At a glance: Time Finance is a specialist lender for businesses that fall outside mainstream appetite - including start-up groundwork companies, businesses with adverse credit, and those needing low or zero deposits on site dumpers. Rates from 6%, minimum £5,000, with a clear focus on making finance accessible for smaller contractors.
Time Finance Site Dumper Finance Rates - October 2026
Time Finance (formerly Wesleyan Asset Finance in this segment) offers hire purchase on site dumpers with a particular specialism in difficult-to-place cases. They are commonly used for groundworkers starting out or businesses with credit challenges that rule out Close Brothers, Novuna, or Aldermore.
| Profile | Finance Type | Indicative Rate | Min Advance | Max Advance | Term |
|---|---|---|---|---|---|
| New business (0–12 months) | Hire Purchase | 10.0–18.0% | £5,000 | £100k | 24–48 months |
| Adverse credit - CCJs/defaults | Hire Purchase | 10.0–16.0% | £5,000 | £150k | 24–48 months |
| Sole trader - standard | Hire Purchase | 7.5–13.0% | £5,000 | £200k | 24–48 months |
| Ltd company 1–2 yrs trading | Hire Purchase | 7.0–12.0% | £5,000 | £200k | 24–48 months |
| Ltd company 2+ yrs, clean credit | Hire Purchase | 6.0–9.0% | £5,000 | £500k | 24–60 months |
Time Finance rates reflect their specialism in higher-risk cases. For businesses with clean credit and 3+ years trading, Close Brothers or Novuna will typically offer better rates.
Time Finance - Strengths and Limitations for Dumper Finance
Strengths
- Start-up businesses (even 0–6 months trading) considered
- Low or zero deposit options available in some cases
- Adverse credit and multiple CCJs considered
- Sole traders accepted with personal guarantee
- Quick decisions on straightforward applications
- Low £5,000 minimum advance
Limitations
- Rates significantly higher than prime lenders
- Maximum £500k - not for large fleet facilities
- Not suitable for established businesses with clean credit (better options exist)
- Product is HP only - no finance lease or operating lease
Is Time Finance Right for Your Dumper Finance?
Time Finance is not the cheapest option, but they are sometimes the only realistic option. If you're a groundworker setting up on your own, a business with past credit issues, or a sole trader who's been declined by every mainstream lender, Time Finance can be the route to getting the machine you need. The rate will be higher - but owning the dumper and building a trading track record is more valuable than waiting for mainstream appetite to open up. If you're in this position, talk to us before going directly - we know when Time Finance is likely to say yes and can structure the application accordingly.