Time Finance boosts £300m lending ambition with Asset Finance appointment
Specialist independent SME lender, Time Finance, has appointed Vajinder Bal as broker manager within its Asset Finance division, further supporting its ambition to grow its UK-wide lending book to £300m by 2028.
Vajinder joins the lender in the North West and will be responsible for developing and managing relationships across the intermediary market, working closely with brokers to tailor funding solutions that meet the evolving needs of UK SMEs.
With almost 20 years’ experience in financial services, Vajinder began his career at Lombard as a relationship and broker manager before moving on to Paragon and, more recently, Carrick.
His appointment forms part of Time Finance’s continued investment in its people and broker-facing capabilities, strengthening intermediary support across its expanding lending portfolio.
Commenting on his appointment, Vajinder commented: “Time Finance has a strong reputation for flexibility and common-sense lending, and I’m excited to be joining the business at such a pivotal stage of its growth. I’m looking forward to working with my new colleagues and with brokers to deliver the right funding solutions that help businesses thrive.”
Laura Mollett, head of broker sales at Time Finance, added: “Vajinder’s appointment marks another important step in our growth strategy, and his experience and strong relationships within the intermediary market will be instrumental as we continue to scale our broker proposition. By investing in experienced people and expanding our broker-facing team, we’re ensuring we remain well positioned to support our growing network of introducers and meet increasing demand from SMEs across the UK.”