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18 Sep 2023 / Asset Finance

Time Finance grow Vendor Finance team with new Regional Sales Manager

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Time Finance is pleased to announce continued growth in its Vendor Finance team with the appointment of Mike Hood as Regional Sales Manager for the North East.

Mike joins with over 10 year's experience having held positions at Fuzion Finance, DLL and Bidvest Bank where he specialised in supplying asset finance solutions for the agricultural, construction and transport sectors.

In his new position, Mike will support the growth of Time Finance’s vendor channel by partnering with suppliers and offering tailored funding packages to their customers at the point of sale.

Speaking on his appointment, Mike Hood, stated: “I am excited to be joining Time Finance's Vendor Finance team and using my experience to expand their reputation in the North of England. As a growing and energetic finance company, they are in an exciting phase and I look forward to using my experience to strengthen existing supplier relationships and support new customers.”

The announcement follows a number of recent appointments within Time Finance, including Morgan Lee and Ollie Cole as Broker Managers, further demonstrating the business’ commitment to investing in their people as well as their Asset Finance proposition.

Mathew Graham, Head of Vendor Sales at Time Finance, added: "Mike is a great addition to our team, particularly as we ramp up our plans to grow our offering further across the UK. Mike’s background will prove invaluable as we look to work with a broader mix of businesses and industries. We're excited to have him on board."

Time Finance’s Vendor Finance solutions can help business owners to access the equipment they need to take their business to the next level. Working closely with equipment suppliers to offer bespoke finance packages, business owners can spread the cost of investment into manageable, monthly payments. Accessing new equipment becomes affordable and in turn helps generate new lines of revenue.

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 Vendor Finance, UK Businesses can take advantage of Time Finance’s extensive portfolio comprising: Asset FinanceInvoice FinanceBusiness Loans, and Asset Based Lending.