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The SME finance charter

We're committed to supporting the UK SME market and are proud signatories of the SME Finance Charter, a Government backed initiative.

The SME Finance Charter is a voluntary commitment by financial providers to small and medium-sized businesses in the UK.

The Charter's five commitments reflect the areas that government, finance providers and businesses have identified as being significant in ensuring the SME finance market works effectively.

  • We’re open for business and ready to lend

  • We’ll help you prepare for Brexit and beyond

  • We’ll support your application and signpost other options if needed

  • We’ll treat you fairly at all times

  • We’ll work with the government-owned British Business Bank to support SMEs

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See how we are supporting SMEs through Brexit

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We are open for business and ready to lend

At Novuna we say yes to over 80% of all our invoice and asset finance funding applications – from new start micro businesses to more established corporate businesses.

We fund £1 billion of SME finance turnover and over £1 billion of assets every year with our market leading, award winning, innovative invoice and asset finance solutions.  You can be sure you’re in safe hands.

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We’ll support your application and signpost other options if needed

We are the first in the UK to offer a fully digital funding application and digital agreements – this ensures not only the most data secure process but also one of the fastest and simplest applications in the market. This means we can move quickly if you need to, often getting funding in place within a couple of days.

If we cannot help fund a customer directly ourselves, we have a large panel of Brokers who have the ability to place the application with the right funder.

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We’ll help you prepare for Brexit and beyond

Novuna has been helping UK businesses for over 30 years, offering both invoice and asset finance.  We’ve seen many changes in economic circumstances and have always supported and helped businesses find their way through the changing landscape – we’re committed to doing the same through whatever Brexit challenges appear.

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We’ll treat you fairly at all times

At Novuna our long term vision is to be the 'trusted brand of financial services in the UK and Europe' with a mission of 'exceptional people, providing outstanding customer experiences today'.

Our strong ethics means that treating customers fairly is at the forefront of everything we do, enabling us to help the UK’s entrepreneurial companies prosper.

Our Business Finance division has proven recognition as a service leader and scored 86.9 in the Business Benchmarking survey conducted by the Institute of Customer Service. We have won awards for SME Champion of the Year and Best Service from an Asset Based Finance Provider. We are a member of the Finance & Leasing Association and abide by the Business Finance Code.

Our Business Cash Flow division is the only provider that offers all new clients a six month trial period followed by a rolling three or six month agreement – so always checking the funding is right for your business needs and ensuring clients are happy with our service. We are also a member of UK Finance and adhere to the Standards Framework for Invoice Finance and Asset Based Lending.

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We’ll work with the government owned British Business Bank to support SMEs

Novuna Business Finance was the first to partner with the British Business Bank to support SMEs by running the Enable scheme and Enterprise Finance Guarantee schemes on Hire Purchase & Lease products, and Sale & Hire Purchase/Lease back transactions. We were able to lend in excess of £14 million of additional funding and this partnership further diversifies our exceptional services to even more UK SME's that want to invest in, and grow their businesses.