Time Finance has passed £250 million in gross lending for the first time, marking another step towards its target of growing the book to more than £300 million by 31 May 2028.
The specialist finance provider said the milestone was reached during the final quarter of its financial year, which ended on 31 May 2026. It also represents the company’s 20th consecutive quarter of lending book growth, underlining continued demand for its SME funding products.
Time Finance reported a gross lending book of £217 million at the same point last year, so the move beyond £250 million shows further progress against the company’s growth strategy. The next update is due on 25 June 2026 and will give a fuller view of fourth-quarter trading and performance for the year ended 31 May 2026.
Time Finance provides funding to SMEs through asset finance, invoice finance and business loans. This gives the company exposure to a range of commercial borrowing needs, from working capital support to investment in equipment and other business assets.
The wider relevance of the milestone is that a larger lending book can support stronger recurring income and greater operating scale. It also gives the company a stronger platform from which to pursue its medium-term growth target.
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.
