Commercial News

Time Finance appoints head of credit

Time Finance has appointed Paul Seddon to the newly created role of head of credit.

Rozi Jones
25th July 2022
Paul Seddon Time Finance
"Contributing to the growth of UK businesses is essential for the health of our economy and enabling adequate access to finance is key."

Paul will help to strengthen and shape the firm’s asset finance proposition, bringing over 40 years’ experience to the role. Paul 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, Paul 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 (ABL) proposition.

Paul commented: "The opportunity to join Time Finance was an exciting prospect and comes at a crucial time, whereby contributing to the growth of UK businesses is essential for the health of our economy and enabling adequate access to finance is key. I look forward to working with the wider business to ensure that credit decisions are made on fair and solid judgement, and that funds are administered swiftly so that our clients can move forward with their investment and growth plans.”

Lorraine Neyland, director of risk at Time Finance, added: "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.”

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