Who is Novuna Finance?
Novuna Finance is a leading financial services provider in the United Kingdom, offering a diverse range of personal loans, retail finance, business finance, and vehicle leasing solutions. Formerly known as Hitachi Capital Consumer Finance, the company is a subsidiary of Mitsubishi HC Capital UK PLC, one of the world’s largest financial groups.
With a strong foundation in the UK financial market, Novuna Finance has built a reputation for offering flexible, customer-focused financial solutions to both individuals and businesses.
Novuna Finance operates from its headquarters in Manchester, with additional offices in Leeds and London, ensuring a strong national presence. By leveraging digital innovation and a customer-first approach, Novuna Finance simplifies the borrowing process, making finance more accessible, efficient, and tailored to individual needs.
As a trusted financial institution, Novuna Finance has received numerous industry awards, including being voted the UK’s Best Personal Loan Provider for ten consecutive years. The company’s commitment to responsible lending, competitive interest rates, and seamless online services makes it a preferred choice for personal and business financing.
What is the Capital and Turnover of Novuna Finance?
Although Novuna Finance does not publicly disclose its capital and turnover figures, its financial strength is reflected in its strict retail partnership requirements. To qualify as a retail partner, businesses must meet the following financial criteria:
- A minimum annual sales turnover of £2,000,000
- At least two years of trading history
- Businesses must be trading profitably
- A minimum net worth of £25,000, or £100,000 for businesses in the home improvement sector
These criteria indicate that Novuna Finance operates with financial stability and a strategic approach to business partnerships, ensuring that it collaborates with well-established and financially secure businesses.
What Services and Features Does Novuna Finance Offer?
Novuna Finance provides a comprehensive suite of financial solutions, catering to individual consumers, retailers, and businesses. Its offerings include personal loans, retail finance, business financing, and vehicle leasing solutions.
Novuna Personal Loans: Flexible Borrowing Solutions
Novuna Personal Loans provide consumers with affordable, fixed-rate financing, offering borrowing amounts up to £35,000. These loans are designed to support a variety of financial needs, including home improvements, car purchases, weddings, and debt consolidation.
Types of Personal Loans Available
- Car Loans: Financing for new or used vehicles
- Home Improvement Loans: Funding for home renovations and extensions
- Holiday Loans: Loans for travel and vacations
- Wedding Loans: Financial support for wedding expenses
- Small Loans: Borrowing between £5,000 and £7,499 with competitive interest rates
- Bike Loans and Caravan Loans: Financing for motorcycles, caravans, and outdoor vehicles
- Debt Consolidation Loans: Combining multiple debts into a single, manageable repayment
Why Choose Novuna Personal Loans?
- Loan amounts from £1,000 to £35,000, with flexible repayment terms ranging from two to seven years
- Competitive rates starting from 6.2% APR Representative
- Fast online application process, with funds typically transferred within two working days
- No hidden fees or unexpected charges
- Named the UK’s Best Personal Loan Provider for ten consecutive years
Novuna Finance also provides an online loan calculator, enabling customers to estimate repayment amounts based on their borrowing needs.
Novuna Retail Finance: Helping Businesses Offer Flexible Payment Plans
Novuna Retail Finance supports businesses and retailers by providing customer financing solutions at the point of sale. Retail finance enables businesses to increase their sales and improve customer affordability by offering flexible, interest-free or low-interest financing options.
Benefits of Novuna Retail Finance for Businesses
- Customised finance solutions tailored to different industries
- Seamless integration with business payment systems
- Increased sales conversions through affordability-based financing
- Dedicated support to help businesses offer financing to customers
Novuna Finance works across multiple industries, including home improvement, technology, and lifestyle products, ensuring that businesses can attract and retain more customers by offering affordable financing options.
Novuna Business Finance: Tailored Funding for Companies
Novuna Business Finance provides financial solutions that help businesses grow, manage cash flow, and invest in equipment. The company offers various financing options, including:
- Asset Finance: Allows businesses to acquire essential equipment, vehicles, and machinery without upfront costs
- Invoice Finance: Helps businesses unlock cash flow by advancing funds against unpaid invoices
- Business Loans: Provides capital for business expansion, operational needs, and investment opportunities
These solutions enable businesses to access working capital quickly, invest in their growth, and manage their cash flow efficiently.
Novuna Vehicle Solutions: Leading the UK in Vehicle Leasing
Novuna Vehicle Solutions is one of the UK’s most respected vehicle leasing providers, offering tailored solutions for individuals, small businesses, and large corporate fleets.
Key Vehicle Leasing Services
- Business fleet leasing: Flexible leasing options for small, large, and complex fleets
- Electric vehicle leasing & alternative fuels: Supporting businesses in transitioning to greener fleets
- Customised commercial vehicle solutions: Leasing for vans, trailers, plant equipment, and specialist commercial vehicles
Novuna Vehicle Solutions has been recognised as the UK’s Best Leasing Provider, winning Leasing Company of the Year for four consecutive years. It is also the only FN10 leasing company fully accredited by the Institute of Customer Service.
Where is Novuna Finance Located?
Novuna Finance operates from multiple locations across the UK:
- Headquarters: One St Peter’s Square, Manchester, United Kingdom, M2 3DE
- Retail Finance & Consumer Finance Office: 2 Apex View, Leeds, LS11 9BH
- Company Administration & Correspondence Address: Milton Gate, 60 Chiswell Street, London, EC1Y 4AG
How to Contact Novuna Finance?
Novuna Finance offers dedicated helplines for both business and consumer enquiries:
- Retail Helpline (For Business Enquiries): 0344 375 5515 (Option 4)
- Customer Helpline (For Personal Loan and Retail Finance Customers): 0344 375 5500
- Website: www.novuna.co.uk
What is Novuna Finance’s Legal and Business Status?
Novuna Finance is a private limited company, incorporated on January 22, 2021, and remains active under the following details:
- Company Registration Number: 02598128
- Nature of Business (SIC): 99999 – Dormant Company (registered status)
- Next Accounts Due: October 31, 2025
- Confirmation Statement Due: February 4, 2026
Why Choose Novuna Finance?
Novuna Finance is a trusted, award-winning financial provider, offering a combination of low rates, flexible finance solutions, and outstanding customer service.
- Voted UK’s Best Personal Loan Provider for 10 Years
- Competitive rates from just 6.2% APR Representative
- Fast and easy online applications
- Comprehensive business and vehicle leasing solutions
- Strong industry reputation and financial backing from Mitsubishi HC Capital
Whether you’re looking for a personal loan, business finance, or vehicle leasing, Novuna Finance has the perfect solution for you.
