Aldermore Invoice Finance vs Time Finance: UK Invoice Finance Comparison 2026
Both operate in UK independent invoice finance, outside the high street banks. They differ on sector focus, headline pricing and the minimum turnover they will consider. Aldermore Invoice Finance advances up to 90% with setup typically in 7 working days; Time Finance advances up to 90% with setup in 7 working days. Aldermore Invoice Finance needs £250k minimum turnover, Time Finance needs £250k minimum turnover. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
| Aldermore Invoice Finance | Time Finance | |
|---|---|---|
| Product type | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance, asset finance, vehicle finance |
| Min turnover | £250k | £250k |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | 1% to 2.5% service charge | 1.5% to 3% service charge |
| Contract / commitment | Whole-ledger or selective | Whole-ledger or selective |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 7 working days | 7 working days |
| Best for | £250k-£5m turnover Ltd companies; Cross-product banking relationship seekers; Growth Guarantee eligible | SME service businesses; Multi-product facility seekers; £250k-£5m turnover |
| Last reviewed | 2026-05-12 | 2026-05-12 |
When Aldermore Invoice Finance wins
- Challenger bank stability with independent-style speed.
- Growth Guarantee Scheme accredited (Aug 2025).
- New Receivables Finance product widens eligibility.
- Sector breadth: manufacturing, wholesale, business services.
Best for
£250k-£5m turnover Ltd companies, Cross-product banking relationship seekers, Growth Guarantee eligible.
Watch outs
- Setup around 7 days, slower than the fastest fintech lenders.
- Service charge above the cheapest mainstream headline rates.
- Less specialist than Sonovate for recruitment.
When Time Finance wins
- AIM-listed independent, financial transparency.
- Multi-product cross-sell capability.
- SME-friendly underwriting culture.
- £150m annual funding scale.
Best for
SME service businesses, Multi-product facility seekers, £250k-£5m turnover.
Watch outs
- Not the lowest-cost mainstream choice.
- Less brand presence than the largest mainstream providers.
- Smaller team than mid-market banks.
FAQ
Aldermore Invoice Finance or Time Finance: which is the better fit for UK invoice finance in 2026?
Aldermore Invoice Finance is the stronger fit for £250k-£5m turnover Ltd companies (£250k minimum turnover, setup 7 working days); Time Finance fits SME service businesses better (£250k minimum turnover, setup 7 working days). The "when X wins" sections above break this down by profile.
What are the headline commercials, Aldermore Invoice Finance vs Time Finance?
Aldermore Invoice Finance advances up to 90% at 1% to 2.5% service charge. Time Finance advances up to 90% at 1.5% to 3% service charge. Aldermore Invoice Finance needs £250k minimum turnover, Time Finance needs £250k minimum turnover. Setup runs 7 working days for Aldermore Invoice Finance and 7 working days for Time Finance. Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Aldermore Invoice Finance or Time Finance?
Aldermore Invoice Finance offers confidential invoice discounting (your customers are not notified). Time Finance offers confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Aldermore Invoice Finance is the wrong fit for sub-£250k turnover. Time Finance is the wrong fit for sub-£250k turnover. If either describes your business, browse the side-by-side or get matched against the wider UK panel via our quote form.
Can Market Invoice help me choose between Aldermore Invoice Finance and Time Finance?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and we will match you against UK invoice finance providers likely to approve, with no obligation to proceed.
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- Full Time Finance review
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- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
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Get quotes →Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to MarketFinance / Kriya or to any provider named on this page. If you take out a facility after we introduce you to a lender or broker, we may be paid a commission or referral fee by that party; this is never added to your costs. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative and commonly negotiated above ~£1m ledger, so confirm terms directly with the provider before you sign.
Reviewed by Oliver Mackman, Director. Last reviewed: 2026-05-12. Editorial by Best Business Loans Ltd (16833937).
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