Time Finance, the alternative finance provider, has renewed its block discounting facility from Cynergy Business Finance (CBF), the asset-based lending (ABL) arm of Cynergy Bank, increasing the facility to £15m.

Time Finance, the alternative finance provider to UK SMEs, has achieved another lending milestone with the delivery of its first Asset Based Lending (ABL) facility.

Time Finance is pleased to announce that it has reached a record high in its lending book, as it hits a £145m milestone of funding support delivered to UK businesses.

Time Finance is pleased to announce the launch of its new Asset Based Lending (ABL) solution, designed to help UK businesses access funds otherwise tied up in assets within their business, including plant and machinery, stock, and commercial property.

Time Finance are delighted to announce that they have introduced a new Secured Lending product to support the growth and investment plans of British businesses throughout 2022 and beyond.

Time Finance are delighted to announce that they have secured Sharon Bryden as Director of Commercial Loans & ABL with immediate effect. The role is newly created and is reflective of the firms’ commitment to delivering a market leading portfolio of funding solutions to UK businesses as they recover and grow.