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 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. IGF (Independent Growth Finance) advances up to 90% receivables + stock + plant, setup typically in 10 working days; Time Finance advances up to 90%, setup typically in 7 working days. IGF (Independent Growth Finance) needs £5m 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
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 | £250k |
| Advance rate | Up to 90% receivables + stock + plant | Up to 90% |
| Typical fee | Bespoke pricing | Not published (quoted per facility) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 10 working days | 7 working days |
Sources for these figures: IGF: advance up to 90% of receivables, 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) · 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.
- Flexible covenant negotiation.
- Established mid-market ABL reputation.
Best for
Businesses over £5m turnover needing £2m or more, Complex ABL needs (receivables + stock), Turnaround and restructure cases.
Watch outs
- Pricing bespoke, not transparent in marketing.
- Setup 10 days, slower than monoline IF.
- Facilities start around £2m, so smaller SMEs are out of scope.
When Time Finance wins
- AIM-listed independent, financial transparency.
- Multi-product cross-sell capability.
- SME-friendly underwriting culture.
- Gross lending book above £250m (2026, company RNS), a record for the group.
Best for
SME service businesses, Multi-product facility seekers, £250k-£5m turnover.
Watch outs
- No published pricing: the balance is paid "minus our agreed fees", agreed per facility.
- Less brand presence than the largest mainstream providers.
- Smaller team than mid-market banks.
FAQ
IGF (Independent Growth Finance) or Time Finance: which is the better fit for UK invoice finance in 2026?
IGF (Independent Growth Finance) is the stronger fit for businesses over £5m turnover needing £2m or more; Time Finance fits SME service businesses better. The "when X wins" sections above break this down by profile, and the commercials are covered in the next question.
How do IGF (Independent Growth Finance) and Time Finance price their facilities?
Neither publishes its pricing; both quote per facility. The table above sets advance rate, setup speed and minimum turnover side by side.
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).
Where does each one struggle?
IGF (Independent Growth Finance) is the wrong fit for businesses under £5m turnover. Time Finance is the wrong fit for sub-£250k turnover. If either describes your business, browse the side-by-side or 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 eCapital, our introduction partner, 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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- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
Sources
- Rates, advance percentages and product details checked against IGF (Independent Growth Finance)'s own site.
- Rates, advance percentages and product details checked against Time Finance's own site.
- IGF: advance up to 90% of receivables, 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)
- 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. eCapital, our introduction partner, 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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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.