REG - Time Finance PLC - Extended Funding Facilities

Time FinanceAnnouncement

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RNS Number : 4769T  Time Finance PLC  01 August 2025

01 August 2025

 

Time Finance plc

("Time Finance", the "Group" or the "Company")

 

Extended Funding Facilities

 

Improved facilities now exceed £250m, providing fuel for future growth

 

Time Finance plc, the AIM listed independent specialist finance provider, is
pleased to announce that it has increased its total funding facilities to an
aggregate of more than £250m. The renewed and enhanced facilities now in
place, arranged across a diversified panel of eight long-standing and
supportive funding partners, provide the Group with funding headroom of over
£95m. This positions the Company to further support UK businesses throughout
the country as it continues to implement its three-year growth strategy
through to May 2028.

 

James Roberts, Chief Financial Officer, commented:

"I am delighted that the Group has put in place substantial funding facilities
as we embark on our new three-year growth plan. The previous plan, from June
2021 to May 2025, saw Invoice Finance lending increase by 170% and Hard Asset
lending by 249%. Strong demand for both product sets has continued to be
experienced in the first months of the new financial year which began on 1
June 2025.

 

"As such, the significant headroom provided by these larger and more flexible
facilities across all lending divisions position the Group well as it looks to
further support UK business requiring funding for business-critical equipment
through Asset Finance or working capital solutions through Invoice Finance."

 

Full Year Results and Investor Presentation

As previously announced on 26 June 2025, the Group will publish its audited
Annual Report and Financial Statements for the financial year to 31 May 2025
on 24 September 2025 and, simultaneously, a Trading Update in relation to Q1
FY 2025/26. At 1.00 pm on 24 September 2025, Chief Executive Officer, Ed
Rimmer, and Chief Financial Officer, James Roberts, will deliver a live
presentation relating to the FY 2024/25 annual results and the accompanying Q1
trading update. The presentation will be accessible via the Group's investor
website, with the presentation open to all existing and potential shareholders
who can sign up and submit questions via:
https://investors.timefinance.com/webinars/oPB5mr-fy-results-2024-2025-webinar.

 

For more information and the chance to have your questions directly answered
by the management team, please head to our interactive investor hub via:
https://investors.timefinance.com/s/71ba43
(https://investors.timefinance.com/s/71ba43) . Here you will find all company
news and additional content to further explain Time Finance's strategy and
developments.

 

Ends

 

 For further information, please contact:

 Time Finance plc
 Ed Rimmer, Chief Executive Officer             01225 474230
 James Roberts, Chief Financial Officer

 Cavendish Capital Markets (NOMAD and Broker)   0207 220 0500
 Ben Jeynes / Teddy Whiley (Corporate Finance)

 Michael Johnson / Matt Lewis (Sales and ECM)

 Walbrook PR                                    0207 933 8780
 Nick Rome / Joe Walker                         Timefinance@walbrookpr.com

 

 

Subscribe to our news alert service:
https://investors.timefinance.com/auth/signup
(https://investors.timefinance.com/auth/signup)

 

About Time Finance:

Time Finance's purpose is to help UK businesses thrive and survive through the
provision of flexible funding facilities. It offers a multi-product range for
SMEs primarily concentrating on Asset Finance and Invoice Finance. While
focussed on being an 'own-book' lender, the Group does retain the ability to
broke-on deals where appropriate, enabling it to optimize business levels
through market and economic cycles.

 

More information is available on the Company website, www.timefinance.com
(http://www.timefinance.com) , and the interactive investor hub,
https://investors.timefinance.com (https://investors.timefinance.com) .

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