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

Foundation refreshes buy-to-let range with new products and rate cuts

Foundation has refreshed its buy-to-let mortgage range with new products and rate reductions across...

MorganAsh urges financial services firms to improve support for unpaid carers

MorganAsh has backed a new Carers UK blueprint aimed at building more carer-friendly communities,...

Family BS strengthens intermediary team with BDM appointment

Family Building Society has appointed Sam Byrne as business development manager for the northern...

Buckinghamshire cuts rates across credit repair ranges

Buckinghamshire Building Society has reduced selected rates across its Credit Revive and Credit Restore...

Rosemount launches AI tool to speed up ceding scheme work

Rosemount Financial Solutions (IFA) has launched an AI-powered tool designed to help advisers deal...

Latest publication

Other news

Foundation refreshes buy-to-let range with new products and rate cuts

Foundation has refreshed its buy-to-let mortgage range with new products and rate reductions across...

MorganAsh urges financial services firms to improve support for unpaid carers

MorganAsh has backed a new Carers UK blueprint aimed at building more carer-friendly communities,...

Family BS strengthens intermediary team with BDM appointment

Family Building Society has appointed Sam Byrne as business development manager for the northern...