{"id":125940,"date":"2020-09-09T13:47:57","date_gmt":"2020-09-09T12:47:57","guid":{"rendered":"https:\/\/startups.co.uk\/?p=125940"},"modified":"2023-10-24T00:00:00","modified_gmt":"2023-10-24T00:00:00","slug":"best-invoice-factoring-companies","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/funding\/invoice-finance\/best-invoice-factoring-companies\/","title":{"rendered":"Best 6 invoice factoring companies for UK small businesses"},"content":{"rendered":"

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Startups.co.uk is reader supported – we may earn a commission from our recommendations, at no extra cost to you and without impacting our editorial impartiality.<\/p>\n <\/div>\n <\/div>\n[vc_column_text title_type=”h1″]Invoice factoring can free up vital cash for your business – but it can be hard to find a provider that suits your needs and will help you achieve your goals. Thankfully, we’ve done the research on the UK invoice factoring market and identified our top six picks for different stage businesses.\n

Our expert researchers have found that the best invoice factoring services are currently Optimum Finance<\/strong>, GapCap<\/strong> and the broker service Inspired Finance<\/strong>.<\/p>\n

We’ll explain each of their merits, as well as the merits of a few other alternative options in this guide.[\/vc_column_text]\n <\/p>

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\n \n \n Best invoice factoring services at a glance <\/span>\n <\/div>\n \n
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  1. Optimum Finance<\/strong><\/a> – best for startup businesses<\/strong><\/li>\n
  2. GapCap<\/strong><\/a> – best for a speedy application process<\/strong><\/li>\n
  3. Inspired Finance<\/strong><\/a> – best for a helping hand in your search<\/strong><\/li>\n
  4. Bibby Financial Services<\/strong><\/a> – best for global expertise<\/strong><\/li>\n
  5. Hitachi Capital UK<\/strong><\/a> – best for seeing if invoice finance is right for you<\/strong><\/li>\n
  6. Skipton Business Finance<\/strong> <\/a>– best for a simple and clear fee structure<\/strong><\/li>\n<\/ol>\n

    It’s essential to understand the costs involved in invoice factoring – you can click any of the links above to begin comparing fees on invoice factoring services for your own business’s size and needs.<\/em><\/p>\n <\/div>\n <\/div>\n[vc_column_text title_type=”h1″]With business overheads proving a huge challenge in the cost of living crisis and economic downturn, invoice factoring can provide a vital lifeline for businesses needing access to ready cash. But, it’s essential to understand the fees and conditions involved before you commit.\n

    You can use our free, no-obligation 🔍cost comparison tool<\/strong><\/a> to understand the likely invoice factoring fees for your business. To easily find a lender that suits your requirements, just select a few details about the needs of your business and we’ll connect you with top, trusted invoice factoring agencies.<\/p>\n

    In this guide, we’ll explain all you need to know about each of the invoice factoring services we’ve identified as great choices for a small business. Read on for more detailed insight into six of the best invoice factoring companies operating in the UK.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<\/p>

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