Aim-listed Time Finance announces all-time high lending levels

Alternative finance provider Time Finance has announced it has seen its lending reach record highs of £175m.

The Aim-listed firm published an update on the performance on its lending book portfolio on Tuesday (September 12). Bosses revealed that they have plans of more than doubling the group’s lending portfolio by May 31 2025.

As of August 31 2023, the unaudited value of the Time Finance’s lending portfolio reached £175.8m, ahead of the level expected by management at this stage of the four-year medium-term plan.

Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.

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