From Yahoo Finance: 2025-05-08 11:02:00

Time Finance has appointed Terry Wolfendale as head of sales (South) for its invoice finance division, aiming to enhance support for SMEs in London and the South East. The company plans to exceed £300m lending by 2028, offering finance solutions from £50,000 to £5m through asset-based lending deals.

With over 25 years of experience, Wolfendale will lead efforts to expand Time Finance’s presence in the market. The company is focused on enhancing its team and technology to provide innovative financial solutions to SMEs, ensuring continued success and growth in the industry.

Time Finance’s financial performance for 2024-2025 is expected to meet market expectations, supported by strong trading momentum. The company’s steady trajectory and robust performance have continued through March and April 2025, highlighting its positive outlook and growth in the market.

Read more: Time Finance appoints invoice finance head in southern UK