Priya Patel
TLDR:
Time Finance CEO Ed Rimmer explains that the company’s progress and success can be attributed to the challenging environment faced by SMEs, which has driven the demand for third-party financing. The company’s focus on own book lending, specifically asset finance and invoice finance, has also been a key factor in its success. Time Finance’s ability to offer a range of lending products, its service-oriented approach, and quick decision-making processes are what sets it apart from its competitors. Rimmer expects the financial year to continue with similar challenges and opportunities for the company, with continued insolvencies in the SME market. The company is focused on maintaining the quality of its lending portfolio while exploring new opportunities in related products.
