Bonkers Bargains: another positive update
This specialist finance provider has issued announced another encouraging trading update. With growing demand for its funding solutions and significant growth in its own lending portfolio, this Bonkers Bargain is growing fast, but still looks fantastic value to us, as you can discover in our updated note here. (Premium)
Time Finance (AIM:TIME formerly 1pm) is an independent alternative provider of finance to the high-street and challenger banks, serving predominantly SMEs with finance requirements ranging from £5,000 to £5,000,000. The Group primarily provides Invoice Finance and Asset Finance, Commercial Loans and an Asset Based Lending solution that combines these product offerings. Its route to market is a mixture of direct business origination as well as via finance brokers, who pass business to TIME in return for a commission. The Group operates a so-called hybrid model, either funding loans on its own balance sheet, or broking-on to other lenders. All its own balance…