Time Finance appoints Director of Asset Finance

Specialist asset-based lender, Time Finance has announced that they have appointed Steve Nichols as Director of Asset Finance.

Nichols assumes overall responsibility for the operation and performance of Asset Finance for the business and will become a member of the Operating Board.  Nicols succeeds Carol Roberts as part of a planned progression and the two will work alongside each other in the coming months to support Steve’s transition into the role.  

Nichols brings two decades of financial services experience to the role having built a credible career working in both relationship and business development roles with an increasing focus on the use of Asset Finance to support growth ambitions.  Working with businesses turning over up to £50m his focus has been to help them to source the funding solution that is right for them. Nichols joins Time Finance from Simply Asset Finance having held roles at Barclays, Santander, and Close Brothers.

Ed Rimmer, CEO of Time Finance said “Steve is a great addition to the Time Finance leadership team and will carry on the great work that Carol has delivered over the last 3 years. He brings valuable experience which will support SME’s as they look to make the most of the growth opportunities expected in 2022. His experience will prove invaluable in guiding the future development of our asset finance offering as we look to strengthen our propositions and support to the business market as we drive forward our growth strategy.”