When a small business takes out finance, the last thing it needs is to be chasing late payments from its own customers. It ties up time, strains relationships, and delays the cash that keeps operations moving. Time Finance has built its credit control service to deal with this directly, offering clients hands-on support in recovering what they’re owed, before it becomes a problem.
Rather than leaving clients to manage receivables alone, Time Finance takes responsibility for contacting customers, following up on outstanding invoices, and ensuring payment terms are met. It does this using a professional, consistent approach that protects client relationships while speeding up payment.
Clients who rely on Time Finance to manage collections are more likely to stay, more likely to repay on time, and less likely to experience serious cash flow disruption. That lowers credit risk across the loan book and strengthens recurring revenue through higher retention. It also gives Time Finance better insight into potential repayment issues before they show up in the data, a valuable early warning system.
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.
