Time Finance are pleased to announce continued expansion in their Invoice Finance team as David Nurcombe is appointed as Business Development Manager.
David joins Time Finance with over 25 years’ experience in the business finance sector, having started his career in business banking at Lloyds Banking Group before moving on to become a Business Development Manager at Investec Capital Solutions. In his most recent role as Regional Sales Director at Skipton Business Finance he was responsible for generating awareness of the financial services available to business owners across East London, Essex and East Anglia that aid growth and expansion.
Speaking of his appointment, David comments: "It’s an exciting time to be joining Time Finance. There’s a definite momentum in the market with investment high on the agenda and many business owners are looking for cashflow funding solutions to help capitalise on new opportunities. Stepping up to this new role presents a great opportunity to drive support through our enhanced Invoice Finance offering.”
Invoice Finance can relieve pressure on cashflow and give businesses the freedom to grow. By releasing up to 90% of the value of unpaid invoices, business owners can access additional working capital and use the funds to support day-to-day cashflow requirements or support innovation and growth. Time Finance offer confidential and disclosed facilities ranging from £10,000 to £2.5million, with the added flexibility that their facilities can grow alongside a business.
Adrian Payne, Head of Sales at Time Finance, added: “David is a great addition to our team, and we are delighted to have him on board as we continue to expand our presence across the UK.
“As a national sales team, we are committed to delivering valuable and staple finance solutions to businesses who are looking to release additional working capital for innovation and growth. We have ambitious growth objectives to continue enabling UK SMEs to gain easy access to our Invoice Finance solutions and David’s appointment will help us in achieving this.”
David’s recruitment is the latest in a string of appointments at Time Finance in recent months, including Steve Nichols as Director of Asset Finance, Michael Freebury as Head of Sales for Wales in their Invoice Finance team, and Lauren Maloney as Business Development Manager.