Bath-headquartered Time Finance, along with Evolve Business Finance, have facilitated a six-figure funding boost for a family-run haulage business.
The unnamed North East firm had plans to increase its fleet of vehicles by 40 per cent to service new contracts with an existing customer.
Time Finance and Evolve Business Finance stepped in to package a £250,000 invoice finance facility.
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.