The alternative finance provider, Time Finance, has reach a £145m lending milestone, an all time high for the firm.
The news follows the release of its annual performance results last month, as Time Finance continues to experience growth in its lending book.
The finance firm has seen fifteen consecutive months of growth as it supports over 10,000 SMEs with its broad portfolio of financial solutions; from Asset Finance to Invoice Finance, Business Loans, Vehicle Finance and Asset Based Lending.
Ed Rimmer (pictured), chief executive officer, said: “Our renewed strategy has dedicated a real drive toward boosting our lending to UK businesses, and to see the traction being gained here in consecutive months is very pleasing to see.
“These results mark the start of an exciting period of growth for Time Finance and only further demonstrates the strength of our lending model and business strategy.
“Our hugely dedicated and expert-led teams play a key role in helping us to achieve these milestone figures.
“Not only do they offer our clients a flexible and common-sense approach to lending, but their responsiveness and dedication to tailoring a solution that really supports our client’s specific needs is what sets Time Finance apart.
“The investments we have made to both our teams and operations over the last year have enabled us to take our business from strength to strength; whether that’s through key appointments or launching new products and solutions.
“The next 12 months will see Time Finance continue to look for innovative ways to inspire confidence and growth in the SME market and increase our support to UK businesses.”
