Bath-based alternative finance provider Time Finance has appointed Paul Rooney as South West regional sales manager in its vendor finance team.
Paul joins with more than 25 years’ experience in the financial services industry having held positions at Siemens Financial Services and Aldermore Bank, where he specialised in construction finance.
He will now support the growth of Time Finance’s asset finance offering in key industry sectors while expanding its presence across the South West.
Time Finance specialises in providing or arranging funding to more than 11,000 UK businesses seeking to access the finance they need to realise their growth plans.
As well as vendor finance, Time Finance’s portfolio also includes asset finance, invoice finance, business loans and asset-based lending.
Its vendor finance offering can help business owners access the equipment they need to take their business to the next level.
By working closely with suppliers to offer bespoke finance packages, business owners can spread the cost of investment into manageable, monthly payments.
Paul said: “Time Finance is an ambitious business with an exciting growth trajectory. I am looking forward to being a part of that journey and using my expertise to build on their existing offering and reputation within the market.”
The announcement follows a number of recent appointments at Time Finance, including Sam Evans and Mike Hood as regional sales managers for the Midlands and North East regions,
Time said the appointments further demonstrated its commitment to investing in its people as well as its asset finance proposition.
Time Finance head of vendor sales Matthew Graham described Paul as an invaluable addition to the team.
“As we bring in experts from across the industry and broaden our footprint throughout the UK, we recognise that Paul’s knowledge and experience will help us in driving our success in key sectors. We are excited to have him on board,” he said.