Time Finance has appointed Terry Wolfendale (pictured) as head of sales (South) within its invoice finance division.
Bringing with him a wealth of sales experience in the invoice finance market, Wolfendale will head up the southern sales team and will be responsible for developing and growing the business’ invoice finance position and brand across London and the South East.
His appointment forms part of Time Finance Plc’s growth strategy.
With a focus on growing its lending book to more than £300m by 2028, Time Finance is expanding both its team and technological capabilities across its product portfolio.
Wolfendale joins Time Finance having held a number of senior leadership roles over a 25-year period, including Lloyds Commercial Finance, Bibby Invoice Finance, RBS and Shawbrook.
More recently he has been operating his own brokerage.
Phil Chesham, managing director of invoice finance at Time Finance, said: “I’m thrilled someone of Terry’s calibre will be leading our southern sales team for invoice finance.
“He brings with him a wealth of experience from both the funder and introducer side of the table, which is an invaluable perspective to have when helping to structure often challenging finance solutions for SMEs.”
Wolfendale added: “I’m excited to be joining Time Finance at such an important juncture in their growth journey.
“Time has a fantastic reputation in the market – with customers and brokers alike – and I’m looking forward to being a part of their continued success.
“I’m particularly excited by the opportunity to work for such a creative and flexible lender; and to help more SMEs access the finance solutions they need.”
