Time Finance is delighted to announce role changes of three of their Senior Management Team.
Steve Nichols, Sharon Bryden and Lorraine Neyland are all receiving new titles and expansion of roles within the group.
Steve, who was formerly Director of Asset Finance, is now named Managing Director of Asset Finance, delegating further responsibility to deliver the group’s asset finance results.
Sharon, who holds the role of Group Head of Operations, has seen an expansion in her role to now include increased risk responsibility within the Invoice Finance division, given her ongoing strong relationship with the Invoice Finance team.
Lorraine, who was previously titled Director of Risk at Time Finance, now holds the title of Group Risk Director, which better reflects her extensive responsibilities in risk management across the group.
Their roles are a comprehensive move in the business’s five-year growth plan, which is seeing their senior team members adopting more advanced responsibilities to spur the group into further growth. After finishing the 23/24 financial year with such impressive results, the group are focusing on expanding their portfolio even more and providing essential, independent financial support to struggling SMEs (Small and Medium sized Enterprise) in the UK.
Speaking of the changes, Chief Executive Officer, Ed Rimmer commented: "I am delighted to oversee these changes in our senior management team. Steve, Sharon, and Lorraine have amassed a great deal of industry experience, and it is so important to have dynamic, talented and reliable leaders to work alongside. I look forward to working together more closely with the senior management team to make the 24/25 financial year our most successful yet.”
Time Finance specialise in the provision or arrangement of funding solutions to over 10,000 UK businesses seeking to access the finance they need to realise their growth plans. As well as Invoice Finance, UK Businesses can take advantage of Time Finance’s extensive portfolio comprising: Asset Finance, Business Loans and Asset Based Lending.
