Time Finance, the Bath-headquartered alternative lender, has made two more key appointments, with a new relationship manager and asset manager joining its team.
Ian Shaw arrives as relationship manager with a wealth of experience in the banking and finance industry while asset manager Matthew Ridgley joins with 17 years’ experience in the industry.
Ian, pictured right, previously worked with Clydesdale Bank, Virgin Money and Barclays Bank as a relationship manager, where his main responsibilities included portfolio risk management, account management and financial analysis.
In his new position at Time Finance, Ian will be responsible for managing and maintaining relationships with a broad portfolio of clients, overseeing their invoice finance facilities and identifying opportunities to support their growth plans with enhanced facilities.
He said Time Finance’s team had an excellent reputation in the industry for achieving high client retention figures and delivering great customer services levels.
“I’m particularly looking forward to working with such a diverse client portfolio,” he said.
“It presents an exciting opportunity for me to contribute the expertise I’ve built up throughout my career, but also support the delivery of unique financial solutions to a broader range of businesses of various sizes, backgrounds and with different funding needs.
“Having worked in larger financial organisations, joining Time Finance will offer a refreshing change of pace and approach. I’m looking forward to having a more hands on approach to relationship management and building strong relationships with our clients.”
Matthew, pictured above, started his career in asset management roles at Bank of Scotland and Siemens Financial Services before moving into a sub hire auditor role at Lombard Asset Finance.
In his most recent position at Aldermore Bank, he was responsible for undertaking the valuation of business assets and managing end of contract disposals.
At Time Finance, Matthew will be responsible for supporting the new business origination process as well as assisting collections with asset valuations against transactions, asset disposals and ongoing risk management.
He said: “As an exciting, up-and-coming funder with an agile approach to business, I’ll be able to use my previous experience and expertise to help make a difference to the SMEs.
“With a multi-product offering in place, asset valuations are a crucial process in helping businesses to unlock their full potential with the assets already within their business.”
Time Finance supports 10,000 firms with a diverse range of financial packages including asset, loan and invoice and vehicle finance.