Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

13.6 C
Cheshire
Thursday, April 3, 2025

Manchester-based AIM-listed finance provider, Time Finance announces new product launch

In response to an increased demand for finance from UK SMEs as they enter the New Year and put investment at the top of their agenda, Manchester-based Time Finance have doubled their Secured Loan offering to businesses from £250,000 to £500,000. The facility can be used to support a wide range of growth plans from investing in new products, vital machinery, or property, to resolving cashflow issues. Whatever the need, funding lines from £50,000 will be available to help realise those business objectives.

 

The launch is driven by Sharon Bryden, Director of Commercial Loans & Asset Based Lending at Time Finance, who joined the firm in 2021 to help bolster funding support to business owners across the UK. It complements the firm’s existing Commercial Loan offering which already enables UK SMEs to take advantage of Unsecured Loans and VAT loans up to £50,000.

 

As Sharon Bryden comments:  “UK businesses have had a challenging time over the last two years and with Government support initiatives at an end and needing to be repaid, the need to access funds to meet both normal operating expenses and to provide the capital to invest for future growth has heightened. Whilst commercial loans have been part of our portfolio since our inception over two decades ago, there is a renewed ambition to enhance this flexible solution for businesses. Based on feedback from our intermediary network, our new secured loan product is easy to set up and fast to access, giving business owners a solution that supports any number of business initiatives. It complements our existing portfolio of funding solutions and means we can help even more firms realise their plans.”  

 

Time Finance specialise in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans, from Asset Finance to Invoice Finance, Loans and Vehicle Finance. As the market continues to improve, Time Finance are confident that the business is well positioned to take advantage of the increasing number of opportunities that are arising as the new year gets underway.  

 

With a diverse portfolio of funding solutions, the business can already offer a multiproduct solution to businesses seeking a higher level of funding across multiple assets, but they have plans to continue strengthening their offering and truly deliver a market leading Asset Based lending proposition to support their future ambitions.

 

As Sharon concludes: “At Time Finance, we recognise the important role businesses are playing in rebuilding our economies. We are committed to delivering robust funding solutions to these businesses to inspire growth. We have ambitious plans to drive change in the market and step up support for SMEs. Our ability to provide funding for every business need is key to being able to provide the right funding solution to our clients”.

spot_imgspot_img

Latest

ECB Intraday Liquidity Framework Offers Direction—But Practical Compliance Still a Major Challenge

The European Central Bank’s (ECB) newly established intraday liquidity...

£10,000 reward to identify mother of baby found in Kirkham brook

Crimestoppers is offering a reward of up to £10,000...

Cheshire charity wins prestigious national award

The Deaf and Sensory Network (DSN) has been hailed...

Batman star Val Kilmer dies, aged 65

Hollywood star Val Kilmer, best known for his roles...
spot_imgspot_img

Newsletter

Don't miss

Arighi Bianchi’s Spring Sale: Exclusive seasonal savings across the store and online

Explore fresh finds for Spring 2025 with discounts on...

Cheshire charity wins prestigious national award

The Deaf and Sensory Network (DSN) has been hailed...

A New Era in Conveyancing: Kaur Sutherland Pioneers Balanced Practice

In today’s high-pressure legal environment, conveyancing firms are being...

XIMEA Unveils Ultra-High Resolution 245.7MP Camera Powered by Sony’s IMX811 Sensor

XIMEA has once again pushed the boundaries of imaging...

More News

£10,000 reward to identify mother of baby found in Kirkham brook

Crimestoppers is offering a reward of up to £10,000 to aid the investigation into the tragic discovery of a newborn baby. The boy was found...

A New Era in Conveyancing: Kaur Sutherland Pioneers Balanced Practice

In today’s high-pressure legal environment, conveyancing firms are being forced to rethink how they manage rising client demands, maintain business health, and protect staff...

Your Help Hub Charts Ambitious 2025 Vision as UK Trades Seek Stability

Off the back of a breakthrough year and recent award recognition, UK contractor platform Your Help Hub is setting its sights high for 2025....