IGF (Independent Growth Finance) vs Time Finance: UK Invoice Finance Comparison 2026
See how IGF (Independent Growth Finance) compares to Time Finance side by side, then get three tailored quotes to weigh alongside them. Free, no obligation, and nothing to pay if you decide not to proceed.
Start here: what fits your business?
Both are UK invoice finance providers outside the high street banks. IGF (Independent Growth Finance) advances up to 90% (receivables); stock up to 85%, plant up to 75%, setup time not published; Time Finance advances up to 90%, setup time not published. IGF (Independent Growth Finance) needs £5m minimum turnover, Time Finance does not publish a minimum turnover figure.
Side-by-side
Full reviews: IGF (Independent Growth Finance) · Time Finance
| Compared on | IGF (Independent Growth Finance) | Time Finance |
|---|---|---|
| Product type | Invoice finance (ABL, CID), asset-based lending | Invoice finance, asset finance, vehicle finance |
| Min turnover | £5m | Not published |
| Advance rate | Up to 90% (receivables); stock up to 85%, plant up to 75% | Up to 90% |
| Typical fee | Bespoke pricing | Not published (quoted per facility) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | Not published | Not published |
Sources for these figures: IGF: up to 90% of trade debtor value, up to 85% of eligible stock, up to 75% of plant and machinery value, facilities £2m to £25m, over £600m under management (March 2025) · IGF: UK businesses with over £5m annual turnover · Time Finance: advance rate (up to 90%, "minus our agreed fees"; no fee percentage published), funds within 24 hours · Time Finance: confidential invoice discounting (businesses with turnover over £500k "are usually better suited"; no minimum published) · Time Finance plc RNS: Lending Book Milestone (gross lending book passed £250m, June 2026)
When IGF (Independent Growth Finance) wins
- ABL specialist: receivables + stock + plant under one facility.
- Facilities of £2m to £25m, where monoline IF lenders cap out.
Best for
Businesses over £5m turnover needing £2m or more, Complex ABL needs (receivables + stock), Turnarounds and refinancing (igfgroup.com about page).
Watch outs
- Facilities start around £2m, so smaller SMEs are out of scope.
When Time Finance wins
- Pays up to 90% of the invoice value, with funds within 24 hours of the invoice being raised.
- Offers invoice finance, asset finance and loans, and can combine them in one multi-product facility.
- Gross lending book passed £250m in June 2026, its highest yet (company RNS).
Best for
Multi-product facility seekers, Confidential discounting for businesses over £500k turnover.
FAQ
IGF (Independent Growth Finance) or Time Finance: which is the better fit for UK invoice finance in 2026?
On what they publish, they differ on minimum turnover (IGF (Independent Growth Finance): £5m minimum turnover; Time Finance: minimum turnover not published), and the most they advance (IGF (Independent Growth Finance): up to 90% (receivables); stock up to 85%, plant up to 75%; Time Finance: up to 90%). Start with the one whose published terms fit your business, then compare a quote from each.
How do IGF (Independent Growth Finance) and Time Finance price their facilities?
Neither publishes its pricing; both quote per facility. Get a written quote from each on the same invoices and compare the total cost.
Can I get a confidential facility with either IGF (Independent Growth Finance) or Time Finance?
Both IGF (Independent Growth Finance) and Time Finance offer confidential invoice discounting (your customers are not notified).
Who is each one not suited to?
IGF (Independent Growth Finance) is a poor fit for businesses under £5m turnover. If that describes your business, you can get 3 free quotes through our quote form.
Can Market Invoice help me choose between IGF (Independent Growth 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 our introduction partner, a UK invoice finance provider, handles your enquiry and comes back to you with quotes, with no obligation to proceed.
Related
- Full IGF (Independent Growth Finance) review
- Full Time Finance review
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- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
Sources
- Figures for IGF (Independent Growth Finance) come from its own website.
- Figures for Time Finance come from its own website.
- IGF: up to 90% of trade debtor value, up to 85% of eligible stock, up to 75% of plant and machinery value, facilities £2m to £25m, over £600m under management (March 2025)
- IGF: UK businesses with over £5m annual turnover
- Time Finance: advance rate (up to 90%, "minus our agreed fees"; no fee percentage published), funds within 24 hours
- Time Finance: confidential invoice discounting (businesses with turnover over £500k "are usually better suited"; no minimum published)
- Time Finance plc RNS: Lending Book Milestone (gross lending book passed £250m, June 2026)
Get 3 free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. Our introduction partner, a UK invoice finance provider, handles your enquiry and comes back to you with quotes. Free, and no obligation to proceed.
Get my 3 quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
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How we make money: Market Invoice is an independent comparison service, not a lender. Our introduction partner pays us a fixed fee for each business we introduce, whether or not you go ahead; you never pay us and it is never added to your costs. How we are funded.
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 Kriya, Allica Bank or to any provider named on this page. Our introduction partner pays us a fixed fee for each business we introduce, whether or not a facility follows; 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; larger facilities are commonly priced bespoke, so confirm terms directly with the provider before you sign.