Time Finance plc (GB:TIME) has released an update.
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Time Finance plc has announced the extension and expansion of its invoice finance funding facility with NatWest to £65 million, with the aim to bolster lending to UK businesses and support the company’s growth. The increased facility includes a £55 million commitment with an additional £10 million accordion feature, enabling Time Invoice Finance to cater to the rising demand from SME clients. This enhancement complements Time Finance’s existing over £225 million funding capabilities and aligns with its strategic growth plans.
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