Novuna Business Finance vs Touch Financial: UK Invoice Finance Comparison 2026
See how Novuna Business Finance compares to Touch Financial 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. Touch Financial is a broker rather than a lender, so its figures reflect the funders it places you with. Novuna Business Finance advances up to 90%, setup typically in 1 to 3 working days to funds; Touch Financial advances up to 100% (funder dependent), setup typically in 1 to 2 working days (funds released). Novuna Business Finance does not publish a minimum turnover figure, Touch Financial has no single minimum; each panel funder sets its own. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
Full reviews: Novuna Business Finance · Touch Financial
| Compared on | Novuna Business Finance | Touch Financial |
|---|---|---|
| Product type | Invoice finance, asset finance, vehicle finance | Invoice finance broker (lender panel) |
| Min turnover | Not published | No single minimum; each panel funder sets its own |
| Advance rate | Up to 90% | Up to 100% (funder dependent) |
| Typical fee | Not published (quoted per facility) | Funder rates; no broker fee to client |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 1 to 3 working days to funds | 1 to 2 working days (funds released) |
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 · Touch Financial: advance rate, funds within 24-48 hours, "a broker not a lender"
When Novuna Business Finance wins
- Backed by the Mitsubishi HC Capital UK balance sheet.
- Multi-product cross-sell (IF + asset + vehicle).
- Mid-market panel relationships strong.
- Long-established UK presence as the former Hitachi Capital UK (rebranded Novuna, February 2022).
Best for
Mid-market Ltd companies, Cross-product (IF + asset) facility seekers, Stable mid-market funders.
Watch outs
- No published service charge, minimum turnover or rate card, so it cannot be benchmarked without a quote.
- Slower decisioning than fintech.
- Three brand names in play (Novuna, Novuna Business Finance, Novuna Business Cash Flow).
When Touch Financial wins
- Brokering across a panel of UK invoice finance lenders.
- No fee charged to the client; commission paid by the funder.
- Single application routed to multiple providers for comparison.
- Handles factoring, confidential discounting and selective facilities.
Best for
SMEs wanting one application sent to several funders, Businesses unsure which lender fits, Comparison-led buyers.
Watch outs
- A broker, not a lender, so it does not set rates or underwrite directly.
- Final terms and speed depend entirely on the chosen funder.
- Panel may not include every UK provider.
FAQ
Novuna Business Finance or Touch Financial: which is the better fit for UK invoice finance in 2026?
Novuna Business Finance is the stronger fit for mid-market Ltd companies; Touch Financial fits SMEs wanting one application sent to several funders better. The "when X wins" sections above break this down by profile, and the commercials are covered in the next question.
How do Novuna Business Finance and Touch Financial price their facilities?
Pricing: Novuna Business Finance, not published, quoted per facility; Touch Financial, funder rates; no broker fee to client. The table above sets advance rate, setup speed and minimum turnover side by side.
Can I get a confidential facility with either Novuna Business Finance or Touch Financial?
Both Novuna Business Finance and Touch Financial offer confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Novuna Business Finance is the wrong fit for lowest-cost seekers. Touch Financial is the wrong fit for businesses wanting a direct lender relationship. 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 Novuna Business Finance and Touch Financial?
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 Novuna Business Finance review
- Full Touch Financial review
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- 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
- Rates, advance percentages and product details checked against Novuna Business Finance's own site.
- Rates, advance percentages and product details checked against Touch Financial's own site.
- 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
- Touch Financial: advance rate, funds within 24-48 hours, "a broker not a lender"
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.
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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.