Monday, June 24, 2024

QV Systems and Time Finance Expand Partnership to Provide Finance to High Growth Businesses

QV Systems, the SaaS asset finance software provider, has extended its partnership with Time Finance to unify and modernise credit origination to support high growth businesses.

Through the partnership, QV Systems has provided the front and middle-office software to run key operations for Time Finance, helping them to deliver lending and finance solutions to customers.

The partnership supports Time Finance’s cloud adoption to lead remote-operations, fuelled by QV Systems’ cloud-native Accelerate platform.

Time Finance, an AIM-listed B2B lender, provides flexible funding for Asset Finance, Invoice Finance, Business Loans, Vehicle Finance and Asset Based Lending.

Ed Rimmer, Time Finance CEO said “We are pleased  to extend our relationship with QV Systems. As with any long-term relationship, there have been challenges over the years, but we know that when the chips are down we can count on QV Systems to demonstrate agility, flexibility and passion from their side. I am looking forward to seeing what we can achieve together in the coming years.”

Daniel Layne, QV Systems CEO added “Time Finance is one of our strategic customers, and we are delighted to be able to announce this deal. Since 2018, Time has quoted almost £2Bn worth of business through Accelerate! All of us at QV Systems have greatly enjoyed the partnership and are excited to see what further innovations we can deliver together.”

QV Systems was born from a belief in a better way of financing, providing SaaS financing systems that deliver improved experience for business and their customers alike. The company was founded by Daniel Layne, who regularly participates in Government trade missions to promote the UK Fintech industry in countries such as Australia.

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