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

The Cambridge lifts LTV on expat and holiday let buy-to-let mortgages

The Cambridge Building Society has increased the maximum loan-to-value on two specialist buy-to-let ranges...

Direct authorisation retreats as networks consolidate their grip on advice market

New FCA data points to a widening structural divide between directly authorised firms and...

Early January sees sharp rise in demand for home mover services

Demand for home mover services jumped sharply in the first half of January, with...

Coventry targets energy-efficient buy-to-let with new intermediary range

Coventry for intermediaries has launched a new range of buy-to-let products aimed at landlords...

Brokers urge stronger borrowing education as near-prime demand grows

Brokers are calling for greater investment in financial education after reporting a sharp rise...

Latest publication

Other news

The Cambridge lifts LTV on expat and holiday let buy-to-let mortgages

The Cambridge Building Society has increased the maximum loan-to-value on two specialist buy-to-let ranges...

Direct authorisation retreats as networks consolidate their grip on advice market

New FCA data points to a widening structural divide between directly authorised firms and...

Early January sees sharp rise in demand for home mover services

Demand for home mover services jumped sharply in the first half of January, with...