Time Finance appoints invoice finance BDM
Time Finance has appointed Neil Fullbrook as a business development manager in its invoice finance team, covering the South East of England.
"Moving into this role comes at an important time whereby many businesses face cashflow challenges as a result of rising costs and limited access to the finance they need to survive, and thrive."
Neil joins Time Finance with 24 years of experience in financial services, starting his career in sales support and business development roles at ABN AMRO Commercial Finance before moving onto Hilton Baird and Ultimate Finance. He also gained experience in trade finance at Seneca Trade Partners, before setting up his own commercial finance brokerage in 2020.
In his new role, Neil will be responsible for building and maintaining strong introducer relations across the South East, whilst generating awareness of the invoice finance solutions available to business owners and intermediaries.
By releasing up to 90% of the value of unpaid invoices, businesses can access additional working capital and use the funds to support day-to-day cashflow requirements or fuel investment plans. Time Finance offers confidential and disclosed invoice finance facilities ranging from £10,000 to £2.5million, with the added flexibility that its funding lines can grow alongside a business.
Adrian Payne, head of sales at Time Finance, said: “We’re really excited about bringing Neil into our team, his experience and knowledge of the industry will be a great asset to us as we continue to broaden our presence across the UK and grow the company further.
“As a national sales team, we’re committed to delivering valuable and staple finance solutions to businesses who are looking to release additional working capital for additional headroom and growth. We have ambitious growth objectives to continue enabling UK SMEs to gain easy access to invoice finance solutions, and considering the wider challenges that the current market is facing Neil’s appointment could not come at a better time to help us to achieve this."
Neil added: “I look forward to joining the team at Time Finance, who have an excellent reputation for the strong relationships they build with their introducers and clients alike. By taking the time necessary to source the right solution for every client they work with, they ensure a market-leading service and excellent client retention rate. It’s great to be joining such a valuable team.
“Moving into this role comes at an important time whereby many businesses face cashflow challenges as a result of rising costs and limited access to the finance they need to survive, and thrive. I look forward to expanding my network of trusted introducers and working together to identify opportunities to support businesses with critical working capital solutions.”
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