Time Finance reports Strong Revenue Growth and Record Lending figures

Time Finance plc, the Bath-based AIM listed independent finance provider, revealed revenues up 19 per cent to £15.7 million during the six months ended November 30.

The Interims reflect continued strong demand from businesses across the UK for the range of alternative finance products offered by the Group, it said.

Financial Highlights included own-bok lending origination up 29 per cent to £47.3m during H1 2023/24 and gross lending-book up 24 per cent to a record £188.6m as at 30 November 2023.

Continued positive trading momentum continued throughout December 2023 giving significant confidence that full year trading will be at least in line with Board expectations

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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