Time Finance, the alternative finance provider to more than 11,000 UK SMEs, has reached another milestone in its ambitious growth strategy, reporting an own book lending reaching a new high of £175m, an 18% increase over the last 12 months.
This continued growth forms part of Time Finance’s five-year medium term strategy, growing its provision of business funding solutions to UK SMEs, including Asset Finance, Invoice Finance, Business Loans, and Asset Based Lending.
As part of this growth, the past year has seen Time Finance expand its Invoice Finance and Asset Finance teams with a host of business development, broker and relationship management appointments.
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.