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

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Family BS relaunches fixed rates with 0.60% increase

Family Building Society has reintroduced its fixed-rate mortgage range with rates increased by 0.60...

Mortgage rates face further pressure as inflation rises to 3.1%

Mortgage rates could face further upward pressure after UK inflation climbed back above 3%...

OneDome takes integrated homebuying service nationwide

OneDome has launched a national television campaign promoting its integrated homebuying service, which brings...

Buyers put greater premium on energy-efficient homes

Energy efficiency is playing a growing role in homebuying decisions, with almost three-quarters of...

Latest publication

Other news

L&G Mortgage Club adds estate agency referral service

L&G Mortgage Club has partnered with GOTO Estate Agency to launch a referral service...

Family BS relaunches fixed rates with 0.60% increase

Family Building Society has reintroduced its fixed-rate mortgage range with rates increased by 0.60...

Mortgage rates face further pressure as inflation rises to 3.1%

Mortgage rates could face further upward pressure after UK inflation climbed back above 3%...