Time Finance, the Bath-headquartered alternative funding provider, has taken on respected industry figure Helen Wheeler as head of operations in its invoice finance team.
Helen, pictured, brings more than 25 years’ experience to the role, having held been managing director at invoice discounters Bibby Financial Services, where she was also spent eight years as its Bristol-based operations director, and Milton Keynes-based Pulse Outsource.
At Time Finance, she has assumed responsibility for overseeing its invoice finance operations. The group, which also handles asset finance, commercial loans, property finance and vehicle finance, has offered invoice finance for more than 15 years.
During that time it has helped businesses from across the UK raise finance for their growth plans – from investment to expansion, mergers and acquisitions as well as resolving cashflow issues.
Helen said Time Finance invoice finance team had a strong reputation for being highly commercial, easy to deal with and delivering an all-round excellent service to both their introducers and clients alike.
“With an established and popular offering in place that inspires confidence and growth among UK SMEs I look forward to working with the team and helping them to make a real difference to our client’s success,” she added.
Time Finance, which offers confidential and disclosed facilities ranging from £10,000 to £2.5m, says invoice finance can relieve pressure on cashflow by releasing up to 90% of the value of unpaid invoices.
Business owners can access additional working capital and use the funds to support day-to-day cashflow requirements or support growth.
Time Finance head of invoice finance Phil Chesham said: “Helen is a fantastic appointment for our business.
“She is well-respected with a proven track record in our industry and will be a great addition to our team.
“She brings invaluable experience which will help guide the future development of our invoice finance offering as we continue to strengthen our proposition and further establish ourselves as the market-leading provider.”
