Time Finance agrees £55m takeover by Ultimate Finance owner

Ed Rimmer, chief executive of Time Finance

Time Finance has agreed to a recommended £55m cash takeover by Bentley Park (UK), the parent company of Ultimate Finance.

The deal would bring together two of the UK's specialist SME lenders, creating a combined net loan book of nearly £650m.

Bentley Park has secured irrevocable undertakings from... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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