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11 Jul 2023 / Invoice

Time Finance appoint Justin Nel as Business Development Manager in its Invoice Finance team

Time Finance is pleased to announce the appointment of Justin Nel as Business Development Manager in its Invoice Finance team.

Justin joins Time Finance with a diverse range of experience. Having started his career in private banking at Investec Specialist Bank (South Africa), he gained valuable experience over a 10-year period catering to the funding needs of high-net-worth clients and their associated businesses. Over time his role expanded to lending specialisms across real estate, growth and acquisition, trade and asset finance. After relocating to the UK in 2017, Justin enjoyed roles at both Bibby Financial Services and Aldermore Bank which centred around invoice finance and the structuring of asset-based lending facilities.

In his new role at Time Finance, Justin will be responsible for building and maintaining strong introducer relations across the Thames Valley region by providing his clients with access to a diverse range of financial solutions.

Speaking of his appointment, Justin said: “My varied background in financial services and the alternative lending industry has enabled me to work within numerous sectors and with businesses of all sizes. I look forward to bringing this expertise to Time Finance and helping to support their SMEs with the flexible and personable approach they need.

“The company has a clear drive and is undergoing a strong growth phase. With my background in Asset Based Lending, I’m particularly keen to help businesses access this new offering at Time Finance.”

Justin’s recruitment is the latest in a string of appointments at Time Finance in recent months. With plans to double its Invoice Finances sales team in 2023 and expand its presence across the UK, the business recently welcomed Leann Warburton and David Hewitt as Business Development Managers, both covering the Midlands area.

Adrian Payne, Head of Sales (South) at Time Finance, added: “We are thrilled to welcome Justin to the Time Finance team. Justin’s diverse experience and proven track record in delivering innovative financial solutions align with our commitment to providing exceptional service to our clients. I look forward to the contributions he will make in driving our continued growth and success.

“As a national sales team, we’re dedicated to providing businesses with valuable and essential financial solutions. Our mission is to empower SMEs by giving them access to working capital, enabling them to adapt and thrive. With ambitious growth targets, our primary focus is to empower UK SMEs through access Invoice Finance solutions. Justin’s appointment plays a key role in our ongoing expansion efforts, as we strive to deliver flexible funding solutions to SMEs across the UK.”

Invoice Finance can relieve the pressure on cashflow and give businesses the freedom to grow. By releasing up to 90% of the value of unpaid invoices, businesses can access additional working capital and use the funds to support day-to-day cashflow requirements or fuel investment plans. As well as Invoice Finance solutions, Time Finance provides Asset Finance, Business Loan, Vehicle Finance and Asset Based Lending solutions, and supports more than 10,000 business owners across the UK.

In May this year, the alternative finance provider reached a lending milestone with the delivery of its first Asset Based Lending facility. The £1.1million facility comprised a £650,000 Invoice Finance facility and £450,000 Property Loan. The deal was packaged as a result of rising demand for multi-product funding solutions and Time Finance’s commitment to provide flexible and innovative solutions to businesses across the UK.