Key facts
- Aldermore said it would work with affected customers and intermediaries while the review is completed.
- City AM reported on October 1, 2026, that the bank was consulting on shrinking its invoice finance division, citing unnamed sources.
Aldermore is carrying out a strategic review of its products and long term priorities, the bank said, adding that the review would be completed shortly and that it would work with affected customers and intermediaries during that time.
On October 1, 2026, City AM reported, citing unnamed sources, that the bank was consulting on plans to shrink its invoice finance division. The reported plans set a minimum facility of around £1 million, which could reduce the customer base from roughly 500 businesses to around 100, and one source suggested that remaining facilities might not be renewed, allowing a gradual exit. Potential redundancies within the invoice finance team were also mentioned. None of these reported details has been confirmed by Aldermore.
No published outcome of the review had been seen at the time of the report. The report noted that any change to facilities would most likely take effect at the end of a contract term or after a notice period, and that a business with a facility should treat its lender as the only source of confirmed information about its own agreement.