Bosses at alternative finance provider Time Finance have raised profit expectations for a second time this year, after reporting “significant increases” in its lending book and revenues.
In a set of results for the nine months to the end of February the Aim-listed company announced growth of more than a quarter, with gross lending of £157.2m - up from £124.6m for the same period a year earlier.
The Bath-based company's own-book lending accounted for £52.9m - up more than a third on last year’s £39.5m.
