Time Finance offers a lending model that allows firms to combine several finance types into one facility, using their assets to unlock working capital. Instead of relying solely on one product such as invoice finance or equipment leasing, companies can access a credit line structured around multiple assets they already hold. This includes everything from unpaid invoices to equipment and vehicles.
For the business, this means funding is tailored to fit the current asset base and can scale as the company grows. If a firm increases its receivables or invests in new equipment, the facility can expand accordingly without requiring a full refinancing process. This is particularly useful for companies with seasonal sales patterns or those going through acquisitions, management buyouts or restructuring.
Asset-backed lending depends on the underlying value of the business’s assets, which means regular audits and potential restrictions. If asset values fall or the market softens, available credit may shrink. Also, some of the facility may be tied to variable-rate lending, introducing exposure to changes in interest rates.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.
