Time Finance, the AIM-listed alternative finance specialist to UK SMEs, is pleased to announce its half year financial results as it supports over 10,000 UK businesses with over £150 million of funding.
Demonstrating a robust and resilient performance for the first half of its financial year, Time Finance has reported a 67% rise in profit before tax (PBT) to £2 million and a 12% rise in revenue to £13.2 million.
UK businesses and financial intermediaries benefit from a broad portfolio of financial solutions offered by Time Finance, including Asset Finance, Invoice Finance, Business Loans and Asset Based Lending.
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.