, a market-leading, digital onboarding platform. Clients are not tied in for long periods and what’s more, a 6-month trial period is provided to allow SMEs to test the product and service first.

Paragon Business Finance plc is part of Paragon Bank plc, a UK specialist bank listed on the London Stock Exchange.

Service, customer relationships, and flexibility have been our core focus ever since we were founded in 1985. We proudly support a variety of sectors, including transport, recruitment, engineering, manufacturing, and print.

We understand and support the unique needs of our customers, helping them thrive in an ever-changing market. By building long-term, consistent partnerships with SMEs across the UK we help businesses grow, supporting with cashflow funding solutions which range from £25,000 to £5 million, all targeted to support growth, acquisition or restructuring.

To help mitigate the impact of bad debt, we offer customer protection and optional credit control support. A dedicated team member will work closely with you so you can get the most out of your account.

In addition to our cashflow funding, we also provide asset finance, motor finance, and government-backed support loans.

Praetura Commercial Finance Group is an independent specialist lender that provides multiple ABL solutions to businesses. These include confidential invoice discounting, stock revolver finance, plant and machinery term loans, property term loans and cash flow term loans, with advances from £350,000 to £25 million. 

The team, led by Lisa Wood (Managing Director), Stuart Bates (Commercial Director) and Nicola Woodhams (Relationship Director), has lent over £275m to date, funding everything from MBOs and MBIs to growth finance. 

In 2023, Praetura Commercial Finance Group was named Asset Based Lending Team of the Year at the Insider North West Dealmakers Awards. And in Q3 2023 alone, the business was responsible for 17 new deals, totaling £35m worth of facilities. 

What separates Praetura Commercial Finance Group is an entrepreneurial approach to finance and risk as well as a reputation for relationship-led lending. Praetura Commercial Finance Group is also synonymous with providing More Than Money to clients across a wide-range of verticals. Praetura Commercial Finance Group is committed to supporting UK-wide SMEs and continues to work with business of all sizes.

Pulse Cashflow are a leading independent funder, supporting businesses who have a wide range of working capital requirements.  They provide one of the fastest and most pragmatic service in the market.  They work with businesses seeking to access a fast, transparent, and fair funding facility from £200k to £5 million.

They offer:

• Invoice Discounting – a tech enabled funding only solution for more established businesses.
• Invoice Finance – a funding, sale ledger management and collection solution. 
• Trade Finance – for businesses who need to fund upfront purchases of finished goods.
• Strategic Finance – funding for larger businesses seeking bespoke funding solutions.

Their solutions can include Bad Debt Protection providing peace of mind to clients in the event of non-payment.  Facilities have a minimum term of 12 months and can be put in place in as little as 5 days.  They make simple funding decisions based on the quality of the sales ledger, not the clients’ historical performance.

They support businesses across a wide range of industry sectors including manufacturing, transport, security services, apparel and manpower who:

• trade with other businesses on credit terms
• turnover in excess of £1 million pa
• have 2 years trading history and a positive balance sheet

We equip recruiters for success. We empower any recruiter to be successful in their own right; it’s what drives us. Through blending technology and people, our recruitment funding solution enables any recruiter to shake up the dominant structure of the UK’s recruitment market.  No matter which stage we join your journey, whether it’s start up, or you’re adding a temp division, wanting perm funding or looking for a new funding provider, we’re here for you. Over 350 recruitment businesses in the UK currently trust us with their funding and back office requirements – payroll, bad debt protection, e-timesheet functionality, invoicing and credit control.

Sallyport Commercial Finance Ltd is an independently owned and operated, leader in commercial finance. The wider Sallyport group has operations in the UK, USA and Canada and work with business owners to access the capital they need to grow. Sallyport UK offer a wide range of Invoice Finance services from Factoring to Confidential Invoice Discounting, including Bad Debt Protection.

Sallyport focus on supporting businesses turning over up to £10m per annum requiring facilities up to £1m. 
Sallyport can provide facilities for businesses supplying products or services to other businesses on credit terms, including new starts and those involved in export trade. All sectors with the exception of companies supplying into the Construction sector can be supported.

Sallyport’s vision is to grow together with their business partners and clients to help entrepreneurs achieve their hopes and dreams. Sallyport promise to:

• Listen carefully 
• Do what they say 
• Use their experience to make decisions
• Take the necessary time to understand their clients’ needs

Santander offers a comprehensive range of flexible funding solutions, tailored to meet individual business needs.  

Our invoice finance solution gives an injection of cash against outstanding invoices.  As part of our ABL offering (and subject to asset type and availability) we can also advance funds against inventory and plant & machinery. We can offer up to 90% advance rate, 100% debtor concentration and 100% funding on export receivables, with an ability to fund multiple currencies.

Secure Trust Bank Commercial Finance is a wholly owned division of Secure Trust Bank PLC listed on the London Stock Exchange and fully regulated by the PRA and FCA and headquartered in the West Midlands.

The Commercial Finance division operates nationally across the UK from regional offices based in Manchester, Leeds, Birmingham, and London providing full asset-based lending to clients via receivables, inventory, plant & machinery, property and cashflow funding from £3m to £50m.

Funding is provided to support private equity acquisitions and investments, MBO’s and MBI’s, restructuring, turnaround, business acquisitions and growth opportunities.

At Skipton Business Finance (SBF), we have been helping UK SMEs fulfil their aspirations for over 20 years by providing working capital solutions that support their ambitious growth plans.

Our solutions give businesses the confidence and ability to take the next step in their journey, whether it be a new start business looking for a cashflow boost, or a long-established operation planning to complete an acquisition to push their business to the next level. From credit-managed facilities to help owner managers grow their business, or confidential turnkey facilities, we have a solution to suit the needs of each business we deal with.

We’re part of the Skipton Group, where the core ethos is to build stronger relationships with the people, customers and the communities we serve. At SBF, we share that mission and we pride ourselves on the exceptional client care we provide, whilst constantly striving to keep our customers’ needs at the centre of every decision we make.

Ultimate Finance’s aim is to be the funding partner of choice for businesses and introducers. Since opening in 2002, they’ve delivered over £10bn in funding to support business ambition. Backed by the Tavistock Group, they provide asset-based funding solutions to businesses across all markets, regardless of size. These funding solutions include Invoice and Asset Finance, Bridging Finance and Structured Finance. They also have a specialist product for recruitment and construction clients and those looking for a Trade Finance facility.

What makes Ultimate Finance different? They take a dynamic approach to lending: they look at the bigger picture and find the right solution at the right time. 

They ensure a long-term, consistent partnership approach and are committed to supporting and facilitating their clients’ ambitions to keep business moving. 

Their relationship driven approach to funding is why clients and introducers have awarded Ultimate Finance an industry leading score of 5 on Trustpilot

Virgin Money is a full-service digital bank, serving 6.5m customers across the UK. It offers market-leading products and services to meet the full range of customers’ retail and business banking needs. Virgin Money aims to provide a consistently world-class experience for customers through its leading technology platform, telephone banking and a national network of innovative stores and business banking centres. By making banking better, Virgin Money seeks to deliver on its purpose of ‘Making you happier about money’.

Virgin Money has a proud heritage of supporting businesses to help them thrive. It has over 250k business customers, providing a range of services and financing options so they can manage their money and grow their businesses. Through current accounts, short-term and long-term financing, and digital tools to make life simpler and give them control, Virgin Money provides expertise, award-winning products and Virgin perks to small and large businesses to help them succeed.
 

Wells Fargo Capital Finance provides comprehensive asset-based lending and technology finance to a wide spectrum of companies across the UK and Ireland, and their subsidiaries around the world. With offices in London and Manchester, we bring a strong and proven track record of working with clients to develop their businesses. We deliver flexible financing options for companies facing a variety of situations, including: early and mid-stage turnarounds, growth, leveraged buyouts, refinancing, restructurings, mergers and acquisitions. Our team supports facility sizes ranging between £20M and £150M, and Agents facilities up to £0.5Bn. We largely serve clients in sectors such as retail inventory finance, manufacturing, food and beverage, agricultural supply, building supplies and materials – amongst others.