Time Finance are delighted to announce that they have supported their client, A & B Contractors, with a £750,000 Invoice Finance and £100,000 XtraTime facility, as they use the funding to help harvest their ambitious growth plans.
Established in 1989, A & B Contractors was set up by Richard Barrow, an entrepreneurial farmer with exciting plans for the future. Having grown his business year-on-year, it now stands as a large and successful agricultural contracting firm with a highly skilled workforce of over 40 employees behind it. Offering a wide range of farming services, from harvesting crops to ploughing and bailing, the firm operates a fleet of 30 tractors to cover all aspects of farming. As they later moved into groundworks, offering tarmacking, concreting and paving services, they invested in a range of heavy plant pieces of machinery.
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.
