Reward for hitting lending milestone

Published on

Reward Funding’s loan book has broken through the £300m barrier for the first time in its history.

Since it first launched in 2010, Reward Funding has helped ‘thousands’ of SMEs with £1.2bn in alternative lending.

“Our team approach each deal individually, tackling the unique challenges they present and finding the best solution”

Nick Smith, group managing director of Reward Funding, said: “We have seen significant growth in recent years, and to increase the loan book by a further £100m in less than 15 months reflects our determination to be at the forefront of the lending market.

“It also shows that we will continue to drive it forward far into the future.

Nick Smith

“With over 14 years in the industry we are the original alternative finance provider, and we still stand by our goal of supporting entrepreneurial people and helping their businesses thrive.

“Our team approach each deal individually, tackling the unique challenges they present and finding the best solution.

“This milestone achievement comes at a time where SMEs face ongoing economic uncertainty, compounded further by the challenging landscape.

“But our message is clear, we are here and we are ready to provide funds for businesses looking to put ambitions into motion.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Middle East uncertainty prompts homeowners to reassess mortgage plans

UK homeowners are overpaying mortgages and looking to secure new rates as geopolitical and...

Beyond the walk: Mortgage Leaders talk mental health – part 5

The Mortgage Industry Mental Health Charter (MIMHC) is hosting its third annual 144-mile Walk...

Cambridge BS commits to three-year charity partnership and local housing support grants

The Cambridge Building Society has unveiled a new three-year funding partnership alongside a fresh...

Nomo launches broker academy for Gulf client property finance

Nomo has launched a broker academy to support intermediaries working with Gulf Cooperation Council...

SortRefer and The Moving Portal team up for prostate cancer golf challenge

Teams from SortRefer and The Moving Portal will take on a 72-hole golf challenge...

Latest publication

Other news

Middle East uncertainty prompts homeowners to reassess mortgage plans

UK homeowners are overpaying mortgages and looking to secure new rates as geopolitical and...

Beyond the walk: Mortgage Leaders talk mental health – part 5

The Mortgage Industry Mental Health Charter (MIMHC) is hosting its third annual 144-mile Walk...

Cambridge BS commits to three-year charity partnership and local housing support grants

The Cambridge Building Society has unveiled a new three-year funding partnership alongside a fresh...