Novuna Business Finance vs Time Finance: UK Invoice Finance Comparison 2026

See how Novuna Business 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.

Get my 3 quotes See the comparison

Start here: what fits your business?

Recruitment agencyConstructionWholesaleUnder £500k turnoverConfidential (clients mustn't know)Not sure

Both are UK invoice finance providers outside the high street banks. Novuna Business Finance advances up to 90%, setup time 1 to 3 working days to funds; Time Finance advances up to 90%, setup time not published. Neither publishes a minimum turnover.

Side-by-side

Full reviews: Novuna Business Finance · Time Finance

Figures are what each provider publishes on its own website; "Not published" means it gives no figure. Prices are usually set per facility, so check terms before signing.
Compared on Novuna Business Finance Time Finance
Product type Invoice finance, asset finance, vehicle financeInvoice finance, asset finance, vehicle finance
Min turnover Not publishedNot published
Advance rate Up to 90%Up to 90%
Typical fee Not published (quoted per facility)Not published (quoted per facility)
Confidential available? YesYes
Factoring available? YesYes
Setup speed 1 to 3 working days to fundsNot published

Sources for these figures: Novuna Business Finance: advance rate · Novuna Business Finance: setup time · Novuna Business Cash Flow · Novuna invoice finance · Companies House 01630491, Mitsubishi HC Capital UK PLC · Mitsubishi HC Capital UK, Novuna rebrand announcement · 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 Novuna Business Finance wins

  • Backed by the Mitsubishi HC Capital UK balance sheet.
  • Multi-product cross-sell (IF + asset + vehicle).
  • Long-established UK presence as the former Hitachi Capital UK (rebranded Novuna, February 2022).
  • 6-month trial period before committing to the rolling contract.

Best for

Mid-market Ltd companies, Cross-product (IF + asset) facility seekers, Stable mid-market funders.

Watch outs

  • Three brand names in play (Novuna, Novuna Business Finance, Novuna Business Cash Flow).

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

Novuna Business Finance or Time Finance: which is the better fit for UK invoice finance in 2026?

On what they publish, their headline terms are the same, so a quote from each on the same invoices is the only fair way to choose. Only Novuna Business Finance publishes a setup time (1 to 3 working days to funds).

How do Novuna Business 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 Novuna Business Finance or Time Finance?

Both Novuna Business Finance and Time Finance offer confidential invoice discounting (your customers are not notified).

Can Market Invoice help me choose between Novuna Business 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

Sources

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: .

Compare Novuna Business Finance and Time Finance quotes

Free, no obligation. Tell us about your business and our introduction partner, a UK invoice finance provider, handles your enquiry and comes back to you with quotes.

Step 1 of 3 · Your business

Start typing and we'll search Companies House.

Free to you: our introduction partner pays us a fixed fee for each introduction, whether or not you go ahead. See our privacy policy.

Free · No obligation · Nothing to pay us

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.