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Time Finance plc, the AIM listed independent specialist finance provider, is pleased to announce that it has been approved as an accredited lending partner under the UK Government s Recovery Loan Scheme ( RLS ) which is administered by British Business Bank. RLS is the successor scheme to the Coronavirus Business Interruption Scheme ( CBILS ) of which the Group was also an accredited lender.
RLS Accreditation The British Business Bank has approved Time Broker Finance Ltd, a wholly-owned subsidiary of the Company, for accreditation as a participating lender under RLS.
Since the beginning of the COVID-19 crisis, Time Finance has resolved to remain open for new business to support credit-worthy, robust SMEs as well as helping its existing 20,000+ customers. The RLS accreditation provides an additional channel for Time Finance to deliver support to SMEs, add ....