Time Finance appoints Head of Credit

Time Finance has announced the appointment of Paul Seddon as Head of Credit.

In this newly created role, Seddon will help to strengthen and shape the firm’s asset finance proposition as they continue to increase their lending to UK SMEs looking to invest in business-critical equipment.

Seddon brings over 40 years’ experience to the role having built a credible career in risk management, with an increasing focus on managing commercial asset finance portfolios through underwriting and monitoring of agreements. Seddon joins Time Finance having held roles at Aldermore Bank, Alliance and Leicester Commercial Finance, Handelsbanken, and Royal Bank of Scotland (RBS).

In his new role of Head of Credit, Seddon will work closely with the Director of Risk to help develop and shape Time Finance’s credit risk framework, appetite, and policies as well as deliver their asset based lending proposition.

As Lorraine Neyland, Director of Risk at Time Finance said “Paul is a fantastic appointment for our team. With a proven track record behind him and a wealth of experience in the asset finance industry, he will be a great addition to the business. His role will be essential in helping us to strengthen our proposition to market and continue our growth strategy as we look to increase our support for businesses looking to invest, grow and thrive.”