Time Finance Share Discussion Threads

[lennonsalive] 01/6/2023 09:42

Some profit taking here

[smithie6] 24/5/2023 12:18

first asset based lending facility.

is this 'news' not just a repeat of previous 'news' !!

[someuwin] 24/5/2023 10:25

Time Finance @time_finance

We are very excited to announce that Time Finance has been confirmed as a finalist in three categories for the Asset Finance Connect Summer Awards.

🏆Asset Finance Provider of the Year
🏆Outstanding Achievement Award
🏆Abbie Mosley for Rising Star of the Year

We would like to congratulate all other finalists in what is set out to be a fantastic evening that recognizes the achievements and contributions of outstanding professionals in the Asset Finance industry.

[someuwin] 24/5/2023 09:27

24 May 2023

RNS REACH

Time Finance plc

("Time Finance", the "Group" or the "Company")

Delivery of First Asset Based Lending Facility

Time Finance plc (AIM: TIME), the independent specialist finance provider, is pleased to announce that it has delivered its first Asset Based Lending (ABL) facility to aid the expansion of a growing steel structural engineering firm based in the Southeast of England.

The GBP1.1m facility has been tailored to release critical working capital, providing headroom for the client company to take on a number of important new contracts and comprises GBP650,000 in Invoice Financing and a GBP450,000 Property Loan component.

The Group's ABL product, which has been developed within the Invoice Finance Division over the past 12 months, can now provide SMEs with the opportunity to drive growth plans and support day-to-day business expenses, including supplier and HMRC payments, stock and materials purchasing and employee wages. By leveraging existing assets, including invoices, stock, and property, businesses can overcome cash flow challenges and access essential working capital.

Ed Rimmer, CEO of Time Finance, commented,

"Delivering our first ABL facility underlines how Time Finance works closely with clients and introducers to develop comprehensive and innovative funding solutions to businesses of all sizes across the UK. Our stated aims to become a nationally recognised SME funder, to double our Gross Lending Book and to generate organic profits beyond pre-covid levels whilst significantly strengthening the balance sheet by 2025, remain on track."

[nakedmolerat] 11/5/2023 10:43

On toplists and 30p will bring this to others traders attention now.

[gswredland] 11/5/2023 10:41

Well said Doobz!
In fact Blackhorse helped make me a lot of money in one day. He was pumping CUR. On the day of results they tanked and I was shorting.He brought them to my notice and I was looking at retail stocks.

[smithie6] 11/5/2023 10:23

price is up again if the Advfn chart is right.

ah, due to the listed price to buy moving up intraday to 31p
buy trades happening at 30.4p

very strong today.

[doobz] 11/5/2023 09:28

Yeh get lost blackhorse, when people like you are so obviously pumping your own holdings, it's really sad and any serious investor sees through it immediately. Even if lots of Time investors sold today and bought gatc it likely wouldn't make Gatc move for you. Your efforts are pointless, selfish and naive

[davr0s] 11/5/2023 09:11

It was referred to on a trading site last night...

[blackhorse23] 11/5/2023 08:59

Time to get out & reinvest in GATC

[doobz] 11/5/2023 08:35

I think this is the catalyst in case anyone missed it

[gswredland] 11/5/2023 08:29

Wow a lot sooner Doobz!

[doobz] 11/5/2023 08:23

Oh...GS there ya go mate 30p offer now. Bit sooner than year end you were hoping for :)

[doobz] 11/5/2023 08:21

Lovely stuff well done holder's, 30p imminent. Don't expect it to slow there either

[lennonsalive] 11/5/2023 08:08

Cor... look at those trades fly inWheeee

[gswredland] 11/5/2023 08:06

It certainly looks good.Also bought in early 20's .
Let's see.....

[doobz] 10/5/2023 19:51

I personally think these can multi from my original entries in the early 20s it's got everything going for it

[gswredland] 10/5/2023 19:14

Hope so Doobz

[doobz] 10/5/2023 16:31

Will be there in few weeks I reckon, definitely too Conservative

[gswredland] 10/5/2023 15:36

Looking good for the share price to be 30p by year end.
Perhaps I am being too conservative..

[someuwin] 10/5/2023 11:31

Time Finance @time_finance

🚀 This month marks another lending milestone for Time Finance, as we deliver our first Asset Based Lending facility.

🌱 The £1.1million ABL facility which combines a £650,000 Invoice Finance facility and £450,000 Property Loan will provide essential working capital to help a growing engineering firm to take on new contracts and increase its turnover to £10 million in 2023.

🗣 Our Managing Director of Invoice Finance, Phil Chesham, said: “Completing our first Asset Based Lending facility is a great achievement for Time Finance and one that further underlines the appetite we have to provide comprehensive funding solutions to businesses of all sizes through combined facilities."

[davidosh] 03/5/2023 17:47

Time Finance will be coming to the Mello 2023 show at the Clayton conference centre on 23rd and 24th May so do come and meet the management team. Www.melloevents.com

[gswredland] 03/5/2023 16:07

Yes happening with all really positive updates on low PE's.
Good opportunity for us all later