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21 Sep 2023 / Invoice Finance

Time Finance welcome Mike Cavanagh as Relationship Manager in Invoice Finance team

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Time Finance is delighted to announce the appointment of Mike Cavanagh as Relationship Manager in its Invoice Finance team.

Mike joins with 25 year's experience in the finance industry having spent his career managing large client portfolios across haulage, recruitment, and security at finance providers Novuna (formerly Hitachi) and Bibby Financial Services.

In his new position at Time Finance, Mike will be responsible for managing and maintaining relationships with a diverse client base, overseeing their Invoice Finance facilities and identifying opportunities to support their growth plans with enhanced facilities.

Speaking of his appointment, Mike said: “I am excited to be joining Time Finance. Their team have an excellent reputation for building strong and long-lasting relationships with clients and tailoring facilities to support their unique business needs. I look forward to using my experience to help deliver a market-leading level of service and achieving high levels of client retention.”

Mike’s recruitment is the latest in a string of appointments at Time Finance, including Justin Nel and David Hewitt as Business Development Managers, further demonstrating the business’ commitment to investing in its people as well as its Invoice Finance proposition.

Damien Healey, Head of Relationship Management at Time Finance, added: "We are thrilled to see Mike joining our team. His extensive background in Invoice Finance and relationship management will prove invaluable as we strive to deliver an exceptional level of customer service and support to our growing client base.”

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.

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 FinanceBusiness Loans and Asset Based Lending.