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Alternative finance provider Time Finance has appointed Laura Mollett to the position of head of broker sales in their Asset Finance team, where she is tasked with helping drive its asset finance proposition to the SME broker market. She will manage the lender’s national team of broker managers to deliver a market-leading service to both brokers and their SME clients.

Mollett began her career at Syscap in account and relationship management positions prior to its acquisition by Wesleyan in 2015, where she worked directly with SMEs to understand their funding requirements and package facilities to support their investment and growth plans.

She then moved into the role of affinity and PI broker manager where she managed some of their key strategic relationships and specialist brokers. In her most recent position as a broker relationship manager, she was instrumental in the launch of Wesleyan's broker proposition and a key driver in the success of the bank’s broker division.

Mollett said: “I’m excited to be joining Time Finance and to be supporting the team in driving their proposition forward. In what continues to be challenging economic conditions, stepping into this new role comes at a vital time and presents a great opportunity to inspire confidence and investment for growth in the UK SME market.

“Because of their diverse product offering, responsiveness to broker and client needs, and expert-led teams, Time Finance already has a strong reputation in the business finance sector. I'm looking forward to using my skills and experience to help the team continue delivering excellence.”

The announcement follows a number of recent appointments and promotions within Time Finance, including Steve Nichols to director of Asset Finance earlier this year and Kate Brown to head of marketing.

Steve Nichols at Time Finance commented: “Laura is an excellent addition to the business. She brings invaluable experience that will help develop our broker offering as we continue to strengthen our proposition in hard and soft asset by offering quick, sensible decisions and market leading service.”