Time Finance to launch new asset finance platform

Time Finance has announced plans to launch a new digital platform for asset finance brokers.

The company is currently developing a new digital platform that will streamline the application and approval process for asset finance, making it faster and more efficient for brokers and their clients.

Time Finance will also invest in new service offerings, including dedicated asset managers and training support for brokers.

The changes follow a recent roundtable discussion with industry experts, which brought together a group of asset finance brokers to discuss market challenges, opportunities, and future priorities.

The discussion focused on the importance of technology in the lending industry and how brokers can leverage it to improve their operations and provide better service to businesses seeking financial solutions. The participants also highlighted the need for more personalised and responsive service from finance providers.

Director of asset finance, Steve Nichols, said: "We are committed to listening to our brokers and providing them with the tools and support they need to succeed in today's competitive market. The insights we gained from the roundtable discussion have been invaluable in shaping our strategy for the future and we’re pleased to see the areas in which brokers see as priority already align with our existing investment plans. We are excited to be bringing in new technology and service offerings that will make it easier for brokers to do business with us, deliver a market-leading service to our clients and position Time Finance as a truly service-led funder."