Liberis Ltd is a London-based provider of revenue-based finance, which it describes as a purchase of future receivables and not a loan. Funding starts from £1,000 and is repaid as a fixed percentage of daily sales plus a fixed fee, with no fixed term. Liberis states it is not authorised or regulated by the Financial Conduct Authority.
At a glance
- Product
- Business Cash Advance (revenue-based finance)
- Published amount range
- £1,000 to £500,000
- Published term
- No fixed term; typically 6–12 months
- Typical minimum trading history
- 4 months
- Regulatory status
- Not authorised or regulated by the FCA, as Liberis states
- Head office
- London
| Product | Amount | Term | How you repay |
|---|---|---|---|
| Business Cash Advance (revenue-based finance) | £1,000 to £500,000 | No fixed term; typically 6–12 months | A fixed percentage of daily sales, subject to a monthly minimum |
Figures are Liberis’s own published terms, checked on . They can change, and what you are offered depends on your business: see Liberis’s site for current terms.
Who is Liberis?
Liberis is a London-based provider of revenue-based finance for small businesses. The product is provided by Liberis Ltd, company number 05654231, incorporated in December 2005 according to Companies House and named Merchant Cash Express Limited until October 2013. Its address is Scale Space Building, 58 Wood Lane, London. Liberis says you can apply online if you are eligible or have received an invitation through one of its partners.
What does Liberis offer?
Liberis offers one core product, revenue-based finance, which it also calls a Business Cash Advance. It describes this as a purchase of future account receivables and says it is not a business loan or an overdraft.
| Term | What Liberis states |
|---|---|
| Amount | £1,000 to £500,000, based on revenue |
| Length of term | No fixed term; an estimated timeframe, typically 6–12 months |
| Repayment | A fixed percentage of daily sales, deducted automatically |
| Monthly minimum | Up to 3% of the receivables purchased; a shortfall may be collected by direct debit |
| Cost | The amount advanced plus a fixed fee, with no interest or other fees |
| Early payment | Allowed with no penalty; the fixed fee remains payable |
| Renewal | You may be eligible once 50% of the existing advance is paid |
Liberis’s pages differ on the maximum: its Working Capital page states £1,000 to £500,000, while its funding page for businesses refers to offers from £1,000 to £1 million. We show the lower figure.
Who can apply to Liberis?
Liberis publishes typical criteria, not fixed rules. These are:
- a minimum of 10 transactions a month
- monthly revenue of at least £1,000
- at least 4 months of trading history, or alternatively 12 months of verifiable revenue
Liberis does not provide finance for consumer purposes. The pages we checked do not state which legal forms are eligible or list excluded sectors.
How do repayment and cost work?
You repay revenue-based finance as a share of your sales, so payments are higher in busy periods and lower in quiet ones. Liberis deducts a fixed percentage of your daily sales until the advance and the fixed fee are paid. The total you pay is the amount advanced plus that fee. Liberis says there is no interest and there are no late, early payment or origination fees. Paying early does not reduce the fixed fee.
Liberis expects to receive a monthly minimum of up to 3% of the amount owed, whatever your sales, and may collect a shortfall by direct debit. It asks shareholders owning 25% or more of the company to give personal guarantees.
How is Liberis regulated?
Liberis’s site states: “Liberis’ Business Cash Advance is a form of receivables finance not a loan. Liberis is not authorised or regulated by the Financial Conduct Authority and the Financial Ombudsman Service will not be able to consider a complaint about Liberis.” For a business, that means the agreement is a commercial contract outside FCA-regulated consumer credit, as most finance for limited companies is, and a complaint cannot be taken to the Ombudsman. Liberis also states that Liberis Limited is a registered agent of Modulr FS Limited, an FCA-authorised Electronic Money Institution, for electronic money and payment services.
What are the alternatives to Liberis?
The main alternatives are another revenue-based provider or finance secured on invoices. Liberis’s typical criteria rely on regular transactions, so a business paid by a few large invoices is a closer match for invoice finance.
- YouLend also offers revenue-based finance repaid as a percentage of sales for a fixed fee.
- Kriya provides invoice finance, which advances money against invoices you have already issued.
See every profile in business lenders compared, and read how to compare business loan lenders. For government-backed options, see our guide to the Growth Guarantee Scheme, which lists where to find the British Business Bank’s accredited lenders.
Applying through a broker
Capzy is a credit broker, not a lender, and gets paid by the lender. A single application lets your business compare options across lenders, so you can see revenue-based finance next to loans and other products. Any offer is subject to status and lender criteria. You can check your funding options online.
Sources
- Explore funding, Liberis
- Working Capital, Liberis
- Liberis Small Business Hub, Liberis
- Liberis home page, Liberis
- LIBERIS LIMITED (company number 05654231), Companies House
Capzy is a credit broker, not a lender. We get paid by the lender. This page is general information, not financial, tax or legal advice. Finance is subject to status, lender criteria and affordability; rates and terms depend on your circumstances.