Time Finance has been steadily reshaping its lending portfolio, prioritizing invoice finance and asset finance to achieve sustained growth. This strategic pivot is delivering results, as evidenced by significant shifts in deal volumes and the composition of its lending book.
Since June 2021, the company has concentrated on expanding its lending capabilities in these two high-impact areas. By the first half of its 2024/25 corporate year, invoice finance and the “hard” subset of asset finance comprised 85 percent of new deal volume and represented 77 percent of the total lending book by November’s close. This marks a remarkable transformation from 2021 when these areas accounted for just 51 percent of new deal volume and 52 percent of the total lending book.
Time Finance CEO Ed Rimmer has signaled further plans to drive shareholder value and refine the firm’s strategic objectives. Rimmer will outline the company’s growth strategy through 2028 in an upcoming update scheduled for the first quarter of next year.
Time Finance specializes in providing tailored finance solutions to support business growth, focusing on flexibility and customer-centric services.
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.
