Capture more clients with flexible electrical and plumber financing

Grow your electrical and plumbing services with our consumer financing options

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Questions? (262) 208-5999

What We Can Do For You

Time Investment offers competitive financing options to help your customers pay for high-ticket plumbing projects. With our partnership, your customers can enjoy home repairs by instantly getting generous loan amounts at reasonable interest rates.

In simple words, we’ll help you provide the installation and repairs of plumbing systems by offering your customers convenient payment options. That way, if your customers can’t make an upfront payment for the plumbing work, they can easily pay via a monthly payment plan.

All in all, we can play a silent role in helping you expand your business by overseeing the entire loan application and collection processes, ensuring that you get paid in full.

Why Choose Time Investment

One thing that makes us stand out from the competition is the fact that we cherish our relationship with our customers and proceed with a can-do attitude.

We’re a family-owned and operated consumer financing company that drives with a customer-centric approach. When you become a part of the Time Investment family, you’re not treated as just another number, but rather an important asset.

In addition to the above, here are a few things that make us the go-to consumer financing company for hundreds of businesses:

1.  Flexible credit programs.

2.  Swift credit approvals and reasonable interest rates.

3.  Auto-pay options for your customers.

At the end of the day, we value the businesses of our clients like our own, and always go above and beyond to ensure their success.

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Frequently Asked Questions (FAQs)

Time Investment is a third-party finance company that collaborates with lenders/distributors to provide consumer financing options at suitable loan terms. We allow the end-customers of our clients to pay for expensive products and services through convenient monthly payment plans.

We offer consumer financing options for a wide range of service areas/niches, including home improvements (electrical appliances, plumbing, furniture, windows, roofing, etc.), water filtration, and more.

Another thing that makes Time Investment great is our amazing raving fan customer service. Our team will always be there to assist you through anything you need and provide exclusive advice, keeping your best interests in mind.

With the help of Time Investment Company, you can solve the electrical and plumbing problems of your prospects without acquiring an upfront payment from them. That way, they won’t have to break the bank to acquire the services of your electrical/plumbing company. And you will still receive the total amount upfront from us.

The best thing about Time Investment is, we offer a finance plan for people with bad credit scores or low FICO scores. We offer extensive loan programs for prime, non-prime, and no credit score customers. If they have a bad credit history, nothing can stop them from being your customer. All we do is check for a few parameters before processing such loan applications.

Unlike most finance companies, Time Investment doesn’t use mere formulae and number crunching for credit approvals. Instead, we use Common Sense Lending, in which one of our team members will jump on a call to discuss realistic options to help as many of your prospects as possible.

How to Offer Plumber Financing to Customers

Nowadays, the need for plumber financing plans in the U.S. is more present than it has ever been before.

At a time where more and more professionals are joining the plumbing industry to cater to the rise in demand for these types of services, this conclusion is logical. The stats paint an illustrative picture.

Based on a 2020 industry research report shared by Ibis World, the U.S plumbing industry has a market size of an estimated $107B, a statistic that indicates that the market is on the rise.

What’s more, stats also point to an elevated percentage of household plumbing needs. A report from Plumbing Manufacturers International indicated that roughly 10% of American households have plumbing leaks that collectively add up to 90 gallons of wasted water daily. Not to mention the sheer number of other plumbing-related issues that homes suffer from all across the U.S.

With the growing need for these services, some homeowners constantly find themselves struggling to cover these expenses.

As a plumbing company or independent plumber, you can do your part to help your customers by offering plumber financing to them.

In this blog post, we’ll break down how this can be a lucrative option for your business and the ways in which you can go about delivering this solution to homeowners.

An Overview of Plumber Financing

Plumber financing is a line of credit awarded for plumbing-related projects. With it, a homeowner or property owner can cover the costs of their expenses.

With regard to the specific types of projects which plumber financing can cover, they vary. Lines of credit usually cover work related to pipes, water heaters, tanks, emergency repairs, and fittings. To be more concrete, these encompass plumbing repairs like burst pipes or faucets, unclogging blocked pipes, and drainage work.

However, plumber financing also covers other types of projects which may not necessarily be classified by some as plumbing-related. These are usually considered home improvement projects or home repairs. For that reason, they are also called home improvement loans in some circles. For example, the installation of a jacuzzi tub, any type of bathroom overhaul, air conditioning/HVAC work, or even some types of kitchen work can be considered eligible for plumber financing. These are some of the major types of plumbing system projects for which homeowners seek lines of credit.

That said, it is up to the lender (the company providing the line of financing) to determine the specific reasons for which the borrower (the one requesting financing) can be granted a plumbing project whatever the application process may be.

Once the line of credit is granted, the borrower is subject to repayment based on the terms and conditions established by the lender.

What Plumber Financing Does For Lenders

Offering plumber financing to homeowners is a lucrative initiative that promises a wealth of potential benefits for lenders.

Here’s a breakdown of some of the main benefits:

  • Boost your service orders: Providing homeowners with a way to finance their plumbing project saves them from feeling the blow of the financial expense if they paid in full. In doing so, the borrower feels more inclined to use your service since it affords them greater financial flexibility. Therefore, the natural consequence is that more homeowners will want to partner with you for their plumbing needs.
  • Remain competitive in the industry: The plumbing industry is a highly competitive industry. In a niche where you are all fighting for the same clientele, providing compelling payment options is a way to stand out among your competitors and reel in more clientele.
  • Tap into more client market segments: In addition to the increase in service orders, offering lines of credit also opens up new segments of your target audience. These segments are those which ordinarily would not have aligned with your company since you did not offer this type of plumbing finance solution.

Types of Plumber Financing

Before diving into the most ideal way in which you ought to deliver plumber financing solutions, it is important to first dissect the existing solutions that homeowners are most exposed to.

They are as follows:

Home Equity Loan

A home equity loan, also called a second mortgage, allows one to secure a loan using the equity accumulated on their home during a given span of time.

For example, let’s say that a homeowner has a mortgage balance of $300,000 and their home is valued at $400,000.

This means that the borrower’s corresponding home equity loan will be $100,000.

Home Equity Line of Credit (HELOC)

Though similar to home equity loans, HELOCs are different financial products that more resemble how a credit card works.

HELOCs allow homeowners to gain entry to a line of capped-credit which they can use on an as-needed basis.

This limit is usually calculated on a monthly basis throughout the totality of the loan life cycle.

The loaned amount tends to be measured as the difference between the home loan and 80% of your property’s value.

Unsecured Personal Loans

In cases where a homeowner does not have collateral, assets, or is unwilling to use them to secure a loan, they have the option of an unsecured personal loan.

However, with these loans, the homeowner assumes stricter eligibility requirements and usually has to have an excellent credit score since from the point of view of the lender, the loan is risky.

The Dangers of Traditional Financing Plumber Plans

While it is true that the three finance plans mentioned previously are standards in the plumbing industry, that does not necessarily mean that homeowners are satisfied with them.

In fact, all of these plans constitute significant pain points to homeowners.

Here’s why:

  • Elevated interest rates: While unsecured personal loans seek to make it easier for homeowners to access funding, borrowers are subject to very high interest rates. These interest rates are often so extreme that borrowers cannot use this type of loan since it is not a financially viable option for them in the long run.
  • Unsuitable repayment terms: While repayment terms vary based on the lender, they are hardly ever tailored to suit the specific needs of the borrower. Consequently, a borrower ends up having to settle for a line of financing which does not necessarily allow them to fund their plumbing project under favorable circumstances.
  • Limited credit limits: Most loan amounts are predetermined even before the borrower applies. Therefore, a homeowner cannot request more in credit than what the plan specifies. This constitutes an inconvenience for homeowners who have extensive plumbing projects that cost north of $100,000 since most plans may not cater for these amounts.

All in all, the main problem with these types of plans is that they are not flexible. For that reason, a plumbing company that includes these types of financing options ought to think twice since in most cases, they do not satisfy the demands of their customers.

Instead, the best option would be to offer a flexible finance plan.

Here’s how you can secure them for your customers with Time Investment Company.

TIC for Plumber Financing

Time Investment Company (TIC) is a family-run finance company who has spent over forty (40) years delivering finance solutions to businesses and their customers.

In that time, we have worked tirelessly to develop attractive, flexible finance plans for plumber companies that match the specific needs of their customers.

We collaborate directly with plumbing service providers to provide the funding they need at reasonable repayment terms and conditions and at an interest rate that they can afford.

With TIC, your customers simply pay a deposit on your service and pay off the balance in fixed monthly payments at lower interest rates than they are accustomed to under other finance plans.

At TIC, we are particularly sensitive to the needs and comfort of small and medium-sized businesses as well as their customers. For that reason, we work alongside you to double-down on finance plans that your customers appreciate so you can secure more service orders.

In total, we have worked with more than 250K businesses, successfully funding over $775M over the course of our time as a lender.

Secure the finance solutions you need for your customers by aligning with a finance company who has a proven history of connecting businesses with successful funding plans for their customers.

Takeaways for Plumber Financing

In short, flexible, tailor-made finance plans are the ideal solution for businesses looking to offer funding solutions for their customers.

If you want to differentiate your brand from competitors as an innovative, customer-centric company and pull in more sales, then TIC can help you.

Let us work directly with you to secure the finance plans your customers need to take on their plumbing project.

Reach us via (800) 236-1177 to discover how you can begin leveraging these types of plans for your customers today.



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As Director of Business Development, John Hafeman heads our sales team at Time Investment Company. He’s been with TIC for 29 years.

Prior to joining TIC in 1993, John was an outside sales representative for a Wisconsin-based office supply company. He started with TIC as a collection and customer service representative. But his hard work, dedication, and integrity earned him numerous promotions, and he was soon heading up the entire customer service and collection department.

At the same time, John was putting his sales experience to work, working with Tom on the dealer development and dealer relations side of the business.

Today, John oversees all aspects of business development at Time Inc., working tirelessly to build and cement the company’s relationships with contractors, dealers, home improvement firms, water treatment companies, and anyone else whose customers need an affordable financing solution.

Of all the Time Investment Company Core Values, the ones that resonate with John the most are Fun and Generosity, as these two have been keys to getting him through the many trials and challenges along the way.

“Being generous with our time, talent, treasures, and having fun along the way is what it’s all about to me!” says John.

Outside of the office, John enjoys fishing, hunting, and the great outdoors of Northern Wisconsin. He is an avid golfer and member of the West Bend Country Club.

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Wendy DuBois

Concierge II

Wendy is a veteran with the Time Investment Company. She started in 1999 at our collections desk and was soon promoted to dealer services. Later in her tenure at TIC, she did underwriting and management. Twenty-three years later she is working in dealer concierge, providing outstanding customer service to our dealer clients.

Wendy chose to join TIC while she was working in a daycare facility. A friend working here told her to apply… and the rest is history!

Her hobbies include watching her children play sports, spending time with her family, and traveling.

The TIC Core Values she cherishes the most is Fun. “Don’t you want to come to work and love your job and the place you work for?” she asks. With the fun aspect, you are not just clocking in, doing your job, and going home. You’re making new friends, loving your job, and all while having fun!”

Monica Sabala

Concierge III

Monica Sabala has a passion for helping others. Which is what attracts her to work in customer care and collections. She now works in the Concierge office at TIC, an inside sales position, setting industry standards in the customer experience field.

She joined the Time Investment Company because it was “a great fit that offered flexibility, remote work, and the opportunity for growth.”

Outside of the office, she treasures family time and sharing the love of the Lord.

TIC’s core value that Monica relates to most is Excellence.

“Living a life of excellence is the standard. It’s seen in everything — attitude, preparation, and execution. To see it in my workplace is very motivating!”

Joe Peplinski

Concierge III Lead

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Joe worked his way through college as Junior Golf Coordinator for the Mary Hafeman Golf Experience in Mequon, Wisconsin. After graduating in 2019, Joe joined TIC as an inside sales representative. He has since been promoted to Concierge III Lead, where he strives to provide best-in-class service to our valued dealer clients.

Joe saw the opportunity at TIC as a great experience to start at a finance company and build his resume. He holds a degree in Business Management and Marketing from Edgewood College.

His hobbies include playing sports and traveling. Of all the Core Values at TIC, Joe likes to focus on Service and Excellence. “The company is all about relationship building and being a team player,” he says. “We are all working together to achieve our goals. I believe this sets us apart from most finance companies. We have that personal touch instead of hearing an automated voice. You will be able to talk to a real person and go over anything in regard to an account.”

Zachary Hafeman

Concierge Manager

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Zach started working at Time Investment Company ever since he graduated from high school 12 years ago. He started out at the company working seasonally while playing Junior A hockey, and then later doing customer verification calls, collections, and cash management duties to learn the business. He continued to work with us while attending college.

Once he graduated, he joined the company full-time, working in the Dealer Services Department. He then took on TIC’s first inside sales position as New Client Growth Strategist and worked in that capacity for three years before being promoted to Concierge Manager in 2022.

Zach enjoys playing golf, and hockey, watching TV shows and movies, spending time at the lake, and watching Packer games.

Integrity is the TIC Core Value that he holds as the most crucial. “I find it the most important to always be upfront, truthful and trustworthy with not only business customers but also with everyone I interact with on a daily basis,” he says.

Mark Willis

Regional Sales

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With more than 30 years of financial services experience, Mark Willis is a proven, successful leader with a long, winning track record of results in finance, business, and home improvement.

Mark joined TIC in 2021 after being referred by Mike Farrell. A driven self-starter, Mark came to Time Investment Company having achieved years of success as a self-employed consulting and sales professional.

He served as a product sales and solutions manager at Toshiba and was Vice President of Store Operations and Product Management at Axcess Financial. Prior to that, Mark had more than a decade of successful management at Walmart, where he last worked as Senior Director of Category Management, Strategy, and Product Development.

His hobbies include playing golf and making home improvements. He has a bachelor’s in business/corporate communications from Abilene Christian University and an MBA in Management and Operations from Babson F.W. Olin Graduate School of Business.

The cove value that particularly strikes a chord with Mark is Service. “It’s all about taking care of our dealers,” Mark says.

David Bocian

Regional Sales

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David brings more than 30 years of professional experience in both the home improvement and consumer finance industries, making him an ideal match for the Time Investment Company and our customers. Over the years, David has worked with national lenders on both sides as a dealer and as a sales representative.

Prior to joining TIC in January 2022, David was an accomplished operation and finance manager with solid skills in consumer finance, sales, and marketing. He came to us from his position as business development manager at Veracity Strategic Business Solutions in Tampa, Florida. Before that, David was the Director of Sales and Business Development Manager at Castle Credit in Chicago. He also worked for 11 years as the VP of Operations at FJB Associates in Berlin, Connecticut.

David chose to come work for us here at Time Investment Company when he got a surprise call from a recruiter asking if he would be interested in joining the company. “I was so impressed after the first Zoom call with Mike, Tom, and John. Their knowledge of the industry from the dealer’s perspective fascinated me.”

His favorite hobbies include family time with his wife of 25 years and 3 sons. He also enjoys golfing and watching Steeler Football games.

The TIC Core Value that is most important to David is Integrity. He holds a BA in Political Science and Government from Assumption University.

Nicole Ishay

Administrative Recovery Manager

“The culture here at TIC is something that I am not used to, and I knew I would fit right in,” says Nicole. “Learning new things every day and making an impact in the organization’s growth is what I am most passionate about.”

Outside of work, Nicole loves walking, shopping, and traveling.

The TIC Core Value she holds dearest is Fun. “It helps people to have a more positive mindset, enjoy higher levels of well-being, and better mental health.”

“Fun at work is a key element of employee happiness.” She quips when asked what values here at TIC are most close to her heart, continuing, “I chose Fun as one of the TIC Core values because it helps people to have a more positive mindset, enjoy higher levels of well-being and better mental health.”

Toni Steldt

Loan File Manager

Toni comes to TIC with a strong background in customer service in a variety of contexts – from waitressing to manufacturing.

She chose to join us at Time Investment Company because of our focus on employees and providing them room for growth.

Outside of the office, Toni’s hobbies include camping with her family, having bonfires in the backyard, and motorcycling.

Toni relates most to the TIC Core Value of Fun. “I believe laughter is the best medicine,” she says.

Jamie Phillips


Jamie spent over 15 years in various roles at Bank of America, culminating in a four-year tenure as Director, Global Principal Investments Finance. In that role, he served as the chief financial officer for BAML Capital Access Funds, where he supported the firm’s growth from $175 million to $1.2 billion in commitments.

He then spent several years as Accounting Director at GMR Marketing before joining the Time Investment team.

Jamie joined TIC because he likes the indirect lending/consumer finance industry, and he likes the culture at our company.

Jamie holds a Master of Business Administration Degree from the University of Chicago.

His hobbies include cooking, hurling, and watching his daughter play sports.

The TIC Core Value of Excellence holds a special place in Jamie’s heart.: “I am always trying to improve and make things better,” he says.

Mary Kelly

Senior Manager, Customer Care

Mary came to TIC after serving as a Customer Service Team Leader at Alta Resources in Neenah, Wisconsin, where she worked for Johnson & Johnson, Kellogg’s, and Purina Pet Care. Before that, was also the Sample Department Manager for the County Materials Corporation, where she experienced driving standard operating procedures as a production foreman. For six years, Mary also ran her own business as a personal chef.

Mary joined TIC because she was ready and excited to move forward with her career in a new industry.

Mary’s hobbies include crocheting, watching movies, going to farmer’s markets, and walking.

Our core value that resonates with Mary the most is Fun! “When the workday gets long, a bit of laughter makes the time go by,” she says.

Michael Blue

Senior Manager, Collections

With 25+ years of call center experience and two decades in collections, Michael has a strong track record of leading teams to increase recoveries on multiple portfolios such as out-of-statute debt, credit cards, medical, auto, and private and government student loans.

Michael comes to TIC after more than 20 years of working in a corporate environment. Prior to joining TIC in 2019, Michael served as the Extended Business Office Manager at State Collection Service. Prior to that, he spent nearly 14 years at the Van Ru Credit Corporation as a collector, supervisor, collection manager, and assistant general manager.

“I love all the people that I work with and the family atmosphere,” he says of the Time Investment Company. “TIC has become my second family and the company focuses on its core values. This company is full of smiles and is a fun place to work!” he says.

Michael enjoys spending his free time with his family and outdoors camping, riding ATVs, and fishing. He feels that he can never get enough sun.

The TIC Core values that he best relates to is Excellence: “I am committed to setting high expectations for myself and my staff to maximize recoveries and minimize delinquency,” says Michael.

Russell Brown

Director of Platform Applications

Russell has more than 30 years of financial services industry experience working with companies of all sizes. He has a long track record of success in operations, process improvement, and consumer protection regulatory compliance. He has skills in change management and transformation initiatives that support customer loan origination and servicing systems, electronic banking, and debit/credit payment solutions.

He also has an extensive background directing highly skilled financial management teams in supporting and achieving company objectives in a variety of contexts.

Russell holds the Certified Compliance Professional credential from the American Bankers Association’s Institute of Certified Bankers.

Outside of work, Russell enjoys traveling, training for the next Marathon, and spin cycling. He also enjoys the warm weather and is a self-described “sucker for a scenic view.”

The TIC Core Value he relates to the most is integrity. “I’ve always been taught to do the right thing and take ownership of your decisions and actions,” says Russell. The best way to engage with people is to treat everyone the way you want to be treated.”

Sara Hafeman

Director of Marketing and Sales Support

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Sara came to the Time Investment Company from the hospitality industry, where she spent 15 years honing her sales and customer service expertise in a variety of positions, culminating in her role as Director of Catering at Marriott Hotels. She joined TIC in 2011, just as the company was set to expand, and needed someone with a deep background in sales and customer service like hers.

That background soon led her into new roles with TIC, including sales support, marketing, and management.

Sara enjoys outdoor activities like hiking, golfing, relaxing by the lake and loves traveling with family.

Of the TIC Core Values, Sara finds the most resonance with Service. “My whole career has been built around serving my customers and building their trust so they know, no matter what, I will take care of them,” she says.

Jayne Peplinski

Director of Human Resources

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The chief talent officer of Time Investment Company, Jayne started with the Time Investment Company in 2004 as a data entry specialist. She was soon promoted to accounts receivable manager, and then to her current position in 2012.

After a number of years working in the public school system, Jayne came to TIC to be a part of a family-owned business and to make a difference, not just for her family and herself, but also for others.

Outside of the office, Jayne’s favorite activities include hiking, listening to music, reading, and spending time with her family.

Her favorite of the TIC Core Values is Fun. She strives daily to contribute to making the Time Investment Company a joyous place to work, where employees feel valued and appreciated. “My team helps to create a fun atmosphere whether it is volunteering opportunities, fundraising competitions, luncheons, or just handing out candy on Fridays,” says Jayne. “We spend a lot of time working so why not have fun while we are here!?”

Todd Figard

Director of Servicing/Chief Compliance Officer

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Todd has more than 20 years of leadership and management experience in the credit and collections field. He has diverse experiences managing a variety of portfolios and debt types, including auto loans, personal loans, medical debt, utilities, credit card collections, and government debt. He has a proven track record of maximizing recoveries of delinquent and charged-off debts.

Todd joined the Time Investment Company after meeting with the owners and senior leadership and noticing and seeing that our vision and values aligned with his own. He enjoys working with others and working for a company that values people and relationships above everything else. Prior to joining TIC in 2018, Todd worked in a variety of collections and operations roles for Van Ru Credit Corporation, culminating in more than a nine-year stint as general manager.

Outside of work, Todd enjoys outdoor activities such as hiking, biking, and swimming. He also enjoys stargazing, traveling, and putting his Nikon P900 camera to good use. A lifelong learner, Todd enjoys listening to audiobooks and podcasts on business, success, spirituality, theology, health, and anything else that will help to learn and to grow as a person, and better serve his family, community, business associates, and customers.

Todd’s favorite of the TIC Core Values is Integrity. “Integrity and Trust are the foundation that other values rest upon,” says Todd. “True integrity isn’t always popular or convenient, but it is the path I have chosen.”

Paul Worachek

Chief Credit Officer

With three decades of experience in the lending and credit industry, Paul is one of our newer leaders on the team. He joined TIC in May of 2022. “TIC has a terrific reputation in our industry and is a family-owned, values-based company,” says Paul, and this reputation is part of what led him to join TIC as the Chief Credit Officer. “This is the atmosphere and culture I enjoy, and our customers appreciate.”

Paul’s career has focused on credit underwriting, leadership, business development, risk management, and customer success. He enjoys creating a positive experience for customers and team members.

Prior to joining the Time Investment Company, Paul was Vice President of Lending at Marine Credit Union and Regional Vice President of Heights Finance Corporation. He holds a BBA in finance from the University of Wisconsin – Whitewater.

Paul enjoys spending time with his family and friends. He especially enjoys the family cottage trips, annual family apple picking, trips to the Caribbean, and getting to as many Packers, Badgers, and Brewers games as possible. When he isn’t working, you will find Paul outside enjoying a round of golf, going for a walk, or just working in the yard.

Paul’s favorite of the TIC Core Values is Fun:

“Having fun at work is critical in making the other four Values thrive,” says Paul. “We work hard each day striving for excellence, and it is important to enjoy the journey.’

Jonathan Gelhaus

Chief Information Officer

As Time Investment Company’s chief technologist, Jon has more than two decades of information technology experience in the consumer finance and commercial insurance industries. His career focus is on leading effective digital transformation and leveraging technology to create more efficient business workflows. Over the years, Jon has held roles in data security, infrastructure, data warehousing and business intelligence, application development, compliance, and information security.

Prior to joining TIC in 2021, Jon held C-level roles in a private equity-owned consumer finance company where he was a key member of a management team driving double-digit year-over-year growth which ultimately led to a successful sale of that business and a profitable exit for the PE firm.

In 2021 he joined TIC’s leadership with a focus on personal relationships that drive success, not only for our company but also for our dealers and contractors.

Jon’s hobbies include touring the country on his motorcycle, traveling, baking, and camping with his wife of 23 years and 3 young adult children. He lives in West Bend.

His favorite TIC Core Value is Generosity.

“It is not enough to only be successful,” says Jon. “You also need to use that success to make your community a better place to be.” Jon is committed to fostering and nurturing personal relationships that drive success not just for TIC, but also for our dealers and contractors.

Mike Farrell

Chief Operating Officer

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Mike Farrell came to Time Investment Company in 2017, for the opportunity to create unique company growth in the indirect lending industry. He has more than 20 years of experience in banking and commercial lending.

Prior to joining TIC, Mike was the managing director of BlueTrail Finance from 2015 to 2017. Mike spent eight years as President, COO, and CFO of Axiom Bank in Orlando, Florida. Before that, he had a 19-year career at Fifth Third Bank, including experience in business development and finance roles. Mike holds a B.S.B.A. from the University of Dayton and an M.B.A. degree from Xavier University.

His hobbies include cycling, golfing, and hanging out at the beach.

Mike’s favorite of the TIC Core Values is Service. “I have always believed in building valuable relationships.”

John Hafeman

Vice-President, Director of Business Development

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As Director of Business Development, John Hafeman heads our sales team at Time Investment Company. He’s been with TIC for 29 years.

Prior to joining TIC in 1993, John was an outside sales representative for a Wisconsin-based office supply company. He started with TIC as a collection and customer service representative. But his hard work, dedication, and integrity earned him numerous promotions, and he was soon heading up the entire customer service and collection department.

At the same time, John was putting his sales experience to work, working with Tom on the dealer development and dealer relations side of the business.

Today, John oversees all aspects of business development at Time Inc., working tirelessly to build and cement the company’s relationships with contractors, dealers, home improvement firms, water treatment companies, and anyone else whose customers need an affordable financing solution.

Of all the Time Investment Company Core Values, the ones that resonate with John the most are Fun and Generosity, as these two have been keys to getting him through the many trials and challenges along the way.

“Being generous with our time, talent, treasures, and having fun along the way is what it’s all about to me!” says John.

Outside of the office, John enjoys fishing, hunting, and the great outdoors of Northern Wisconsin. He is an avid golfer and member of the West Bend Country Club.

Tom Hafeman


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Tom Hafeman began his career working alongside his brother Mike, doing collections for another finance company. He then took a year off to caddie for his sister Mary, a pro golfer in the LPGA. (Mary won the Women’s Eastern Amateur Tournament in 1981).

Shortly after Tom returned to a more traditional career path, the Time Investment Company was born.

“My brother Mike dreamed of starting his own consumer finance company, and I was just along for a short ride,” says Tom. Here I am, 39 years later, the President of the company, and living the American Dream!”

As a veteran of nearly 40 years with the company, Tom credits his success at TIC to the solid foundation in collections and sales that he and his brother developed over the years.

Outside of work, Tom has a passion for big game hunting and bowhunting and is active in wildlife management. He also enjoys traveling and spending time with his family.

As President of Time Investment Company, Tom played a big role in defining the company’s five Core Values: Service, Excellence, Integrity, Fun, and Generosity, and strives to live them every day.

Mike Hafeman

Chief Executive Officer

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As one of the original co-founders of the Time Investment Company in 1981, Michael Hafeman has a lifelong passion for entrepreneurship. After cutting his teeth working in collections for another consumer finance company in the late 70s, Michael realized that contractors and home improvement companies had a huge unmet need for a first-rate consumer finance company to work alongside with to help make their services affordable for middle-class customers.

“I felt there was a great need for a quality financing partner,” Michael explains. “We would create success by building long-term beneficial relationships not just with contractors, but also with doctors, dentists, and anyone who provides services people need but can’t always afford to pay cash for up front.”

An expert both in consumer finance and life safety industries, Michael was the CEO of the Dallas-based MasterGuard Fire Safety Solutions, an international fire alarm wholesaler, from 1994 to 2000.

His hobbies include spending time with his family, traveling, golfing, and exercising.

Michael relates most strongly to the TIC core value of “Fun:” There’s a cherished poster hanging in the company conference room with a quote from Walt Disney saying, “it’s kind of fun to do the impossible.”

Michael loves what he does, and his energetic and infectious attitude helps make the rest of us love it, too.