Alternative finance provider Time Finance has announced its plans to invest in technology and provide a market-leading service for asset finance brokers, following a roundtable discussion with representatives from leading brokerages. The discussion explored market challenges, opportunities, and future priorities in the lending industry.
The roundtable featured participants from Moorgate Finance, Anglo Scottish, Halo Finance, Love Finance, Victor Finance, Charles & Dean, and PMD Business Finance. The conversation centered on the significance of technology in lending and how brokers can leverage it to improve operations and provide better service to businesses seeking financial solutions. The need for more personalized and responsive service from finance providers was also emphasized.
Time Finance’s strategy for 2023 involves investing in technology to offer a superior service to brokers. The company is developing a new digital platform to streamline the application and approval process for asset finance, making it faster and more efficient for brokers and their clients.
In addition to technological investments, Time Finance plans to introduce new service offerings, such as dedicated asset managers and training support for brokers. These initiatives aim to ensure brokers receive the support they need to provide the best possible service to their clients while streamlining operations and enhancing efficiency.
Steve Nichols, director of asset finance at Time Finance, said: “We are committed to listening to our brokers and providing them with the tools and support they need to succeed in today’s competitive market.
“The insights we gained from the roundtable discussion have been invaluable in shaping our strategy for the future.”
Nichols added that the company is excited to bring in new technology and service offerings to make it easier for brokers to do business and deliver market-leading services to clients.
