Forecourt Trader - 30 years at the heart of the fuel retailing community

TLM Technologies secures funds to drive expansion

John Wood ·

TLM Technologies, the forecourt and convenience store technology provider, has secured funding to boost its growth.

ArchOver, the peer-to-peer business lending service, is providing a multi-channel P2P business loan of £1.35m for TLM Technologies, which will use the finance to move away from its old financing model.

ArchOver’s P2P loan will enable TLM to support its growth, providing the opportunty to reach its goal of scaling to an international level in several new sectors.

“TLM is a fast-developing company with scope to expand overseas and cross over into targeted new sectors,” explained Lee Papper, TLM CEO. “However, our previous invoice finance facility was not able to meet our needs. We need a funding solution that can be as dynamic as we are so we have the flexibility and certainty to push our business to the next level.”

He added: “ArchOver’s service was recommended to us, and having experienced their professionalism and flexibility first hand, we are not looking back. ArchOver made access to funding as seamless and simple as possible by working closely with us to understand our business and its needs. The loan application process was smooth and straightforward, while the team moved quickly to put our loan in place, and gave us friendly, personal service, including multiple on-site visits.”

0845 1800 242

Want more stories like this in your inbox?

Sign up for our FREE email newsletter


  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 13 August 2018
RegionDieselLPGSuper ULUL
East Midlands132.2178.40140.26129.44
North East131.67142.51128.83
North West132.2355.20139.96128.87
Northern Ireland130.9869.90134.15128.85
South East133.0865.40140.87130.38
South West132.56139.07129.94
West Midlands131.77140.75129.12
Yorkshire & Humber131.4360.80142.86128.78

Most read

Are you concerned about the implications for your business of the Government's recently published 'Road to Zero' strategy?


See all events