Time Finance has reinforced its growth ambitions across the UK with the appointment of Geoff Worrall as its head of structured credit in the independent lender’s asset finance division.
Worrall’s appointment forms part of Time Finance’s ongoing strategy to grow its lending book to £300m, which has seen the lender strengthen its presence across key UK regions with a succession of appointments.
He has worked in the financial services industry for almost 40 years working for such institutions as RBS, Barclays, KPMG, Santander and Co-op, in a variety of credit, analytical and relationship management roles.
He joins Time Finance after spending five years at Haydock, four years of which was as head of their structured credit team.
Worrall said: “The ambition Time Finance has to further build its presence in the Asset Finance industry, particularly within Structured Credit, is truly exciting.
“I’m thrilled to be heading up this important development for the business and I’m looking forward to further establishing our position in the structured finance space.”
Steve Nichols, managing director of asset finance at Time Finance, added: “Geoff is a fantastic addition to our growing team; his appointment is a key part of our growth strategy and reflects our ambition to strengthen our presence in the market, particularly in structured credit. His experience and insight will be invaluable as we continue to build our expertise and expand our capacity.
“Bringing in talent like Geoff reinforces our commitment to supporting businesses especially at a time when many are working hard to balance growth ambitions with cashflow pressures. I’m delighted to welcome Geoff on board as we build on our momentum and further enhance the support we provide to SMEs across the UK.”
