Time Finance vs Ultimate Finance: UK Invoice Finance Comparison 2026
See how Time Finance compares to Ultimate 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. Time Finance advances up to 90%, setup time not published; Ultimate Finance advances up to 95%, setup time within one week. Neither publishes a minimum turnover.
Side-by-side
Full reviews: Time Finance · Ultimate Finance
| Compared on | Time Finance | Ultimate Finance |
|---|---|---|
| Product type | Invoice finance, asset finance, vehicle finance | Invoice finance (factoring, CID), bridging, asset finance |
| Min turnover | Not published | Not published |
| Advance rate | Up to 90% | Up to 95% |
| Typical fee | Not published (quoted per facility) | Quoted per facility (not published) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | Not published | Within one week |
Sources for these figures: 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) · Ultimate Finance: advance rate and setup (facility set up within one week) · Ultimate Finance: founding date · Ultimate Finance, invoice finance (advance up to 95%, funding to £10m)
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.
When Ultimate Finance wins
- Facility set up within one week; funds within 24 hours of invoices once live.
- Funding lines up to £10m.
- Multi-product (IF + bridging + asset) under one decision team.
- Flexible on industry, including some construction and recruitment.
Best for
SME urgent setup, Multi-product facility seekers, Hybrid IF + bridging needs.
FAQ
Time Finance or Ultimate Finance: which is the better fit for UK invoice finance in 2026?
On what they publish, they differ on the most they advance (Time Finance: up to 90%; Ultimate Finance: up to 95%). Start with the one whose published terms fit your business, then compare a quote from each. Only Ultimate Finance publishes a setup time (within one week).
How do Time Finance and Ultimate 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 Time Finance or Ultimate Finance?
Both Time Finance and Ultimate Finance offer confidential invoice discounting (your customers are not notified).
Can Market Invoice help me choose between Time Finance and Ultimate 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.
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- Full Time Finance review
- Full Ultimate Finance review
- Close Brothers Invoice Finance vs Ultimate Finance
- Aldermore Invoice Finance vs Close Brothers Invoice Finance
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- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
Sources
- Figures for Time Finance come from its own website.
- Figures for Ultimate Finance come from its own website.
- 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)
- Ultimate Finance: advance rate and setup (facility set up within one week)
- Ultimate Finance: founding date
- Ultimate Finance, invoice finance (advance up to 95%, funding to £10m)
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.