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.”
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