Skipton Business Finance vs Time Finance: UK Invoice Finance Comparison 2026
See how Skipton 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.
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. Skipton Business Finance advances up to 90%, setup typically in 5 working days; Time Finance advances up to 90%, setup typically in 7 working days. Skipton Business Finance needs £100k 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: Skipton Business Finance · Time Finance
| Compared on | Skipton Business Finance | Time Finance |
|---|---|---|
| Product type | Invoice finance (CID, factoring, ABL) | Invoice finance, asset finance, vehicle finance |
| Min turnover | £100k | £250k |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | Not published (quoted per facility) | Not published (quoted per facility) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 5 working days | 7 working days |
Sources for these figures: Skipton Business Finance: advance rate · Skipton Select: set-up fee plus a service charge set by turnover band (no figures published) · Skipton: confidential invoice discounting arranged for SMEs with turnover as small as £100k (no formal threshold published) · 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 Skipton Business Finance wins
- Skipton Select: a set-up fee plus a service charge banded by turnover, with no interest charge.
- Wholly owned subsidiary of Skipton Building Society.
- Strong regional UK manufacturing and wholesale presence.
- Funding lines up to £10m.
Best for
SME manufacturing and wholesale, Yorkshire/Northern businesses, Building-society-backed funder preference.
Watch outs
- Smaller team than the largest mainstream providers.
- Less aggressive on recruitment sector than specialists.
- Less digital-led than fintech alternatives.
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
Skipton Business Finance or Time Finance: which is the better fit for UK invoice finance in 2026?
Skipton Business Finance is the stronger fit for SME manufacturing and wholesale; 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 Skipton Business 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 Skipton Business Finance or Time Finance?
Both Skipton Business Finance and Time Finance offer confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Skipton Business Finance is the wrong fit for recruitment specialists. 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 Skipton 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 eCapital, our introduction partner, handles your enquiry and comes back to you with quotes, with no obligation to proceed.
Related
- Full Skipton Business Finance review
- Full Time Finance review
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- Aldermore Invoice Finance vs Close Brothers Invoice Finance
- Allianz Trade vs Close Brothers Invoice Finance
- 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 Skipton Business Finance's own site.
- Rates, advance percentages and product details checked against Time Finance's own site.
- Skipton Business Finance: advance rate
- Skipton Select: set-up fee plus a service charge set by turnover band (no figures published)
- Skipton: confidential invoice discounting arranged for SMEs with turnover as small as £100k (no formal threshold published)
- 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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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.