In this presentation, Ed Rimmer, CEO of Time Finance PLC (LON:TIME), shares the company’s latest financial results and strategic milestones. Covering the period up to the first quarter of August 2024, Rimmer outlines key growth figures, including a significant expansion in their lending book and improved profitability. He discusses the company’s core strategy of focusing on SME funding through asset and invoice finance, as well as the challenges and opportunities ahead in a turbulent market. This presentation provides valuable insights into Time Finance’s forward-looking plans and the positive trajectory of its financial health.
Time Finance PLC is a UK-based financial services provider focused on supporting small and medium-sized enterprises (SMEs). The company specialises in offering flexible funding solutions, including asset finance, invoice finance, and business loans. These financial products help businesses manage cash flow, invest in equipment, and maintain operational stability.
Their core approach involves secured lending, where funding is backed by tangible assets or receivables, ensuring a lower risk for both the business and the lender. Time Finance aims to be a key partner for SMEs, enabling growth through tailored financial support.