Time Finance has appointed Adam Shakespear as business development executive in its Invoice Finance division. Time Finance, an AIM-listed business operating across the UK, specialises in the provision or arrangement of asset finance, loan and vehicle finance solutions.

Adam Shakespear joins the Time Finance team with two years industry experience. In his new role, he will be responsible for supporting the growth plans of businesses across the North West, ensuring they have the funding they need to bring their growth plans to life.

The announcement follows a number of recent appointments and promotions within Time Finance, including Ed Rimmer to permanent CEO and both Simon Holian and Rob Walters to Business Development Manager roles

Speaking of his appointment, Shakespear said: “It’s a great time to be joining Time Finance. There’s a definite momentum in the market, with investment high on the agenda and many business owners looking for cashflow funding solutions to help capitalise on those new business opportunities. Time Finance have been a stable funder throughout the pandemic and have demonstrated a strong commitment to helping business owners come out of the other side and build back stronger. I’m excited to be working alongside such a dynamic team and contributing to making a real difference for our clients.”

Andy Hume, head of sales (North) at Time Finance, said: “Adam is a great addition to our team, and we are delighted to have him on board as we continue to expand our presence across the UK.

“As a national sales team we are committed to delivering valuable and staple finance solutions to businesses who are looking to release additional working capital for innovation and growth. We have ambitious growth objectives to continue enabling UK SMEs to gain easy access to our Invoice Finance solutions and Adam’s appointment will help us in achieving this.”

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Invoice Finance  is an option that can relieve pressure on cashflow and give businesses the freedom to grow. By releasing up to 90% of the value of unpaid invoices, business owners can access additional capital and use the funds to support day-to-day cashflow requirements or support innovation and growth.