Time Finance plc (LON:TIME) CEO Ian Smith joins DirectorsTalk Interviews to discuss the reasons behind the rebrand from 1pm plc to Time Finance plc. Ian explains why now is the right time, the meaning behind the new name, further development and integration of the group, trading for the last six months, impacts on the portfolio, expected revenue and profit for the rest of the year and the outlook for the next 12 to 18 months.
Time Finance plc’s strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging vehicle and property-backed finance for consumers. The multi-product range for SMEs includes asset, vehicle, loan and invoice finance facilities. The Group operates a “hybrid” lending and broking model enabling it to optimize business levels through market and economic cycles