Two key appointments have been made by Bath-based alternative funder Time Finance as it looks ahead to a period of growth.
Laura Dun has joined as HR manager while Paul Hird has become a non-executive director on its board.
Time Finance, which is listed on the London Stock Exchange’s AIM market, specialises in providing funding solutions to more than 11,000 growing businesses ranging from invoice finance and asset finance to business loans and asset-based lending.
In the year to 31 May it increased its funding by 18% to a record £169m and is forecasting further expansion.
Paul Hird, pictured, has more than 40 years’ experience in the finance sector and was most recently co-founded and led asset-based lender Leumi ABL as chief executive officer.
The firm provides more than £500m of facilities to UK SMEs.
Time finance said his broad experience and achievements in senior management, mergers and acquisitions, and strategic business planning made him a welcome addition to the team.
Paul said: “It’s a privilege to be joining the Time Finance board. The business is on an ambitious journey and I look forward to bringing new ideas and perspective to offer innovative ways to deliver growth.”
Laura Dun, pictured, has a proven track record in people advisory and HR management, having previously worked for KPMG and the HR Dept.
In her new position at Time Finance she will be responsible for attracting and retaining talent, introducing new people initiatives, fostering an inclusive workplace culture and empowering managers to help their teams thrive.
She said: “In my short time with the business, I can already see a strong desire to foster a culture that encourages employees to reach their full potential and thrive in their careers with us. It’s great to be a part of.
“I look forward to building upon the foundations of our exciting people strategy further and introducing new initiatives to improve our team’s people experience with us.”
Time Finance has also recently recruited Wayne Spratt as a business development manager and Karen Blanchard as a relationship executive to further invest in its people and national presence.
Time Finance chief executive officer Ed Rimmer said Paul’s expertise within the financial services industry, particularly the asset-based lending market, would prove invaluable as the firm set out to deliver its growth strategy over the next few years.
He added: “Laura is a fantastic addition to our team. Her passion for driving people strategies forward will be essential as we continue to invest in our colleagues and ensure that we create an inclusive workplace that inspires collaboration, creativity and innovation.
“With Laura on board, we look forward to the next phase of our people strategy.”
