Time Finance has recruited Matt Heap as the new head of credit within its asset finance division.

Heap (pictured) joins the independent finance provider with over 20 years of experience in financial services.

His most recent roles include serving as a business manager at Barclays and as a senior underwriter at Haydock Finance, where he managing risk appetite for asset finance deals.

RESPONSIBILITIES

In his new role, Heap will work closely with the group risk director to improve the firm’s asset finance offering by making the credit and risk management processes better, while aligning the risk appetite to support a higher volume of deals without compromising the business’s security.

Heap said: “I’m thrilled to have joined Time Finance, a company with a strong reputation for evolving with the needs of businesses while staying committed to providing exceptional customer service.

“The impressive growth trajectory and vision over the past few years have been impressive. I’m excited to contribute to its continued success by supporting the development of our underwriters whilst also looking for opportunities to enhance our processes and customer experience.”

Time Finance recently welcomed Naomi Campion and Sion Street as business development managers within its invoice finance division.

Lorraine Neyland, group risk director at Time Finance, added: “We are delighted to welcome Matt to our asset finance team at Time Finance.

“With over 20 years of experience in financial services, he brings a wealth of knowledge that will be a tremendous asset to our team as we look to enhance and streamline our credit process as we move into the next phase of our growth strategy. We are excited to have him on board.”