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Evolution for 1pm as it rebrands to Time Finance

Change to Time Finance supports the strategic objective of becoming a recognised force within the alternative finance market. It unifies a whole group of companies – Onepm Finance, Academy Leasing; Bradgate Business Finance; Intelligent Loans; Positive Cashflow Finance and Gener8 Finance – under one consistent brand and identity.  
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December 7, 2020

INDEPENDENT specialist finance provider  1pm has changed its name to Time Finance following years of sustained growth and acquisitions since its inception in 1999.

The change to Time Finance supports the strategic objective of becoming a recognised force within the alternative finance market. It unifies the whole group of companies – Onepm Finance, Academy Leasing; Bradgate Business Finance; Intelligent Loans; Positive Cashflow Finance and Gener8 Finance – under one consistent brand and identity.

Chief Executive Ian Smith  said that Time Finance is committed to ensuring that UK businesses and their owners can access a multi-product range of funding solutions from Asset Finance, Invoice Finance, Loans and Vehicle Finance to support their growth plans.

He added: “At a time when businesses are being tested to the limit with the Covid-19 crisis and Brexit imminent, the ability to maintain a healthy cashflow, safeguard jobs, and continue with projected growth plans, is being felt more acutely than ever. Having pursued a successful acquisition strategy, Time Finance has seen a period of sustained growth resulting in £150m of funding being provided or arranged annually for more than 20,000 businesses across the UK. Rebranding the business to consolidate and strengthen our offering is the next step for us.”

The new brand pays homage to the Company’s origins as 1pm (derived from ‘one payment monthly’) and takes its inspiration from the notion that both time and finance are two of the most valuable assets to a successful business. Time Finance will continue to operate from five locations across the UK – Bath, Cardiff, Abingdon, Manchester and Warrington. The Group’s vehicle finance brokerage in Birkenhead providing used vehicle finance to consumers will continue to trade as Car Finance 2U.

 

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Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

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