Listing Type:   | International Debt |
Listing Status:   | Listed |
Listed:   | 10 Aug 2022 |
Available To:   | Qualified Investors |
Time Finance plc (formerly 1pm plc), incorporated under the laws of England & Wales with registered number 05845866, Time Finance is an independent AIM listed finance company lending to small UK businesses through a variety of Asset Finance, Invoice Finance, Loans and Vehicle Finance. The company’s route to market is a mixture of direct and via finance brokers who pass business to Time Finance in return for a commission.
The main country of operation is the United Kingdom.
The Company’s Programme consist of of secured loan notes to be issued by the Issuer up to a potential total principal amount of £25,000,000 to finance the Issuer’s working capital requirements constituted by a loan note instrument constituting £25,000,000 secured loan notes in respect of the establishment of the Programme dated 15 November 2019 and made by way of deed by (i) the Issuer (ii) Time Broker Finance Limited (formerly 1pm (UK) Limited) (iii) LGB & Co. Limited in its capacity as the Arranger and (iv) City Partnership Trustee Limited in its capacity as the Security Trustee as may be amended or supplemented from time to time.
Time Finance plc (formerly 1pm plc) GBP£785,000 Secured Loan Notes Issue #16 - 7.5% Loan Note Due 21 July 2025
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