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06 Dec 2023

Tracy Watkinson appointed to Time Finance Board as Non-Executive Director

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Time Finance is pleased to welcome Tracy Watkinson as Non-Executive Director. Tracy, who has held a number of board-level positions, has been appointed to the Time Finance board to support the delivery of its long-term growth strategy.

With over 20 years’ experience in the finance sector, Tracy has built a credible career in banking delivering change transformation and working in number of senior roles for major financial institutions such as Barclays, UBS and Credit Suisse. Tracy is currently COO of Finance at NatWest Group.

Speaking of her appointment, Tracy comments: “I am delighted to be joining the Time Finance board; the business is clearly on an exciting journey and I look forward to adding value from my own experience to help the team in delivering its next trajectory of growth.”

The AIM-listed alternative finance provider specialises in the provision of funding solutions to over 11,000 UK businesses seeking to access the finance they need to realise their growth plans. UK Businesses can take advantage of Time Finance’s extensive portfolio comprising Asset Finance, Invoice Finance, Business Loans and Asset Based Lending.

As well as Tracy’s appointment, Time Finance recently welcomed Paul Hird to its Board as Non-Executive Director.

Ed Rimmer, Chief Executive Officer at Time Finance, added: “Tracy is a great appointment for Time Finance. Her expertise within the corporate banking sector, as well as her change management experience and enthusiasm to deliver our strategic vision will prove invaluable. We look forward to working together.”

In its latest financial results for the year ending 31st May 2023, Time Finance celebrated reaching a lending milestone of £169million in funding delivered to UK SMEs, an 18% increase over the last 12 months.