Bath-headquartered specialist funder Time Finance has promoted Mike Freebury to head of sales within its invoice finance division in the South West and Wales.
The move marks a key milestone in Time Finance’s growth journey as the business, which provides asset, loan and invoice finance products to more than 10,000 small and medium-sized enterprises (SMEs), eyes further expansion across the UK.
Mike, pictured, has been with Time Finance for three years, during which he has played a pivotal role in providing SMEs with tailored invoice finance packages while also strengthening its relationships with intermediaries.
He has 30 years’ experience in the financial services industry, having previously worked for Bibby Financial Services in Bristol, where he was head of saes for more than 11 years, and a number of other businesses in the sector, including Close Brothers.
Time Finance, which at the end of June was providing funding worth more than £200m to UK businesses to support their growth, said Mike brought a wealth of knowledge and expertise to the position.
Mike said: “I’m delighted to step into the role, leading our talented invoice finance team in this region.
“I look forward to expanding our network of intermediaries to build strong partnerships that enable us to help even more businesses access the funding they need to thrive.”
Time Finance invoice finance managing director Phil Chesham added: “We are pleased to offer this well-deserved promotion to Mike.
“Over the past three years he has done an excellent job at supporting the growth of our invoice finance division.
“I have no doubt that his extensive experience and skills will be invaluable to us as we look to develop Time Finance’s presence across the South West and Wales.”
