1pm rebrands as Time Finance

Independent specialist finance provider to UK businesses 1pm plc, has announced that it has changed its name to Time Finance plc and that all companies within the Aim listed 1pm Group will be renamed under the Time Finance brand.

The rebranding reflects the evolution of the business over a number of years, culminating in the recent completion of its buy and build acquisition strategy which has resulted in a portfolio of seven lending and broking businesses.  The change to Time Finance supports the strategic objective of becoming a recognised force within the alternative finance market. It unifies the whole group of companies – Onepm Finance, Academy Leasing; Bradgate Business Finance; Intelligent Loans; Positive Cashflow Finance and Gener8 Finance – under one consistent brand and identity.

Ian Smith, CEO of Time Finance said “As an ambitious and forward-thinking business, now is the right time to capitalise on our development as a Group. Having pursued a successful acquisition strategy, Time Finance has seen a period of sustained growth resulting in £150m of funding being provided or arranged annually for more than 20,000 businesses across the UK.  Rebranding the business to consolidate and strengthen our offering is the next step for us. Time Finance reflects who we are as a business today, as well as our ambition to become a recognised force for UK businesses seeking a fast and flexible choice of finance to support their growth.”

“At Time Finance we understand that running a business is challenging and funding can mean the difference between standing still or achieving growth. Businesses need to feel confident about their financing in a market where accessing finance isn’t as easy as it could be.  As a finance provider we are committed to solving their needs through our range of financial solutions by offering the right solution at the right price, whatever the size of business. This is positive news for our clients and our introducers as we work together to deliver a more comprehensive solution to the needs of UK business.”