Before you decide on a particular invoice financing option it is important that you compare all the invoice factoring lenders out there in order to find the best deal.
Most of the big UK banks provide invoice financing but there are also plenty of smaller lenders who could provide the perfect financing option if your small business has been turned down by one of the major providers.
With so much choice out there it can be difficult and extremely time consuming to compare each lender yourself. To help speed things along you can compare invoice financing options at Quote Goat using our online comparison platform which takes your information into account in order to find which route is the best fit for you.
These are some of the major lenders in the UK that currently provide invoice financing that you may want to consider:
With the backing of the Royal bank of Scotland, RBS is ale to provide plenty of invoice financing options in a clear and easy to use format thanks to their online platform Facflow. Using this platform you can check your invoices sold, transactions, cashflow, and manage your factoring and discounting facility 24 hours a day.
As one of the UK’s leading banks, Lloyds bank commercial finance has plenty of sector specific experience and offers users a dedicated Client Manager to use as a constant point of contact throughout your service. Lloyds are currently the leading specialists in the construction, manufacturing, recruitment and agricultural sectors.
For businesses that deal with importing and exporting, HSBC’s international status provide a perfectly suited, dedicated invoice factoring and discounting division as well as other specialist financing options.
They have vast experience in helping businesses from all over the world and have offices across Europe, Asia, America, Africa and the Middle East.
Compare these invoice financing options and many more at Quote Goat right now.