UK asset finance provider to SMEs, Time Finance, has announced that Matt Sturney has been promoted to senior sales manager with responsibility for driving a new business strategy across its vendor network.

The move comes as the firm bolsters its support to UK businesses looking to increase their revenue by making it easy for their customers to finance vital business equipment.

Matt brings nearly a decade of asset finance experience to the role. Having spent 7 years at Focus Leasing, in an account management role, he joined Time Finance bringing with him an excellent reputation for building strong client relationships. Having spent over two years with Time Finance in a similar role he is now stepping up to lead the vendor finance sales team and help to grow their national sales presence.

Sturney said: “As UK businesses push up a gear to get back on track post-lockdown restrictions, they are keen to invest and upscale their operations. Business owners recognise now is a good time to invest in vital business equipment but want the peace of mind that they can afford the investment at what is an uncertain time for many.

“I’ve seen how asset finance can make a difference to our clients’ growth strategies without tying up much-needed cashflow and I am looking forward to leading the sales team as we share the benefits of vendor finance with many more UK businesses.

Financing the purchase of vital business equipment can be a challenge for many businesses and this impacts on those firms looking to increase their revenue through sales of the equipment. Vendor finance solutions empower UK businesses to make vital investments by offering them a range of flexible asset financing options.

Working closely with their vendor partners to tailor the finance packages available, Time Finance help UK businesses to invest affordably by spreading the cost of payments over time and to relieve cashflow pressures.”

Carol Roberts, head of asset finance at Time Finance, said: “Matt has a natural ability to forge strong relationships with vendors and their customers and has a fantastic track record of delivering solutions that inspire innovation and growth.

Asset Finance continues to be a valuable and staple finance solution for business who rely on equipment to make business happen and we have ambitious growth objectives to continue enabling UK businesses to gain easy access to it.”