Time Finance boosts £300m lending ambition with key hire

Time Finance has strengthened its Asset Finance division with the appointment of Vajinder Bal as Broker Manager, as the business accelerates plans to grow its lending book to £300 million by 2028.

Based in the North West, Bal will focus on developing and managing intermediary relationships, working closely with brokers to structure funding solutions that support the evolving needs of SMEs nationwide.

Bringing almost two decades of financial services experience, Bal began his career with Lombard as a Relationship and Broker Manager, later holding roles at Paragon and, most recently, Carrick. His appointment reflects Time Finance’s continued investment in its people and broker-facing capabilities as it expands its UK-wide lending portfolio.

Speaking on his new role, Bal said: “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, welcomed the appointment, adding:

“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.”