Pulse Finance (formerly Pulse Cashflow Finance)
Independent Basingstoke-based invoice finance and trade finance specialist, management-owned since an April 2025 Arena Investors-backed MBO, serving UK SMEs up to a £5m facility cap.
What they do
Pulse Finance provides invoice factoring, invoice discounting, and trade finance to UK B2B businesses, releasing up to 90% of outstanding invoice value typically within 24 hours. Credit decisions are based on the quality of the receivables ledger rather than the borrower's own credit profile or trading history, making the product accessible to businesses that would not clear a conventional credit assessment. The business also offers a specialist construction finance facility for main contractors and first-tier sub-contractors with turnover above £2.5m. Facilities scale with the borrower's sales ledger, up to a stated maximum of £5m.
Where they fit in a lower-mid-market raise
Best fit for a lower-mid-market business that has a clean, diversified B2B receivables ledger and needs working capital acceleration rather than term debt. Particularly relevant where the business is asset-light but invoice-rich — recruitment, facilities management, construction sub-contracting, care services — and where a mainstream bank has declined or imposed unacceptable conditions. The debtor-led underwrite is the key differentiator: a business with a strong sales ledger but thin balance sheet or short trading history can still get funded. Within Solon's 3–15m mandate the fit is at the lower end (facilities up to £5m), but they are a credible first call for a £1–5m working capital line where the ledger quality supports it.
Where they are not the fit
Not a fit for term loans, property finance, asset finance, or any structure outside receivables. Businesses with consumer (B2C) revenue, concentration risk in the debtor book, or very long or disputed payment cycles will face structural obstacles. The £5m facility cap means they fall away for larger working capital requirements. Businesses seeking confidential invoice discounting at the larger end of the LMM will likely find the major clearing banks or larger ABL providers (Lloyds, HSBC, Shawbrook) offer more headroom and brand familiarity to key counterparties.
Published terms
- Pricing
- Finance cost = agreed % over bank base rate (usage-based) + service fee = agreed % of annual turnover; broker pages cite fees from ~£550/month; no headline rate card
- Speed to terms
- Up to 90% of invoice value within 24 hours of upload
- Sponsored or sponsorless
- Both sponsor-backed and owner-managed borrowers
- Where they lend
- (UK; HQ Basingstoke, Hampshire)
- How they decide
- Independent owner-managed lender post-2024 MBO (Arena-backed); relationship/account-manager model; broker-originated. 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 July 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from Pulse Finance (formerly Pulse Cashflow Finance)’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Min turnover ~£375k
- No B2B receivables
- No appetite in adult, consumer retail 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.
- 11 of the 40 publish an indicative price at all; it is one of them.
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 Pulse Finance (formerly Pulse Cashflow Finance) 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 Pulse Finance (formerly Pulse Cashflow Finance) move?
Up to 90% of invoice value within 24 hours of upload. Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Does Pulse Finance (formerly Pulse Cashflow Finance) lend to companies without a private-equity sponsor?
Yes. Pulse Finance (formerly Pulse Cashflow Finance) lends to owner-managed and sponsor-backed borrowers alike, so a company with no private-equity backer is not out of scope on that ground.
Where does Pulse Finance (formerly Pulse Cashflow Finance) lend?
Pulse Finance (formerly Pulse Cashflow Finance) lends in (UK; HQ Basingstoke, Hampshire).
What covenants does Pulse Finance (formerly Pulse Cashflow Finance) 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.
On the record
Pulse Finance Limited (formerly Pulse Cashflow Finance 4 Limited, then Pulse Factoring Finance Limited) is registered at Companies House under number 08429955, incorporated 5 March 2013, SIC 64992 (Factoring), registered address The Grosvenor, Basing View, Basingstoke, Hampshire RG21 4HG.
In April 2025, management (Toni Dare MD and Martin Bennison Sales & Marketing Director) completed a management buyout backed by Arena Investors LP, rebranding the business from Pulse Cashflow Finance to Pulse Finance.
The business was established in 2008 and the management team collectively holds over 160 years of asset-based lending experience.
Pulse Finance provides invoice factoring and invoice discounting alongside trade finance and construction finance, releasing up to 90% of the value of outstanding invoices, typically within 24 hours.
Facilities are offered up to a stated maximum of £5m and grow in line with the borrower's sales.
Invoice discounting is offered to established businesses with internal credit-control resources and a track record of reliable collections; funders may set minimum turnover thresholds and require audited accounts.
Sources: pulsefinancelimited.com · alternativebusinessfunding.co.uk · quantuma.com
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.