BoE Base Rate: 4.50% (since 6 February 2025)

Can I Switch Invoice Finance Provider?

Yes. You need to give notice on your current contract (typically 3 months), then the new and old provider coordinate a debenture transfer at Companies House. This adds 5-10 working days. Have cash reserves to bridge the gap between providers. Many businesses switch to get better rates or service.

OM

Oliver Mackman

Director, Market Invoice

Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.

Last reviewed: 6 April 2026

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