RBS Invoice Finance

What RBS Invoice Finance does

RBS Invoice Finance Limited is a private limited company registered in England and Wales (No. 662221), operating as a wholly-owned subsidiary of Royal Bank of Scotland within the NatWest Group. The company provides invoice finance and asset-based lending products to UK businesses, offering invoice discounting (with a minimum turnover requirement of £300k) that releases up to 90% of outstanding invoice value within 24 hours while the customer retains ledger control, and asset-based lending (minimum turnover £6.5m) that provides cash release against existing business assets for working capital and acquisition financing.

The core technology is the FacFlow online platform, a secure self-service portal for managing invoice finance facilities, supporting invoice discounting operations, providing 13 months of statement history, and offering paperless communication including e-statements and e-letters. FacFlow integrates with RBS's broader digital banking infrastructure, including Bankline, and is accessible to existing RBS business banking customers via the digital banking login.

Revenue is generated through transaction-based fees on invoice discounting and asset-based lending facilities, capturing the spread between funding costs and customer charges. Distribution occurs through three primary channels: RBS's UK branch network with relationship managers (enterprise sales), the FacFlow self-service online platform (mid-market PLG-style access), and integration with RBS digital banking for existing business customers. Customer segments are horizontal, segmented primarily by turnover size: businesses with £300k+ turnover for invoice discounting and £6.5m+ turnover for asset-based lending. Partnerships with FreeAgent (accounting), ClearSpend (expense management), Tyl (payments), Lombard (asset finance), and Cushon (pensions) extend the embedded ecosystem around the core invoice finance offering.

Name

RBS Invoice Finance

Legal name

RBS Invoice Finance Limited

Website

https://rbsif.co.uk

Company type

Private

Founded year

1727

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

RBS Invoice Finance provides invoice discounting and asset-based lending to UK businesses through the FacFlow online platform and Royal Bank of Scotland's branch network, serving companies with minimum turnover thresholds of £300k to £6.5m.

Ownership category

akta.pro rank

Product category

Invoice Finance and Commercial Lending

NAICS

Other Nondepository Credit Intermediation (52229), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

P2P Debt Consolidation & Refinancing (FSAKAHAB)

akta.pro secondary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

Keywords

• Invoice discounting services
• Asset based lending
• Receivables financing
• Invoice finance platform
• Working capital solutions

Headquarters

HQ city

Feltham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Invoice Finance Fees: RBS Invoice Finance generates revenue through fees charged on invoice finance facilities including asset based lending and invoice discounting. Revenue is derived from the difference between borrowing costs and fees charged to business customers seeking to unlock cash tied up in receivables or assets.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

RBS Invoice Finance provides invoice discounting and asset based lending facilities to UK businesses, enabling them to unlock cash tied up in outstanding invoices or existing business assets. The FacFlow online platform serves as the digital interface for accessing and managing these facilities, supporting invoice discounting operations with paperless statements and 13 months of statement history. Services are delivered through Royal Bank of Scotland's branch network, relationship managers, and self-service digital channels.

Product overview

RBS Invoice Finance provides a portfolio of invoice finance products centered around the FacFlow online platform. The core offerings consist of Invoice Discounting (providing up to 90% of invoice value within 24 hours for businesses with £300k+ turnover) and Asset Based Lending (for larger businesses with £6.5m+ turnover). FacFlow serves as the unified digital interface for managing both facilities, enabling online access, statement retrieval, and paperless communication.

Differentiator

Problem solved

Functional benefit

Brands

• FacFlow: Online platform for accessing and managing invoice finance facilities securely

Products and services

• Invoice Discounting Invoice finance solution that allows UK businesses to unlock cash from outstanding invoices, providing up to 90% of owed money within 24 hours. Customers collect payments and maintain ledger control. Requires minimum business turnover of £300,000.
• Asset Based Lending Cash release facility against existing business assets, supporting cash flow improvement and acquisition financing. Requires minimum business turnover of £6.5 million. Security may be required.
• FacFlow Online Platform Secure online portal that enables businesses to access and manage their invoice finance facilities at any time, view account information, and handle paperless communication including e-statements and e-letters with 13 months of statement history.

Quantifiable outcome

• Up to 90% of invoice value accessible within 24 hours
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered supporting and core.

• FreeAgentsupportingTechnology or IntegrationFreeAgent accounting software integration with RBS digital banking, allowing business customers to access accounting software through RBS digital banking platform. Customers can log in to FreeAgent directly from RBS digital banking.
• TylsupportingChannel Partner/ Reseller/ DistributorTyl provides payment processing services for RBS business customers, including contactless and tap-to-pay solutions for merchants.
• LombardsupportingChannel Partner/ Reseller/ DistributorLombard provides asset finance services referred by RBS, handling hire purchase, contract hire, and leasing for business customers.
• CushonsupportingChannel Partner/ Reseller/ DistributorCushon provides workplace pensions as an additional service for RBS business customers.
• ClearSpendsupportingTechnology or IntegrationClearSpend is a spend management platform integrated with RBS banking, providing business expense tracking and management for RBS customers.
• NatWest GroupcoreStrategic or Co-development PartnerRBS Invoice Finance operates as a subsidiary of NatWest Group (formerly Royal Bank of Scotland Group). NatWest Group provides the banking infrastructure, customer base, and regulatory framework for RBS Invoice Finance operations.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Bibby Financial Services: One of the largest independent invoice finance and asset based lending providers in the UK, offering invoice discounting, factoring, and asset based lending to SMEs and mid-market businesses — directly comparable products, customer segments, and geographies to RBS Invoice Finance.
• Aldermore Invoice Finance: UK challenger bank offering invoice finance and asset based lending to SMEs and mid-market businesses, comparable in product design, customer segment, and fee-based revenue model to RBS Invoice Finance.
• Close Brothers Invoice Finance: Specialist UK invoice finance and asset based lending provider focused on SMEs, directly competing in invoice discounting and asset-based lending with comparable minimum turnover thresholds and pricing models.
• BNP Paribas Leasing Solutions: Major European banking group offering asset-based lending, receivables finance, and related working capital solutions to UK and European businesses, comparable in product depth and ability to serve larger mid-market customers.
• HSBC Invoice Finance (HSBC UK): Major UK bank offering invoice financing and receivables-backed lending to business customers, comparable in distribution model (branch + relationship manager + digital), product mix, and minimum-turnover thresholds to RBS Invoice Finance.
• Barclays Invoice Finance: UK clearing bank providing invoice finance and asset-based lending facilities to business customers, with similar product structure, customer tiers, and embedded bank distribution as RBS Invoice Finance.
• Lloyds Bank Commercial Banking: Major UK bank offering invoice discounting, asset based lending, and broader working capital solutions to UK businesses, comparable in product scope, customer segment, and integrated branch-based distribution.

Broad incumbents

• Funding Circle: UK-listed platform lending to SMEs including through invoice- and receivables-backed facilities, an alternative lender with overlapping SME working-capital customers and a digital-first distribution model versus RBS Invoice Finance's bank-led approach.

Others

• Lombard (NatWest Group): Sister NatWest Group subsidiary providing asset finance (hire purchase, contract hire, leasing) to UK businesses; not a direct invoice discounting competitor but a closely related working-capital and asset-financing counterpart within the same parent ecosystem.

Emerging players

• MarketFinance: Digital-native UK invoice finance and business lending platform providing invoice discounting, factoring, and lines of credit to SMEs, competing with bank-affiliated offerings on speed and digital experience rather than balance-sheet scale.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/RBSBusiness
• Facebookfacebook.com/RBSBusiness
• LinkedInlinkedin.com/company/rbs-invoice-finance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RBS Invoice Finance