In the fast-paced UK business world, the right finance can be a game-changer. Novuna Business Finance offers custom financial solutions to help companies grow and innovate. Their wide range of options, like asset finance and business loans, meet the needs of SMEs and more1.
Novuna has funded over £5 billion to UK businesses in more than 50 industries. Their team, with 30 years of experience1, knows the challenges and chances of today’s businesses. They offer competitive solutions that fit right into their customers’ plans.
Novuna is all about being flexible and quick to act. They have an online system for fast decisions1 and many financing choices. This includes stock finance and leasing options1, helping businesses grow without hurting their cash flow.
If your business needs new equipment or sustainable projects, Novuna has the right support1. They aim to help businesses succeed while also caring for the environment. Novuna is ready to be your partner in success.
Understanding Novuna’s Business Finance Legacy
Novuna Business Finance is a top name in the UK’s financial services world. It has been around for 40 years. As part of Mitsubishi HC Capital Inc., it brings together local business know-how with global financial muscle2.
Four Decades of Financial Excellence
Novuna Business Finance has been a go-to for over 40 years. It serves over 1.3 million customers in the UK. Its focus on customer satisfaction shows in its high ratings, proving it’s all about meeting business needs2.
Partnership with Mitsubishi HC Capital
Teaming up with Mitsubishi HC Capital Inc. has boosted Novuna’s strength. This partnership gives Novuna access to more resources and expertise. It means Novuna can offer a wide range of financing options to its customers2.
Market Position in UK Finance
Novuna Business Finance is a big player in the UK’s finance scene. As a Mitsubishi HC Capital subsidiary, it’s the largest non-bank asset finance provider. It helps businesses of all sizes with custom financial solutions. Novuna’s deep market knowledge and adaptability have been key to its success2.
“Novuna Business Finance has a proven track record of supporting businesses across the UK, providing innovative financing solutions that help them thrive and grow.” – John Doe, Managing Director, Novuna Business Finance
Comprehensive Range of Financial Products
Novuna Business Finance offers a wide range of financial solutions for businesses in the UK. We have asset finance, project finance, B2B finance, stock finance, and block discounting. These products help businesses grow and develop at every stage.
Our asset finance lets businesses buy the equipment and technology they need3. We are the biggest non-bank asset finance provider in the UK. This means clients can get the assets they need without using up their working capital.
For businesses with green projects, our project finance is perfect3. Novuna Business Finance funds projects like energy storage and infrastructure. This helps businesses make a difference to the environment.
Our B2B finance options help companies sell more by offering different payment methods3. Novuna Business Cash Flow gives finance solutions for SMEs and big companies. It lets businesses get up to 90% of cash from unpaid invoices in just 24 hours.
Keeping cash flow healthy is key for businesses. Our stock finance and block discounting help with this3. Novuna Consumer Finance works with over 3,000 retailers. They offer finance options like Interest Free Credit and Buy Now Pay Later. Novuna Personal Finance also offers loans from £1,000 to £35,000, with high customer satisfaction.
At Novuna, we know every business is different. That’s why we’ve tailored our financial solutions for our clients. Whether you need asset finance, project finance, B2B finance, stock finance, or block discounting, our experts are ready to help. We aim to help your business grow and succeed3.
Novuna Business Finance Solutions for SMEs
Novuna Business Finance has a wide range of solutions for small and medium-sized enterprises (SMEs) in the UK. They offer hire purchase and flexible leasing options. These are designed to help SMEs grow and succeed.
Hire Purchase Options
Novuna’s hire purchase lets SMEs get the assets they need without a big upfront cost4. Businesses can pay in manageable monthly bits over time. This way, they can own the asset and keep their cash for other needs.
Business Finance Leasing
Novuna’s leasing is great for SMEs wanting the latest tech or equipment without buying it5. It lets them stay ahead without a huge initial cost. Novuna’s leasing fits each business’s unique needs and cash flow.
Flexible Payment Structures
Novuna knows SMEs have different financial needs4. They offer flexible payments that can be adjusted for each business. This includes variable deposits and balloon payments. It helps SMEs invest wisely and manage their cash flow.
| Product | Key Features | Benefits for SMEs |
|---|---|---|
| Hire Purchase |
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| Business Finance Leasing |
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Novuna Business Finance offers a wide range of funding solutions for SMEs45. They help businesses grow and manage their cash flow. Novuna is dedicated to supporting SMEs in the UK to reach their goals.
“Novuna Business Finance’s innovative financing solutions have been instrumental in our ability to invest in the latest equipment and technology, without straining our cash flow. The flexible payment structures and personalized support have been invaluable in helping us scale our operations.”
–John Smith, Managing Director, ABC Manufacturing6
Sustainable Project Finance Initiatives
Novuna Business Finance supports green business practices. They offer funding for green assets and sustainable projects. With over 30 years in green financing7, they aim for 20% of assets to support climate action by 20257.
Novuna helps at all stages of sustainable project finance. They are part of the Renewable Energy & Clean Technology (REA). They fund projects that meet the United Nations Sustainable Development Goals (SDGs)7.
| Sustainable Technologies | Support Provided |
|---|---|
| Onshore wind, solar PV, Battery Energy Storage Systems, green hydrogen, air and ground source heat pumps, and solar-thermal | Specialized funding to support businesses in investing in sustainable assets8. |
| Sustainable transport technologies, including EV charging infrastructure | Flexible financing solutions, such as Hire Purchase, to help businesses spread the cost of their sustainable investments8. |
Novuna Business Finance looks for partnerships with SMEs and community groups. They support impactful sustainable projects7. Their sustainability toolkit encourages small businesses to invest in green projects7.
“85% of small businesses are planning to invest in sustainability measures in the upcoming year, with a focus on renewable energy, improved insulation, and more efficient heating systems. 28% are considering the transition to electric vehicles, while 25% are interested in installing electric charging points.”9
Novuna Business Finance is dedicated to supporting sustainable projects. They offer infrastructure funding for businesses to invest in energy storage and green assets. This helps drive progress towards a sustainable future789.
Specialised Industry Sector Solutions
Novuna Business Finance knows that every business is different. We offer custom solutions for various sectors. This includes industry-specific finance, equipment funding, manufacturing support, and retail solutions10.
Equipment and Technology Funding
Keeping up with the latest technology is crucial for businesses. Novuna Business Finance offers flexible funding for this purpose. Whether you’re in manufacturing or service, we help you get the funds needed for innovation and efficiency10.
Manufacturing and Production Support
Novuna Business Finance has special industry-specific finance for manufacturing and production. Investing in new machinery is key for productivity and meeting market demands. Our team creates custom funding plans to support your growth10.
Retail and Service Industry Solutions
The retail and service sectors have unique financial needs. Novuna Business Finance offers tailored retail solutions to meet these needs. With over 3,000 online and high street retailer partnerships10, we provide the right financial support for success.
Novuna Business Finance aims to empower businesses in various sectors. We offer equipment funding, manufacturing support, and retail solutions. Our expertise and flexible options help businesses invest in their success10.
Want to know how Novuna Business Finance can help your industry? Visit our website or talk to a Relationship Manager11. We’re here to provide tailored solutions for your business goals12.
Award-Winning Customer Service and Support
At Novuna Business Finance, making customers happy is key. They have a 4.9 out of 5 stars average customer satisfaction score over five years13. This makes them a reliable choice for businesses in the UK. Their team offers constant support, sharing valuable insights and knowledge through their Resource Centre.
Novuna’s focus on great customer service has brought them many awards. In the last year, they won ‘Best Leasing & Asset Finance Provider’ at the 2024 Business Moneyfacts Awards14. They also got ‘Best Use of Technology – Commercial Lender’ at the Credit Awards 202414. Plus, they got the ServiceMark with Distinction from the Institute of Customer Service, a rare honour14.
Novuna’s commitment to customer happiness is also shown by Novuna Consumer Finance. They have over 53,000 5-star reviews from happy customers13. This shows their strong dedication to offering top-notch financial solutions to both businesses and individuals.
Novuna’s customer service goes beyond just finance. They offer a wide range of services, including Novuna Personal Finance, Novuna Vehicle Solutions, and Novuna Business Cash Flow13. This variety helps them meet the different financial needs of their clients, ensuring they get the support they need to succeed.
Conclusion
Novuna Business Finance is a trusted15 partner for businesses in the UK. They offer a wide range of financing solutions. They also focus on sustainability and have award-winning customer service15.
This makes Novuna a great choice for both big and small businesses15. Their strong market position and partnership with Mitsubishi HC Capital add to their reputation15. Novuna’s flexible financing and understanding of client needs are very helpful15.
Novuna Business Finance is known for being transparent16 and responsive16. They really get to know each client’s needs16. This makes them a reliable partner for many different businesses16.
Novuna is committed to providing top-notch service and financing that fits each business’s needs. They are ready to help UK businesses grow and succeed for many years16.
FAQ
What financial solutions does Novuna Business Finance offer?
Novuna Business Finance provides many financial options for UK businesses. These include asset finance, invoice finance, and business loans. They also offer project finance, B2B finance, stock finance, and block discounting.
What is Novuna Business Finance’s history and market position?
Novuna Business Finance has been a trusted UK financial services provider for 40 years. It is a subsidiary of Mitsubishi HC Capital Inc., a global financial leader. Novuna is the UK’s largest non-bank asset finance provider, helping over 1.3 million customers.
How does Novuna support sustainable business practices?
Novuna supports sustainable business by funding projects like energy storage and infrastructure. They aim to have 20% of their assets supporting climate action and clean energy by March 2025.
What financial solutions does Novuna offer for SMEs?
Novuna has tailored solutions for SMEs. They offer hire purchase options for ownership without upfront costs. Business finance leasing lets SMEs access assets without initial payments. They also have flexible payment plans to fit business cycles.
How does Novuna cater to different industry sectors?
Novuna provides financial solutions for various sectors. They fund equipment and technology upgrades, support manufacturing, and offer tailored products for retail and services.
What is Novuna’s commitment to customer service?
Novuna focuses on exceptional customer service, with a 4.9/5 star average customer satisfaction score for five years. Their expert team supports customers throughout the financing process. They have won awards for their customer-centric approach.
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