Tag: TIME

When businesses weigh how best to access the tools they rely on, the decision often looks straightforward on the surface. Yet beneath the simplicity of hiring rather than buying lies a series of trade-offs that can have lasting influence on financial resilience, tax positioning and even strategic flexibility. For investors, these decisions at the operational level are not just about balance sheet presentation but about how a business manages growth, liquidity and risk over time.

The attraction of leasing rests on the ability to deploy assets immediately without committing a large sum upfront. For many management teams this can be the difference between acting quickly in a competitive market and delaying growth plans. Preserving working capital means funds remain available for staffing, expansion or marketing rather than being locked into depreciating machinery. In that sense, leasing becomes a tool for capital efficiency, ensuring a company’s resources remain liquid and adaptable.

There is also the issue of technology cycles, particularly in sectors where innovation renders equipment outdated within a few years. Leasing provides a built-in mechanism to refresh capabilities without carrying the burden of disposal or resale. For investors, this lowers the risk that a portfolio company becomes encumbered with obsolete assets that limit competitiveness. In industries like logistics, manufacturing or healthcare, the ability to upgrade seamlessly can mark the difference between leading and lagging behind.

At the same time, depreciation risk effectively shifts away from the operator and onto the provider. While accounting treatment varies, the fundamental reality is that the lessee avoids the drag of declining asset values. Tax treatment can add another layer of benefit, particularly for firms registered for VAT, where reclaim mechanisms support more efficient cost management. Some agreements even go further by bundling in maintenance and replacements, smoothing operating expenditure and reducing unexpected downtime, which can be crucial in environments where continuity is everything.

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.

After more than a decade and a half of steady trading, this Midlands-based furniture concern encountered what might have marked a fatal blow: the exit of its most significant customer. That client had represented half of the company’s revenue, an exposure that proved unsustainable. Although the firm navigated through a downsizing phase and clawed back profitability, the shock of losing such a major revenue stream required a more structural remedy. In response, the directors pursued a reset, seeking a more measured cost base and renewed stability.

It was here that a tailored, multi-product financing package became the catalyst. A £1.6 million facility was assembled, combining an £800,000 invoice finance line with an £800,000 property-backed loan. This bespoke approach, anchored in both the strength of the sales ledger and the value of commercial real estate, allowed operations to restart in as little as two weeks. Much more than breathing space, this capital injection became a springboard, enabling the business not just to preserve jobs but to retain core manufacturing skills that are essential to the region’s industrial fabric.

The financing equipped the company to invest in fresh equipment and confidently re-engage the market. By balancing working-capital relief with asset-based lending, the business forged a path toward sustainable turnaround.

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.

A quiet realignment often speaks louder than grand pronouncements, and Time Finance’s latest move suggests a deliberate recalibration of its strategic compass. By bringing in a recognised specialist, the lender appears to be setting its sights on a sector that few in the SME funding space have courted so directly. Beneath the surface, this decision hints at a deeper playbook designed to capture untapped demand where heavy equipment meets flexible financing.

Time Finance has long carved out a reputation as an agile backer of small and medium-sized enterprises, yet its asset finance activities have typically revolved around vehicles and general equipment. The decision to assemble a dedicated materials handling team marks a purposeful pivot, one that reaches into markets anchored by forklifts, conveyors and warehouse machinery. For investors, the appeal is twofold: broadening the firm’s addressable market while leveraging expertise that can tame the complexity of high-value hard assets.

At the heart of this strategy sits Phil Blea, a newcomer whose track record spans established names in asset lending and vendor finance. His previous stints at Close Brothers and Linde signal a rare blend of vendor relationships and in-field know-how, qualities that may well accelerate Time Finance’s entry into a domain demanding both technical appreciation of machinery and nuanced credit assessment. By entrusting the build-out of its materials handling arm to an individual steeped in sector dynamics, the lender reduces the friction that often accompanies new vertical launches.

Investors attuned to balance-sheet growth will note that this initiative dovetails neatly with Time Finance’s ambition to lift its own-book lending beyond £300 million over the next three years. With its year-end figures for May 2025 already standing at £217 million, the path to that target relies not only on volume but on diversification into niches where competition can be more disciplined and credit premiums better reflect specialist risk. The materials handling market, characterised by sizeable transactions and durable collateral, provides just such an arena.

Engaging manufacturers and storage operators in need of heavy machinery financing also speaks to broader industrial tailwinds. As supply chains seek resilience and warehouse automation gains ground, the demand for forklifts, pallet trucks and handling systems is on track to outpace traditional equipment cycles. For Time Finance, a bespoke funder in this field could capture growth at multiple junctures—from initial purchase to upgrades and replacement financing, without diluting its underwriting standards.

Crucially, the addition of a materials handling team resonates with Time Finance’s multi-product philosophy. Beyond standalone asset finance, the lender can propose bundled offerings that combine invoice finance and loans, effectively deepening client relationships and enhancing revenue per customer. By embedding sector-specific expertise, the business broadens its advisory role, transitioning from mere financier to strategic partner for mid-market enterprises navigating operational investment decisions.

This move also underscores a deliberate hedge against leasing and rental alternatives. Where some competitors may recast materials handling as an “off-balance-sheet” service, Time Finance’s own-book approach allows it to capture interest margin directly while retaining control over asset performance. Investors will appreciate the trade-off: a slightly more conservative capital deployment offset by the certainty of reward, especially when collateral remains robust and residual values respectable.

The narratives around growth often centre on headline figures, yet the subtler tale here involves organisational capability. The establishment of a dedicated sales and support structure suggests that Time Finance is mindful of execution risk. Scaling transaction volume in materials handling demands proficient credit teams, streamlined appraisal processes, and vendor networks capable of channelling deals effectively. By placing a sector expert at the helm, the lender insulates itself against the learning curves that can erode returns in new markets.

Moreover, this sector focus may deliver ancillary benefits in client acquisition costs and portfolio quality. Specialist understanding fosters faster decision-making and tailored risk assessments, thereby shortening deal cycles and potentially reducing default probabilities. Over time, these efficiencies can translate into improved capital utilisation and a more resilient loan book, outcomes that underpin sustainable earnings growth and a firmer foundation for future expansion.

This strategic stride also dovetails with the firm’s broader mission to empower UK businesses as they scale. By addressing financing gaps in high-investment sectors, Time Finance signals confidence in the industrial heartbeat of the nation. Investors seeking exposure to the SME lending story may find this dual emphasis on niche competence and disciplined growth particularly compelling, as it blends the dynamism of small-ticket operations with the stability of high-value asset finance.

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.

A shift in focus seldom announced with fanfare is unfolding at one of the UK’s most intriguing independent financiers, where the balance between tactical agility and robust processes is being recalibrated to chart the next course of its lending narrative.

In an arena where capital allocation and product innovation often command the spotlight, Time Finance has chosen to place operational backbone centre stage. The recent appointment of a seasoned operations leader signals a deliberate move to embed efficiency at every touchpoint of the asset finance cycle. This is more than a personnel change; it reflects a deeper conviction that streamlined workflows and refined systems will prove as pivotal to long‐term success as any front‐line sales initiative.

For more than two decades, the incoming operations chief honed her skills steering complex teams through evolving market landscapes. Her tenure at a notable competitor sharpened her instincts for process design and technology integration, qualities that now underpin Time Finance’s ambition to expand its lending book towards the £300 million mark. Those figures are seldom reached without a tightly orchestrated machine working behind the scenes. From credit assessment to deal execution, each stage must accommodate greater volumes without sacrificing the responsiveness that brokers and their SME clients value.

The lender’s strategic vision extends beyond headline targets. A recently unveiled three‐year plan underlines a commitment to sustainable expansion, with operational excellence cast as the foundation upon which new business volumes will rest. Building automated credit workflows and enhancing data visibility will deliver two critical advantages. First, it will allow underwriters to focus on higher‐value decisions rather than repetitive tasks. Second, it will strengthen risk controls by embedding guardrails within the system, reducing the margin for human error as transaction counts climb.

Investors will recognise that enhancing back‐office capabilities is no mere cost centre exercise. In an industry where margins can erode through inefficiencies and manual bottlenecks, a lean and digitally enabled infrastructure translates into improved underwriting throughput and faster time to funding. That efficiency advantage becomes a differentiator in a market where SMEs seek both speed and certainty. By concentrating resources on process optimisation, Time Finance is positioning itself to meet broker expectations for rapid responses while preserving credit quality.

This approach sits comfortably alongside recent hires in other divisions, reinforcing that the business is scaling in measured increments. The addition of new leadership in the invoice finance team, for example, broadens the firm’s toolkit for supporting working capital requirements across a diverse client base. Yet it is in the asset finance arm where the operational revamp promises the most immediate impact on growth trajectories. The firm’s managing director of asset finance has emphasised that the forthcoming period will demand a nimble mindset coupled with disciplined execution, a duality that has driven the choice of a chief operating officer whose track record spans system redesign and service excellence.

There is also a cultural dimension to this strategic pivot. By elevating operational leadership to a board‐level conversation, the firm signals to staff, brokers and stakeholders that process innovation carries equal weight to product strategy. That message fosters an environment in which continuous improvement becomes part of the organisational DNA rather than an afterthought. It also creates a framework for future investment in digital tools, whether through bespoke platforms or partnerships with fintech providers specialising in data analytics and workflow automation.

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.

The echoes of a 65-year banking partnership still lingered in boardrooms as this regional wholesaler faced an abrupt funding crossroads. A sudden shift in its primary lender’s stance cast a long shadow over seasonal purchases and supplier commitments, leaving management with a stark choice: limp forward under restrictive terms or seek a fresh approach to safeguard trading continuity. Neither option appealed, yet that juncture set the stage for a creative funding overhaul that would redefine how a time-honoured distributor of pipes and fittings sustains its cash flows.

Under its previous arrangement, the business relied on an overdraft, trade finance loans and an invoice finance line to juggle working capital demands. When its bank began to curb outgoings, critical payments stalled and operational momentum stalled in unison. Rather than endure piecemeal concessions, the leadership team opted to invite an alternative lender to dissect the company’s balance sheet and contractual commitments comprehensively. That scrutiny uncovered latent borrowing capacity in receivables, alongside a realistic plan to extinguish short-term liabilities. By weaving together an expanded invoice finance line with a tailored term loan, the wholesaler regained both liquidity and autonomy.

In practical terms, the new structure replaced the existing invoice finance facility with a £2.2 million arrangement, immediately unlocking cash tied up in outstanding customer invoices. Crucially, the payment threshold was raised to 95 percent, meaning nearly the full face value of receivables became available to fund stock purchases and day-to-day outlays. Simultaneously, a £550 000 Xtra Time Loan was put in place to retire the lingering overdraft and trade finance balances. The dual-track solution not only addressed the immediate funding void but also aligned repayment schedules with the firm’s established sales cycles, easing pressure on margins and enabling smoother balance sheet management.

For investors, the case offers more than a snapshot of crisis mitigation. It illustrates how flexible, multi-product finance can be deployed to fortify mature businesses when conventional banks retreat. By structuring a loan and invoice finance package that mirrors revenue patterns, the arrangement preserves headroom for reinvestment in inventory and working capital without incurring punitive charges or hampering growth plans. The wholesaler’s ability to negotiate favourable payment terms with suppliers remains intact, while its credit control processes benefit from the finance partner’s optional support services. In effect, the company trades one-size-fits-all covenants for bespoke terms that reflect sector seasonality and customer concentration, a shift likely to resonate across asset-intensive niches.

Timing also played a pivotal role. The intervention came ahead of a traditionally busy period for commercial construction, when demand for piping systems typically accelerates. Rather than scrambling for ad hoc invoice discounting or emergency overdrafts at peak rates, the wholesaler secured certainty around funding costs and availability. That clarity has a dual impact: it underpins procurement negotiations and it signals to stakeholders, employees, suppliers and end customers alike, that operational continuity is non-negotiable. For investors seeking stable cash flows, such episodes underscore the value of financing partners attuned to cyclical upticks and troughs, ready to flex credit lines to pre-empt seasonal pinch points.

Beyond the immediate financial safeguards, the restructuring promotes strategic optionality. With the lending facility and term loan in place, the wholesaler can re-evaluate its credit terms, explore bulk-buy discounts and pursue selective market expansion without overleveraging. Should larger capital projects arise, such as automation of fulfilment centres or diversification into adjacent territories, the existing multi-product framework can be scaled or complemented by additional financing lines. That adaptability contrasts sharply with rigid banking covenants that often stifle operational pivots, especially for family-owned enterprises with deep community roots.

As the business transitions onto this steadier platform, management retains the latitude to focus on long-term positioning rather than firefighting cash-flow crises. The finance partner’s shared commitment to sector expertise and tailored credit oversight transforms the lender-borrower relationship into a collaborative growth enabler. Investors attuned to the nuances of supply-chain finance and asset-backed lending will recognise the broader trend: alternative lenders stepping into gaps left by traditional banks, deploying modular solutions to sustain UK SMEs through challenging headwinds.

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.

A boardroom transformation often unfolds behind closed doors, where those intimately acquainted with the day-to-day operations decide it is time to put their own capital on the line. Rather than welcoming an external purchaser, this moment sees the leadership circle rally around a shared conviction in untapped potential, setting the stage for a transaction that can redefine both ownership and future direction.

From an investor’s perspective, the appeal of a management buyout lies in its inherent alignment of incentives. When those who have steered the business for years decide to take the reins, they bring not just their expertise but also a personal stake in every decision. This transition can avert the disruption that often accompanies external takeovers, preserving institutional knowledge and cultural continuity. For the outgoing owner seeking an orderly exit, it presents a seamless handover, bypassing the protracted search for buyers and the uncertainty of integration with an unfamiliar partner.

The mechanics of funding such a buyout weave together various forms of debt and working capital facilities. Asset-based lending underpins many deals, allowing a management team to leverage tangible holdings, be that machinery, property or stock, to unlock the capital required. At the same time, invoice finance can accelerate cash flow by advancing up to ninety-five per cent of outstanding invoices in as little as twenty-four hours, bridging gaps between payment cycles and ensuring liquidity immediately post-acquisition. Secured business loans, backed by either corporate or personal property, often form the cornerstone of the funding package, offering scale and competitive rates in exchange for collateral that reflects the true value of the enterprise.

Valuation sets the tone from the outset. Leadership and advisers will pore over historical earnings, industry comparators and EBITDA multiples to arrive at a fair price that balances risk and reward. Once both sides agree figures that reflect realistic growth forecasts, the due diligence phase deepens the scrutiny. This stage blends legal, financial and operational reviews, with management drafting a fresh business plan that outlines strategic priorities, revenue targets and efficiency gains. Lenders and potential equity partners will assess that blueprint closely, gauging the team’s capacity to deliver on promises and generate sufficient cash flow for debt servicing.

Securing financing then becomes an exercise in calibration. A syndicate of banks, specialist credit providers and private equity investors may each contribute to the capital stack, with terms negotiated around interest rates, amortisation schedules and governance rights. Management must ensure that the debt burden remains sustainable, avoiding over-leverage that could stifle investment or growth initiatives. At the same time, equity backers often seek milestones and covenants that protect their position and incentivise performance, creating a partnership dynamic rather than a purely transactional relationship.

Closing the deal involves more than signatures on a purchase agreement. Share transfer mechanics, regulatory filings and shareholder arrangements must all be ironed out to formalise the change in ownership. Once complete, the new owner-team steps into both board seats and balance-sheet responsibilities, ready to capitalise on their intimate understanding of markets, clients and suppliers. With the right mix of funding and governance, a management buyout can transform experienced executives into entrepreneurial custodians, driving growth with clarity of purpose.

A management buyout is not without challenges. The shift from employee to owner brings fresh pressures and demands rigorous financial discipline. Yet for investors, the combination of leadership continuity, asset-backed security and aligned incentives can create a compelling proposition. By carefully structuring debt, leveraging existing resources and maintaining a clear strategic roadmap, a well-executed MBO can unlock latent value and position the business for long-term success.

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.

The hum of UK boardrooms seldom pauses for finance houses quietly redefining sector norms, yet a recent strategic pivot at a Bath-based specialist lender has done just that. Beneath the surface of familiar metrics lies a deliberate shift that has positioned this firm to catch the eye of discerning investors looking beyond headline figures.

From its inception, the company’s four-year blueprint centred on doubling down where others might retreat, favouring the pillars of invoice and asset finance over more volatile funding streams. This meant steering almost all new commitments into secured products, a choice that, while resolutely conservative on paper, quietly set the stage for something far more dynamic. By the close of the year ended 31 May 2025, that strategy had delivered an 8 per cent expansion of its gross lending book to £217 million, marking yet another chapter in a 16-quarter stretch of uninterrupted lending increases. The lifting of these secured volumes has not merely added scale; it has bolstered the firm’s resilience by ensuring that three-quarters of its overall commitments rest on collateralised foundations.

Yet the story extends deeper than balance-sheet heft. Revenues advanced by 11 per cent to £37.0 million, outstripping the wider market’s conservative estimates, while pre-tax profits swelled by 34 per cent to £7.9 million. That profit margin climb, advancing by three percentage points to just over 21 per cent, underlines how a focus on higher-quality, secured deals can translate into cleaner earnings and greater operating leverage. Importantly, credit quality held steady even as volumes rose: arrears lingered at a modest 5 per cent of the outstanding book, and write-offs remained contained at 1 per cent, painting the picture of disciplined underwriting rather than reckless expansion.

This bespoke funding model has also fed a 14 per cent uplift in net tangible assets, now totalling £44.1 million, and nudged deferred income ahead by 5 per cent to £26.7 million. Together, these metrics offer a window into both the cushion beneath the group’s equity base and the visibility of future revenue streams. Complementing this balance-sheet robustness, the lender wrapped the year with more than £90 million of headroom across its committed facilities, ensuring room to manoeuvre as it embarks on the next phase of its growth journey.

Far from resting on past successes, the board has already set the compass towards a fresh three-year programme through to May 2028. The emphasis on secured lending remains core, but the ambition is also to exploit an evolving SME landscape where businesses increasingly seek tailored finance solutions that blend speed with security. The group’s regional footprint, from Bath to Manchester, Reading to Warrington—provides local reach, while a unified operating platform keeps decision-making lean. This dual focus on agility and granularity positions the lender to capture market share at a time when larger competitors wrestle with legacy systems and smaller peers chase volume at the expense of risk controls.

For long-term investors, the tale here is not about a lender briefly riding a favourable credit cycle; it is about a company deliberately reshaping its DNA to thrive in an environment where collateral strength and margin resilience command a premium. As UK SMEs confront tighter lines on bank credit and mounting cost pressures, those delivering bespoke, secured facilities with swift execution stand to deepen client ties and lock in higher-return relationships. The Bath-based specialist has woven this strategy into its core, and the resulting financial momentum, backed by consistent credit performance, lays a foundation more durable than most in its peer group.

This company originates, structures and manages secured finance solutions, primarily through invoice financing and asset-based lending, for small and medium-sized enterprises across the UK, harnessing collateral to mitigate credit risk while offering tailored funding options. Its integrated platform and strategic emphasis on secured products underpin a lending book that has grown every quarter for four years, accompanied by rising revenues, widening margins and stable credit metrics. A fresh three-year plan now seeks to build on this disciplined approach, aiming to deliver sustained value for shareholders by marrying conservative risk controls with selective market expansion.

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.

The year-end figures suggest that a deliberate tightening of focus can become the catalyst for unexpected acceleration. Far from pursuing volume at any cost, this specialist finance provider has quietly redesigned its playbook, delivering a blend of measured discipline and robust growth that hints at something more profound on the horizon.

Time Finance’s latest annual update reveals a narrative of cautious ambition brought to life. Over the twelve months to 31 May 2025, the gross lending book expanded to £217 million, marking an eighth consecutive rise and delivering a fresh milestone for a lender that seems to thrive on restraint. By concentrating almost exclusively on secured products, principally invoice finance and hard asset finance, the business has steered clear of riskier exposures and channelled resources into deals underpinned by tangible collateral. This pivot has propelled new lending volumes up by 8% year-on-year, ensuring that growth has been both steady and sustainable.

Crucially, this deliberate approach has not stifled profitability. Revenues climbed by 11 per cent to £37 million, comfortably beyond the consensus expectation of £36 million, while profit before tax surged by a striking 34 per cent to nearly £8 million. The resulting profit margin has widened from 18 per cent to 21 per cent, underscoring how well the portfolio’s shift towards higher-security lending has translated into operational leverage. All the while, credit performance has remained sound: net arrears hold at 5 per cent of the book, and bad debt write-offs stand resolutely at 1 per cent, reflecting the discipline ingrained in every underwriting decision.

Behind these figures lies a deliberate strategy that has evolved over the last four years. When the board first set out its multi-year plan in June 2021, secured assets made up just over half of new business. Today, more than 90 per cent of recent deals carry security, and secured loans account for roughly 83 per cent of the total portfolio. Such a transformation has required patience and a willingness to forgo short-term volume for longer-term stability. In the process, Time Finance has built a book that is markedly more resilient to economic swings, reaffirming the notion that a cautious stance need not be synonymous with stagnation.

Balance sheet strength is equally evident beyond the headline lending figures. Net tangible assets have climbed by 14% to £44.1 million, underpinning the group’s ability to absorb shocks and seize new opportunities. Deferred income, which provides a line of sight into revenue yet to be recognised, stands at £26.7 million, offering further visibility into future earnings. The lender has also bolstered its firepower by securing additional funding facilities, leaving it with over £90 million of headroom to deploy at pace should compelling opportunities present themselves.

While the numbers speak for themselves, leadership’s outlook is equally instructive. Chief Executive Ed Rimmer reflects on the conclusion of the initial four-year strategy with satisfaction, noting that record revenues, enhanced margins and a growing lending book have all been achieved without compromising credit quality. This disciplined growth story feeds directly into a new three-year plan, running through to May 2028, which promises to build on the existing foundation. Rimmer’s confidence in continuing to deliver long-term value to shareholders suggests that Time Finance views its current model not as an endpoint, but as a springboard for further expansion and refinement.

For investors, the appeal lies in the blend of growth and control. In a market where many lenders chase headline volume, Time Finance has chosen to let its secured-asset bias do the heavy lifting. The result is a lender that can demonstrate predictable earnings, transparent risk metrics and a clear line of sight into its future revenues. Moreover, its geographic footprint, anchored in Bath with additional offices in Reading, Manchester and Warrington, provides a balanced platform for reaching SMEs across the UK, ensuring that the business is neither overly concentrated nor stretched too thin.

As the economic environment becomes ever more complex, a strategy that marries prudent underwriting with targeted growth could well prove the difference between fleeting success and enduring value creation. Time Finance’s record year may not have arrived with the fanfare of a dramatic surge; instead, it has been forged through consistent application of a risk-aware playbook. Yet it is precisely this understated approach that has yielded some of the most compelling results in the specialist finance space.

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.

In a quiet but calculated move, Time Finance has deepened its commitment to supporting SME cashflow by expanding the team within its Invoice Finance division, an initiative that could ripple through its broader strategy.

A few days ago, they welcomed Paul Rice as Business Development Manager for the south‑east, a region already home to a significant portion of its over 11,000‑client SME base. Rice brings more than 25 years of hands‑on experience in invoice finance and asset‑based lending, having held senior roles at Aldermore, Bibby Financial Services and RBS Invoice Finance. His remit centres on bolstering relationships with introducers, effectively extending the reach of Time Finance’s product suite across London and the wider southern corridor.

This hire isn’t happening in isolation. It follows recent senior appointments, including Terry Wolfendale as Head of Sales (South) and Danielle Lynch as a Relationship Manager. Taken together, these moves signal a coordinated push to strengthen distributor coverage, build trusted networks, and accelerate deal flow within a region brimming with entrepreneurial energy.

For investors evaluating the long‑term thesis, this operational expansion warrants attention. Invoice finance remains a critical tool in SME cashflow management, especially against a backdrop of delayed payments and margin pressure. By doubling down on senior hires, Time Finance is positioning itself to capture more market share, reinforce broker relationships, and deliver solutions to a broader client base—all without pursuing headline‑chasing acquisitions.

Rice’s own commentary reveals the outward focus of the strategy: “Finding the right solutions for business owners… Time Finance has a great reputation… I look forward to bringing this to my network and reaching more businesses”. Meanwhile, Wolfendale emphasises Rice’s energy and sector fluency, reinforcing intent to deepen presence in the South East.

Viewed holistically, this is a low‑risk, high‑leverage initiative. Instead of inflating balance sheet risk via larger ABL facilities or stretched credit lines, Time Finance is investing in what matters most: top talent, market connectivity, and the distribution engine. Their approach underscores a philosophy that scalable-growth in SME finance begins with trusted human capital—not just product innovation.

The broader context is compelling. SMEs in the UK continue to find traditional lending channels restrictive. Invoice finance, in particular, is gaining renewed traction as businesses navigate working capital constraints. A lender with deep‑regional relationships, responsive underwriting and a full‑suite offering, from asset finance and business loans to invoice and ABL, stands to win. Time Finance is clearly aligning itself to that future.

For investors, the incremental boost to a division that already supports 11,000 firms is noteworthy. A richer introducer network fuels pipeline quality, deal velocity and fee revenue, all while calibrating risk through experienced front‑line coverage. And because Time Finance appears to be scaling up organically, there’s minimal dilution or debt‑driven expansion risk here.

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.

A quiet shift in the recycling landscape is unfolding, driven by a small business that defied expectations and regained its stride with tailored financing, yet few are paying attention. With fiscal determination and strategic support, this company restructured its foundations and is now poised for a meaningful comeback. The subtle patterns beneath the story are what investors should find compelling.

From the outset, this recycling operation faced more than routine challenges, it confronted a crossroads demanding decisive reinvention. While many in the sector would accept consolidation or closure, this business opted for ambition over retreat. Rather than sliding into the backdrop, it sought critical funding precisely when cash flow constraints threatened its viability. That move alone signals a leadership team attuned to opportunity, not merely survival.

The funding provided by Time Finance chiefs played a catalytic role. It didn’t arrive as idle capital, but was structured to fortify operational capacity: enabling equipment upgrades, securing working capital, and facilitating smoother payment cycles with suppliers. In essence, the financing aligned with a growth trajectory, not just debt servicing. Observing how lenders and management collaborate to support expansion tells investors something key: this isn’t about meeting liabilities, it’s about building throughput.

Behind the scenes, the company capitalised on a broader macro trend. Increasing regulatory and consumer pressure to divert waste from landfills has boosted demand for efficient recyclers. Yet many small players have struggled to scale without capital. Here, access to bespoke financing became a differentiator, allowing the firm to step into under-served municipal and commercial contracts. The result: incremental revenue gains that speak more to structural shifts than short-term spikes.

It’s equally noteworthy how operational tweaks complemented the financial injection. The firm streamlined process flows, adopted lean inventory practices, and renegotiated supplier terms, each move enhancing margin flexibility. When combined with added capacity from upgraded equipment, the business lifted its cost structure without losing quality. That sort of tactical execution reflects management pragmatism, rather than inflated ambition.

Investors should view this not as a one-off rescue, but as a playbook in action. It suggests the company can leverage modest capital for outsized impact if future financing rounds are similarly targeted. The key risk, dependency on external funding, has been anchored by demonstrating concrete returns from prior support. It’s a dynamic worth monitoring: will the next tranche fuel new geographies or vertical integration?

Looking ahead, the company may pursue expansion into adjacent waste streams or municipal partnerships. With demand rising for circular economy solutions, a company positioned on infrastructure and capability could capture stable recurring cash. That may attract further investment or even create strategic alignment with larger players looking to outsource regional recycling.

In summary, this recycling business serves as a case study in disciplined revival: finding financing at the right moment, deploying it operationally, and aligning with evolving market demands. For investors, the takeaway isn’t just about one company, it’s about the emerging model where smaller players rebuild through precision financing, not just grant aid.

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.

A well-established client, trading for more than six decades, recently faced a significant challenge when their longstanding banking partner altered its position and requested the business seek alternative funding. This development required the client to refinance a range of existing facilities, including an overdraft, trade finance loans, and an invoice finance arrangement. The situation placed considerable pressure on the business owners, who were confronted with the urgent need to restructure their finances comprehensively.

David Oliver of Alliance Commercial Finance stepped in to assist, introducing the client to Time Finance as a potential new funding partner. With the previous funder restricting payments to critical transactions only, it became imperative to devise a solution that would not only replace the existing finance facilities but also guarantee a seamless and rapid transition. This was essential to safeguard the ongoing operations and future prospects of the business.

Time Finance responded by providing a £2.2 million Confidential Invoice Finance facility, fully replacing the previous arrangement. To further support the business through this transitional period, the payment limit was temporarily increased to 90%, with a plan to gradually reduce this limit over an agreed timeframe. In addition, a £550,000 Xtra Time Overpayment facility, secured against the company’s commercial premises, was implemented to address outstanding overdraft and trade finance obligations.

Throughout the process, Time Finance worked closely with the company’s directors and shareholders to develop a comprehensive financial solution tailored to the client’s needs. This collaborative approach ensured the business could navigate a particularly challenging period, securing both immediate stability and a foundation for future growth.

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.

Time Finance has launched an innovative investor hub designed to enhance shareholder engagement and provide a transparent view into the company’s operations. This strategic move aligns with the firm’s recent financial achievements, underscoring its dedication to fostering strong investor relations.

The newly introduced investor hub serves as a centralised platform where both existing and potential investors can access a wealth of information. Features include detailed financial reports, strategic presentations, regulatory announcements, and educational materials. Notably, the platform offers an interactive experience, allowing stakeholders to pose questions and receive responses from the Time Finance team, thereby promoting an open dialogue.

James Roberts, Chief Financial Officer of Time Finance, emphasised the importance of this development, stating that maintaining transparent and open communication with shareholders is paramount. He highlighted that the investor hub is a significant step forward in strengthening relationships with stakeholders, providing them with a clearer understanding of the company’s business model and long-term ambitions.

This launch comes on the heels of Time Finance’s robust financial performance. The company reported a revenue increase to £33.2 million for the year ending 31 May 2024, up from £27.6 million the previous year. Profit before tax also saw a substantial rise, reaching £5.9 million compared to £4.2 million in the prior year. These figures reflect the company’s successful strategy in supporting UK businesses through flexible funding solutions.

A significant contributor to this growth is the company’s Asset Finance division, which has surpassed the £100 million mark in its Hard Asset lending portfolio. This milestone represents a 21% increase since May of the previous year and more than triple the portfolio size recorded in 2021. The company’s focus on providing tailored funding solutions, such as Hire Purchase, Finance Lease, and Refinance options, has enabled SMEs to invest in critical equipment without straining their cash reserves.

Time Finance’s approach extends beyond product offerings. By cultivating strong relationships with a select group of brokers and maintaining close client interactions, the company ensures that each funding solution is bespoke, fostering sustainable growth for both the firm and its clients.

Looking ahead, Time Finance has set ambitious goals, aiming to grow its total lending book to over £300 million by 2028 while enhancing margins and return on equity. The launch of the investor hub is a testament to the company’s commitment to transparency and its proactive approach to investor engagement.

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.

Time Finance is accelerating its momentum in the SME finance sector with a standout performance in its Asset Finance division. The company’s Hard Asset lending portfolio has now surged past £100 million, reflecting both the scale of its ambitions and the success of its strategy to fuel business investment through flexible funding solutions.

This milestone represents a 21% increase since May last year and more than triple the portfolio size recorded in 2021 when Time Finance launched its growth strategy. This isn’t just a numerical achievement, it’s a clear indicator of market demand and the company’s ability to meet it with precision. As more UK businesses seek resilient financial partners, Time Finance is positioning itself at the forefront of asset-backed lending.

At the heart of this growth is a comprehensive range of funding solutions tailored to support capital investment across key industries. With options like Hire Purchase, Finance Lease, and Refinance, Time Finance enables SMEs to acquire critical equipment, ranging from construction machinery to transportation assets, without straining cash reserves. Spreading the cost of investment through manageable monthly payments allows businesses to benefit from immediate returns while preserving working capital.

The firm’s approach goes beyond products. By working with a select group of brokers and maintaining strong relationships with clients, Time Finance ensures each funding solution is bespoke. This relationship-driven model creates lasting partnerships and promotes sustainable growth for both the company and its clients.

Financial performance over the past year underlines the strength of this strategy. Time Finance has reported consistent increases in revenue, profitability, and shareholder returns. Earnings per share are rising, profit margins are expanding, and its total lending book has hit a new high. Crucially, credit quality remains strong, with arrears and bad debt levels well-managed, offering confidence to investors and clients alike.

Looking ahead, Time Finance has laid out clear and ambitious goals. By 2028, the company aims to grow its total lending book to over £300 million while boosting margins and return on equity. This long-term strategy reflects a clear vision backed by operational discipline and market insight.

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.

A recent survey by Time Finance reveals a significant opportunity for investors: over 70% of UK SMEs are not leveraging broker support to access finance, despite brokers facilitating £38 billion in SME loans in 2023. This gap presents a substantial market for growth and investment.

Time Finance’s Finance Apathy Survey, conducted in partnership with Censuswide, highlights that only 28% of SMEs have used a broker to secure business finance. Notably, 52% are aware of brokers but have never engaged their services, and 20% are unaware that brokers can assist in accessing finance. This lack of engagement suggests a widespread underutilisation of available financial support mechanisms.

The survey also uncovers a significant knowledge gap among SMEs regarding financial products. Specifically, 21% of SMEs are unaware of asset finance, 24% are unfamiliar with invoice finance, and 36% have not heard of asset-based lending (ABL). This lack of awareness limits SMEs’ ability to access diverse financing options that could support their growth and operational needs.

Ed Rimmer, CEO of Time Finance, emphasises the importance of bridging this knowledge gap. He notes that many SMEs could benefit from the guidance and support of broker partners who can introduce them to tailored financial solutions. Rimmer advocates for increased collaboration with brokers to educate SMEs on the variety of financing options available, thereby facilitating access to solutions that align with their specific ambitions and circumstances.

Time Finance is actively addressing this issue by working closely with brokers to enhance SME awareness and utilisation of financial products. The company’s commitment to education and support aims to empower SMEs to make informed financial decisions, ultimately contributing to their growth and success.

In summary, Time Finance is a UK-based independent lender specialising in providing tailored financial solutions to SMEs. Their offerings include asset finance, invoice finance, business loans, and asset-based lending. By focusing on bridging the knowledge gap and promoting broker engagement, Time Finance positions itself as a pivotal player in unlocking the full potential of SME financing.

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.

Choosing how to equip your business isn’t just about practicality, it’s a strategic decision that can influence cash flow, scalability, and long-term profitability. For investors, understanding the financial mechanics behind leasing versus buying equipment can unlock a clear view into a company’s fiscal health and operational strategy. This insight is particularly valuable in a market where flexibility and efficiency are critical for sustainable growth.

Leasing equipment is gaining ground as a strategic financial tool for businesses prioritising liquidity and adaptability. By leasing, companies sidestep the heavy capital expenditure of outright purchases, instead benefiting from manageable, scheduled payments. This spreads the cost across the asset’s useful life, preserving working capital and easing pressure on budgets. Leasing is especially advantageous in sectors where rapid innovation renders technology obsolete quickly. Businesses can keep pace with advancements without being tied to depreciating assets, maintaining competitive relevance without sacrificing agility.

Beyond capital preservation, leasing can offer measurable tax efficiencies. For VAT-registered businesses, VAT on leased equipment is typically paid in instalments alongside monthly payments, improving cash management and potentially enhancing VAT recovery. Moreover, many lease agreements wrap in service and maintenance, further reducing the risk of downtime and unplanned repair costs. These provisions provide cost certainty and operational continuity, appealing to both finance directors and operations managers alike.

In contrast, buying equipment outright delivers the benefit of full ownership, granting businesses long-term use of the asset and full control over its management and disposal. It’s a sensible move when the equipment has a lengthy operational lifespan and holds its value well. Depreciation can also be claimed as a tax-deductible expense, offering potential savings over time. Additionally, the ability to resell the equipment adds another dimension of return on investment. However, the upfront expenditure can put a strain on cash flow, potentially restricting investment in other key areas such as staffing, innovation, or marketing.

This trade-off between ownership and flexibility is where tailored asset finance solutions come into play. Time Finance provides businesses with options that reflect their growth ambitions and operational needs. Whether it’s leasing for enhanced flexibility or hire purchase for long-term asset control, they equip businesses with the financial leverage to make optimal decisions. Their solutions are structured to suit a variety of sectors, delivering capital access without compromising financial agility.

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.