Time Finance appoints new Head of Structured Credit to asset finance division

Time Finance has appointed Geoff Worrall as Head of Structured Credit within its Asset Finance Division.

The appointment supports the independent lender’s strategy to expand its lending book to £300 million and follows a series of senior hires aimed at strengthening its presence across key UK regions.

Worrall brings nearly four decades of experience in financial services, having held senior roles with major institutions including RBS, Barclays, KPMG, Santander and Co-op. He joins Time Finance after five years at Haydock, where he spent four years leading its Structured Credit Team.

Speaking about his new role, Worrall said: “The ambition Time Finance has to further build its presence in the Asset Finance industry, particularly within Structured Credit, is truly exciting. I’m thrilled to be heading up this important development for the business and I’m looking forward to further establishing our position in the structured finance space.”

Steve Nichols, Managing Director of Asset Finance at Time Finance, welcomed the appointment, describing Worrall as “a fantastic addition” to the team.

“His appointment is a key part of our growth strategy and reflects our ambition to strengthen our presence in the market, particularly in structured credit,” Nichols said. “His experience and insight will be invaluable as we continue to build our expertise and expand our capacity.

“Bringing in talent like Geoff reinforces our commitment to supporting businesses, especially at a time when many are working hard to balance growth ambitions with cashflow pressures. I’m delighted to welcome Geoff on board as we build on our momentum and further enhance the support we provide to SMEs across the UK.”