Kriya
A digital invoice finance and business-to-business payments lender, acquired by Allica Bank in 2025, advancing up to 90 per cent of invoice value within a day on facilities to £5m.
What they do
Kriya, formerly MarketFinance, funds invoices and embedded business-to-business payment terms through an automated platform. Advances reach 90 per cent of invoice value within 24 hours of verification, facilities run from £100k to £5m, and selective funding is priced per invoice with no contract commitment. Debtors in more than forty-five countries and four currencies are supported. Allica Bank completed its acquisition of the business in October 2025, moving the lending onto a deposit-funded balance sheet and the bank's credit infrastructure.
Where they fit in a lower-mid-market raise
Speed and an end-to-end digital process are the argument here, which suits a company whose finance team is small and whose need is immediate. The Allica acquisition matters more than the product detail: deposit funding and a bank licence behind a fintech underwriting engine is the combination most likely to push facility sizes up over the next few years, and it is worth watching for that reason.
Where they are not the fit
Today's facilities are SME-scale and sit below the core of a £3–15m raise, so this is a working-capital line rather than a senior lender. The borrower must be a UK limited company or partnership with at least a year of trading and filed accounts, and consumer receivables are not funded.
Published terms
- Pricing
- Not published
- Speed to terms
- Up to 90% of invoice value within 24 hours of verification; fast digital onboarding
- Sponsored or sponsorless
- Both (predominantly owner-managed SME working capital)
- Where they lend
- (UK-registered borrowers; invoices to debtors in 45+ countries; multi-currency GBP/USD/EUR/AUD)
- How they decide
- Tech-led or automated underwriting; digital application; now on Allica Bank's balance sheet and credit infrastructure. Authority is delegated below committee on at least part of the book
- Security
- Receivables
- Covenants
- Springing covenant, tested only when a trigger is hit
As published by the lender and last reviewed June 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Kriya lends through 2 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Kriya lends, but which of these would own it.
Invoice finance (selective + whole-ledger)
- Facility
- £100k to £5m
- Security
- Receivables
- Covenants
- Springing covenant, tested only when a trigger is hit
- Funds
- Growth · Refinance
- Rules out
- UK Ltd/LLP only; Min turnover ~£100k; <12 months trading or no filed accounts
B2B paylater / embedded lending (API, white-label trade credit)
- Security
- Receivables
- Funds
- Growth
Limits that apply across the firm
Stated limits, taken from Kriya’s own published criteria, beyond the ones each desk carries above. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- No appetite in adult, consumer only no b2b, crypto, gambling or weapons
How they sit against the category
- Its published ceiling is £5m; 26 of the 40 asset-based lenders here go at least as high.
- Like 29 of the 40, it publishes no indicative price — a margin comes from a conversation, not a page.
Counted across the 40 asset-based & asset-finance lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Kriya write?
Published facilities reach £5m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does Kriya move?
Up to 90% of invoice value within 24 hours of verification; fast digital onboarding. Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Does Kriya lend to companies without a private-equity sponsor?
Yes. Kriya lends to owner-managed and corporate borrowers, and publishes no private-equity sponsor proposition.
Where does Kriya lend?
(UK-registered borrowers; invoices to debtors in 45+ countries; multi-currency GBP/USD/EUR/AUD).
What covenants does Kriya set?
Springing covenant, tested only when a trigger is hit. A covenant package is negotiated on the facility; the published style is where the negotiation starts.
Sources
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.