Time Finance, the Bath-headquartered alternative finance provider, has expanded its national sales presence with the arrival of Jonathan Johnson as a business development manager in its invoice finance team.
The firm said the appointment reflected its ambitious growth plans to expand while helping more businesses access the funding they need to grow and prosper.
Jonathan, pictured, joins Time Finance with more than 11 years’ industry experience, having started his career in debt management at NatWest before moving into a client management and sales role at Hitachi.
He then went on to spend five-and-a-half years at Ultimate Finance, where he was a senior business development executive before becoming a regional director.
At Time Finance Jonathan will be responsible for building and maintaining strong intermediary relations while expanding their invoice finance offering in the West Midlands and Shropshire.
He said: “It’s a really exciting time to be joining the Time Finance team. They have an excellent reputation within the business finance sector thanks to their wide-ranging product portfolio, swift response times with introducers and clients’ needs, as well as their expert-led teams.
“I’m really looking forward to introducing Time Finance’s invoice finance solutions to my introducers and their clients as investment remains top of the agenda and businesses continue to look for affordable solutions to help facilitate growth.”
The announcement follows a number of recent appointments and promotions at Time Finance, including Samantha Leith to business development manager.
Time Finance head of sales (South) Adrian Payne said: “It’s a pleasure to welcome Jonathan to our growing team.
“It comes at an opportune time where demand for finance is high – with a national sales presence we can react to opportunities swiftly and ensure businesses get the funding solutions they need to grow and thrive.”
He said invoice finance could relieve pressure on cashflow and give businesses the freedom to grow by releasing up to 90% of the value of unpaid invoices.
Time Finance offers confidential and disclosed facilities ranging from £10,000 to £2.5m.
Time Finance also offers asset finance, loan and vehicle finance products. in June this year it became an accredited lender under the government’s Recovery Loan Scheme via the British Business Bank.
Since its launch in 1998 the firm has grown rapidly and has provided and arranged £150m of funding annually to UK businesses to support their growth.
As well as Bath it has offices in Cardiff, Abingdon, Manchester and Warrington.
