Time Finance Expands Team with Strategic Hire




Time Finance has announced the appointment of Paul Rice as Business Development Manager within its Invoice Finance division. This strategic move highlights the company's dedication to bolstering support for small and medium-sized enterprises (SMEs) in London and the South East. With over 25 years of experience in financial services, Rice is tasked with expanding the lender’s network of introducers in the region. His expertise in Invoice Finance and Asset Based Lending will enhance Time Finance’s offerings.
Rice joins a growing team that includes recent hires such as Terry Wolfendale as Head of Sales and Danielle Lynch as Relationship Manager. Together, they aim to strengthen the company’s presence while supporting more than 11,000 UK businesses.
A New Leader for Growth
In his new role, Paul Rice brings extensive knowledge and energy to Time Finance. Responsible for cultivating relationships with key stakeholders, he aims to grow the company’s regional network. With a proven track record in financial services, Rice is well-equipped to drive expansion efforts and introduce innovative funding solutions to SMEs across London and the South East.
Rice’s career spans over two decades, during which he has held senior positions at notable institutions like Aldermore, Bibby Financial Services, and RBS Invoice Finance. His deep understanding of Invoice Finance and Asset Based Lending makes him an invaluable asset to Time Finance. In his own words, Rice expresses enthusiasm about helping business owners achieve their goals through the company’s robust product suite and strong credit appetite. By introducing more businesses to tailored funding options, Rice plans to empower them to thrive and expand.
Strengthening the Team for Success
The addition of Paul Rice aligns with Time Finance’s broader growth strategy. Recent hires include Terry Wolfendale as Head of Sales and Danielle Lynch as Relationship Manager, both integral members of the Invoice Finance team. These appointments underscore the company’s commitment to enhancing its service capabilities and broadening its reach.
Terry Wolfendale welcomes Rice warmly, emphasizing his prior collaboration with him. Wolfendale highlights Rice’s industry expertise and genuine passion for fostering business growth as critical factors that will elevate the company’s profile in the South East. As Time Finance continues to invest in talent and resources, it solidifies its position as a leading independent lender committed to supporting UK businesses. The synergy among these experienced professionals promises to deliver impactful results, ensuring sustainable growth for both Time Finance and its clients.