Time Finance (TIME) Ord 10p

Time Finance plc is a United Kingdom-based independent specialist finance provider. The Company offers a multi-product range for SMEs. The Company is primarily a lender for the working capital requirements of United Kingdom businesses, but it can also act as a broker in arranging funding where more appropriate. It comprises two core, own-book divisions - Asset Finance and Invoice Finance - with lending proposals originated through a variety of channels. These include finance brokers and other professional firms, equipment vendors, suppliers and dealers, and direct from borrowers. It can fund various asset types, which include hard assets and soft assets. Hard assets include printing equipment; tractor units, trailers & LCVs; agricultural & forestry equipment, and cars & vans. Soft assets include office furniture, commercial kitchens, software, shop fit-outs, and audio visual & IT hardware. The Company's finance solutions also include loans, vehicle finance and asset based lending.