Time Finance

What Time Finance does

Time Finance plc (LON:TIME) is an AIM-listed, Bath-headquartered independent specialist in SME funding solutions, founded in 1998 and operating across the United Kingdom with offices in Bath, Reading, Birchwood, and Manchester. The company serves more than 10,000 UK SME clients through five core products: Asset Finance (equipment financing via hire purchase or finance lease), Invoice Finance (factoring and confidential discounting delivering up to 90% of invoice value within 24 hours), secured Business Loans (£50k–£500k), Vehicle Finance, and Multi-Product Solutions / Asset Based Lending (£100k–£5m). Distribution is omnichannel, combining a national broker and intermediary network, a regional Business Development Manager sales team covering all UK regions, a vendor/supplier finance channel, and direct digital intake through the company website.

The business operates a spread-and-fee model funded through diversified wholesale facilities, including a £65m Back-to-Back Invoice Finance line with NatWest, a £64.4m British Business Bank ENABLE Funding facility, and a £15m block-discounting facility from Cynergy Bank. FCA authorisation is held across four regulated subsidiaries (Time Broker Finance, Time Vendor Finance, Time Hard Asset Finance, Time Loan Finance), and the company is a British Business Bank delivery partner and member of NACFB, UK Finance, FLA, and BVRLA. The technology stack is conventional digital lending tooling, augmented by third-party integrations including Nivo Solutions for identity verification and Verifi for virtual asset inspection; no proprietary AI/ML capabilities were disclosed.

For the most recent full year (FY2025), Time Finance reported revenue of £37m against a record £250m gross lending book, with nine-month revenue of £28.3m (4% growth) and profit of £6.2m (5% growth). The group has achieved 20 consecutive quarters of lending-book growth, has executed a roll-up of six acquired brands (2015–2017) including Academy Leasing, Bradgate Business Finance, Intelligent Loans, Positive Cashflow Finance, Gener8 Finance, and CarFinance2U, and operates a market capitalisation of approximately £43m as of April 2026. The company is led by CEO Ed Rimmer and CFO James Roberts, with a stated lending-book target of £300m.

Name

Time Finance

Legal name

Time Finance plc

Website

https://timefinance.com/

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Time Finance plc is an AIM-listed UK specialist lender providing Asset Finance, Invoice Finance, Business Loans, Vehicle Finance, and Multi-Product ABL facilities (from £50k to £5m) to more than 10,000 UK SMEs, distributing through a national broker network and direct sales team.

Ownership category

akta.pro rank

Product category

SME Commercial Finance

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)

Keywords

• SME lending
• Asset finance
• Invoice finance
• Business loans
• Vehicle finance

Headquarters

HQ city

Bath

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Finance: Equipment financing through hire purchase or finance lease agreements, enabling businesses to fund machinery, vehicles, and equipment purchases with structured repayment options.
2. Invoice Finance: Provides up to 90% of invoice value within 24 hours, helping businesses unlock cashflow from unpaid invoices. Includes invoice factoring and confidential invoice discounting.
3. Business Loans: Secured business loans ranging from £50k to £500k, typically short or long-term with monthly repayments, secured against collateral such as property.
4. Multi-Product Solutions / Asset Based Lending: Asset Based Lending combining funding against multiple business assets (invoices, stock, property, machinery, equipment) into one flexible facility, borrowing from £100k up to £5m.
5. Vehicle Finance: Vehicle and fleet financing solutions, including business contract hire and fleet management services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Time Finance provides flexible funding solutions to UK small and medium-sized enterprises through five core products: Asset Finance, Invoice Finance, Business Loans, Vehicle Finance, and Multi-Product Solutions (Asset Based Lending). Facilities range from £50k secured loans up to £5m ABL facilities, with invoice finance releasing up to 90% of invoice value within 24 hours. Funding is delivered through a national broker/intermediary panel, a regional BDM sales force, and vendor partnerships, supported by digital enhancements including ID&V onboarding and virtual asset inspection.

Product overview

Time Finance is an independent finance provider specializing in SME funding through a multi-product platform. The core portfolio consists of five main products: Asset Finance (equipment financing via hire purchase or finance lease), Invoice Finance (factoring and discounting for cashflow liberation), Business Loans (secured loans £50k-£500k), Vehicle Finance (business and fleet funding), and Multi-Product Solutions/Asset Based Lending (combining multiple assets for £100k-£5m facilities). These products are delivered through broker/intermediary channels and direct sales teams, with recent digital enhancements including ID&V technology and virtual asset inspection platforms. The company operates from multiple UK locations serving over 10,000 SME clients with a lending book exceeding £250 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Asset Finance Equipment, machinery, vehicle and technology financing for UK SMEs via hire purchase or finance lease agreements, enabling businesses to acquire assets with structured repayment options while preserving working capital.
• Invoice Finance Combined invoice factoring and confidential invoice discounting solution enabling UK businesses to access up to 90% of unpaid invoice value within 24 hours, improving cashflow and supporting growth.
• Business Loans Secured business loans typically backed by property collateral, providing flexible funding between £50k and £500k for investment, expansion, working capital and other business needs with monthly repayments.
• Vehicle Finance Business and fleet vehicle financing including contract hire, fleet management services and electric vehicle financing, enabling UK businesses to acquire vehicles while spreading costs over time.
• Multi-Product Solutions (Asset Based Lending) Combined asset-based lending facility allowing UK businesses to borrow from £100k up to £5m against multiple business assets including sales ledger, stock, plant, machinery, vehicles, property and land in a single flexible facility.
• Vendor Finance Point-of-sale asset finance offering for equipment suppliers and vendors, empowering their customers to purchase vital equipment via flexible financing at the point of sale.
• Invoice Factoring Disclosed invoice factoring product providing up to 90% of invoice value within 24 hours with full credit control service handling customer communications and debt management on behalf of the business.
• Invoice Discounting (Confidential) Confidential invoice discounting solution providing up to 90% of sales ledger value without notifying customers, allowing businesses to retain internal credit control operations while unlocking working capital.
• Fleet Solutions Comprehensive vehicle fleet funding offering vehicle sourcing, maintenance packages and fleet management services for UK businesses operating multiple vehicles.

Quantifiable outcome

• Up to 90% of invoice value accessible within 24 hours
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered supporting and minor.

• Leonard CurtissupportingImplementation/ SI/ Consulting Partner · 16 March 2026Leonard Curtis arranged a tailored finance deal for Spurr's Butchers' expansion, with Time Finance delivering the asset finance element. Leonard Curtis structured the combined funding package including asset finance and commercial mortgage.
• VerifisupportingTechnology or Integration · 29 September 2025Partnership with Verifi to launch a new virtual asset inspection platform as part of Time Finance's ongoing digital enhancement strategy to improve finance solutions for SMEs.
• Nivo SolutionssupportingTechnology or Integration · 17 May 2024Partnership with Nivo Solutions to launch new ID&V (Identity Verification) technology as part of Time Finance's digital enhancement strategy to improve asset finance solutions for SMEs.
• EforestsminorStrategic or Co-development Partner · 11 October 2022Partnership with Eforests for the #OneTreeAtATime initiative, planting one tree for every employee that joins Time Finance. So far, 140 trees have been planted in community woodlands, nature reserves and community farms. This supports Time Finance's sustainability and greener future commitment.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Aldermore Bank: Aldermore is a UK challenger bank owned by FirstRand, providing SME asset finance, invoice finance, and commercial mortgages through broker and direct channels. Directly competes with Time Finance across all five product lines and serves the same UK SME segment.
• Close Brothers Asset Finance: Close Brothers operates a large UK SME lending division spanning asset finance, invoice discounting, and commercial loans. Comparable to Time Finance in product breadth, intermediated distribution model, and UK SME target market.
• Novuna Business Finance: Novuna (formerly Hitachi Capital Business Finance) is a UK specialist in asset finance, invoice finance, and vehicle finance for SMEs. Direct competitor with overlapping products, broker-led distribution, and similar ticket sizes to Time Finance.
• Paragon Bank: Paragon operates a specialist SME lending franchise including asset finance, invoice discounting, and motor finance through broker networks. Overlaps with Time Finance in funding structures, intermediated channels, and UK SME focus.
• Shawbrook Bank: Shawbrook is a UK specialist challenger bank focused on SME lending, commercial mortgages, and asset finance. Comparable to Time Finance in target customer (UK SMEs), intermediated distribution, and specialist lending positioning.
• Bibby Financial Services: Bibby Financial Services is one of the UK's largest invoice finance providers, offering factoring and discounting to SMEs. Direct overlap with Time Finance's Invoice Finance product and similar intermediated GTM approach.
• Funding Circle: Funding Circle is a UK-listed SME lending platform providing business loans and invoice finance through both direct and broker channels. Comparable to Time Finance in serving UK SMEs seeking working capital and growth funding.

Broad incumbents

• OneSavings Bank (OSB Group): OSB Group is a larger UK specialist lender spanning buy-to-let mortgages, commercial lending, and asset finance. Broader and larger than Time Finance but addresses overlapping UK SME and professional borrower segments through similar specialist channels.
• Investec Bank plc (UK): Investec's UK business provides asset finance, invoice discounting, and specialist lending to mid-market and SME clients. Comparable in product set and relationship-driven intermediated distribution, though typically serving larger transaction sizes than Time Finance.

Emerging players

• LendInvest: LendInvest is a UK specialist property finance platform offering bridging, development, and Buy-to-Let loans. Adjacent rather than directly overlapping, but representative of the wider UK specialist lender landscape competing for broker-distributed flow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/time_finance
• YouTubeyoutube.com/channel/UCZrkR3JlwgvwFlA0AtkjDKQ?
• LinkedInlinkedin.com/company/timefinance

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Time Finance