Time Finance plc
AIM-listed independent SME lender offering invoice finance, hard asset finance, and secured business loans to UK businesses, focused on the sub-£3.5m ticket.
What they do
Time Finance provides multi-product commercial finance to UK SMEs across three core lines: invoice finance (factoring and confidential discounting, up to 90% of debtor book, facilities up to £3.5m); hard asset finance (hire purchase and finance lease on plant, machinery, commercial vehicles, and agricultural equipment); and secured business loans (£50k–£500k, typically property-secured). The group operates on its own balance sheet, funded in part by a £65m NatWest invoice finance facility and a £64m British Business Bank asset finance facility. As at 31 May 2026 the gross lending book stood at £250m — the twentieth consecutive quarter of growth — with hard asset finance at £129m and invoice finance at £78m (both growing roughly 20–22% year-on-year). The firm works both direct and through the intermediary/broker channel, and is a member of NACFB, FLA, and UK Finance.
Where they fit in a lower-mid-market raise
Time Finance is well-suited to lower-mid-market businesses that need an ABL or invoice finance facility in the £250k–£3.5m range and value a lender that can combine products — for example, an asset finance line alongside an invoice discounting facility — under a single relationship. They are a credible first call for asset-heavy businesses in manufacturing, transport, construction, or agriculture where the underlying collateral is hard equipment. For recruitment, security, or wholesale businesses needing a debtor-book facility with a minimum £500k annual turnover, their confidential invoice discounting product is a practical option. The intermediary channel is well-established, making them accessible via most commercial finance brokers.
Where they are not the fit
Time Finance is not a fit for facilities above £3.5m on the invoice finance side, or where a borrower needs a leveraged or acquisition loan structure rather than asset or receivables security. Their secured business loan ceiling of £500k means they are not the counterparty for the upper end of Solon's 3–15m mandate unless the structure is multi-product and ABL-led. They do not provide mezzanine, unitranche, or unsecured term loan structures. Businesses without tangible assets or a B2B invoice book are unlikely to qualify.
On the record
Time Finance plc is registered in England and Wales, company number 05845866, registered address St James House, The Square, Lower Bristol Road, Bath, BA2 3BH. Formerly 1PM plc, renamed December 2020.
Admitted to AIM in August 2006; ticker TIME on the London Stock Exchange.
Gross lending book reached a record £250m as at 31 May 2026 — the twentieth consecutive quarter of growth — up from £217m at the same point in 2025.
Invoice Finance lending book stood at £78m (20% YoY growth) and hard asset finance at £129m (22% YoY growth) as at 28 February 2026.
Maximum individual Invoice Finance facility size is £3.5m per deal; Invoice Finance advance rate up to 90% of outstanding invoice value.
Secured business loans offered in the range £50,000–£500,000, typically property-secured.
£65m back-to-back invoice finance facility agreed with NatWest (October 2024); £64m asset finance facility with the British Business Bank.
Member of NACFB, FLA (Finance and Leasing Association), and UK Finance. Regulated for consumer credit activities under FCA oversight; specific FRN should be verified directly on the FCA Financial Services Register.
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.