Time Finance invoice finance review
Time Finance provides invoice finance, structured as invoice factoring or confidential invoice discounting, to UK businesses that sell to other businesses on credit terms. This guide sets out the published product mechanics, costs, and eligibility signals so business owners can compare a written quote with confidence.
By Funding Fred · Sources checked 19 September 2026
Our enquiry compares selected Funding Fred partners. It is not an application directly to Time Finance. Funding Fred is an introducer, not a lender.
Potential fit
Who could consider Time Finance?
- Businesses that raise invoices to other businesses on credit terms, rather than consumer-facing companies without a B2B sales ledger.
- Companies wanting to release cash tied up in unpaid invoices, potentially up to 90% of eligible outstanding invoice value, subject to individual facility terms.
- Businesses deciding between outsourcing credit control (factoring) or retaining sales-ledger management internally (confidential invoice discounting), where either structure suits current operations.
Worth weighing up
When to consider other options
- If the business does not trade on credit terms with other businesses, invoice finance as described here may not be relevant.
- If a fixed-cost, fixed-term repayment structure is preferred over a facility tied to invoice collection cycles, a different product type may fit better.
- If the priority is complete control of customer-facing collections and confidential discounting isn't confirmed as suitable for the business's size or sales-ledger systems, this needs clarifying directly with the provider.
Understand the offer
Costs and repayments
Time Finance advertises release of up to 90% of eligible outstanding invoice value under its invoice finance facilities. The remaining balance, less applicable fees, is released once the customer pays the invoice. This structure means cash flow timing is linked directly to how quickly customers settle their accounts, not to a fixed monthly instalment schedule.
Facilities are quoted individually, meaning discount rates, service fees, and any additional charges are not published as a standard rate card. Businesses considering an application should expect a bespoke quote reflecting their invoice volumes, customer base, and sector risk profile, rather than a headline percentage applicable to every applicant. For broader context on how these charges are typically built up across the market, the guide on invoice financing costs in the UK explains common fee components without assuming any figure applies to a specific provider.
With factoring, Time Finance's service can include support with collections and credit control, meaning the fee structure may reflect that added administrative role compared with a discounting facility where the business retains its own sales-ledger management. Because advance percentages are described as conditional rather than guaranteed, actual terms depend on underwriting outcomes and should be confirmed in writing before any facility is agreed.
Eligibility and application
Baseline eligibility centres on businesses selling to other businesses on credit terms, since invoice finance depends on having a sales ledger of outstanding, unpaid invoices to fund against. Confirm turnover requirements, trading history and sector eligibility directly for the proposed facility; these are not reproduced in this guide.
Applications are handled directly through Time Finance's own channels, with the group also offering other finance products alongside invoice finance, meaning enquiries may be qualified toward the most suitable facility rather than invoice finance by default. Geographic scope and any regional limitations are not detailed in the material reviewed, so this should be confirmed directly during enquiry.
Advantages to weigh up
- Choice between factoring (with collections support) and confidential invoice discounting (retained sales-ledger control) allows businesses to match the facility to how they want customer relationships managed.
- Funding is tied to outstanding invoice value rather than requiring a lengthy fixed-term repayment plan disconnected from trading activity.
- Facilities are quoted on an individual basis, which can reflect the specific risk and invoice profile of the applying business rather than a blanket rate.
Limitations to understand
- Advance percentages, including the advertised up to 90%, are conditional and not guaranteed for every applicant or invoice.
- Minimum turnover, trading history and sector requirements should be checked for the proposed facility before applying.
- Because Time Finance offers multiple finance products, an enquiry does not automatically confirm qualification for invoice finance specifically.
Look at the wider picture
Comparing the alternatives
Any comparison should rest on a written quote rather than an advertised headline rate, since fees, advance percentages, and service scope vary between facilities and providers. Reviewing the discount rate, service fee, and whether credit control is included or excluded matters more than the product label alone.
Businesses weighing factoring against confidential invoice discounting should also consider operational fit: outsourcing collections versus keeping that function in-house changes both cost and day-to-day customer contact. The comparison guide on invoice discounting vs factoring in the UK sets out the structural differences to weigh before requesting quotes, and the general primer on invoice financing covers how the funding mechanism works across providers. A broader overview of the finance type is also available on the invoice finance page.
Product features checked against each provider’s UK website. These are comparison pointers, not a price ranking or a promise of eligibility.
Your Time Finance questions, answered
Costs, eligibility and the details to check before applying.
How we put this guide together
This is a review of published UK product information, not a customer experience or a hands-on test. We have not assigned a star rating. This guide focuses on Time Finance — Invoice finance. Other products may have different terms.
Sources checked 19 September 2026. Your written offer determines your actual costs and conditions.
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