Time Finance backs energy consultancy’s MBO

Time Finance has backed an energy consultancy with a six-figure invoice finance facility as part of its growth plans, which include a management buyout.

Established in 2010, Indigo Swan provides advice and support to connect clients to the tariff and energy companies.

It currently employs a team of 27 and services almost 600 clients in the property, education, manufacturing and engineering sectors.

The Norwich-headquartered consultancy secured the finance package to support the completion of an MBO by manager director, James Groves, and implement its renewed strategy forward.

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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