Bath-based alternative finance provider Time Finance has appointed George Tierney as a relationship executive in its invoice finance team.
George, pictured, started his career as a credit controller in Bibby Financial services, where he managed a portfolio of 40 clients, ensuring prompt payment of debtor invoices and managing customer relations.
In his new role at Time Finance, he will assist the funding and growth requirements for a portfolio of mixed clients in the firm’s invoice finance division.
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 invoice finance, Time Finance’s portfolio also includes asset finance, vendor finance, business loans and asset-based lending.
George said: “It’s great to be joining Time Finance, which has an excellent reputation in the industry.
“I am excited to take on this next challenge in my career with a business that puts customer service and relationships at the heart of what it does.”
The announcement follows a number of recent appointments at Time Finance, including new regional sales managers for the South West and Midlands, Paul Rooney and Sam Evans, as it continues to invest in its people as well as its offering to businesses.
Time Finance relationship manager Tom Cook added: “Having gained experience as a credit controller, we are excited to see George transfer both his skills and knowledge to this new role and support our wider relationship management team.
“Combined with his commitment to delivering industry-leading levels of customer service, we believe George will be a great addition to our team.”
Time Finance’s invoice finance offering is based on relieving the pressure on cashflow and giving businesses the freedom to grow.
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 announced a 23% growth to £188.5m in its lending book in the year to November 30.
Pre-tax profits for the same period climbed by 35% to £2.7m on revenues up 19% at £15.7m.
