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

Kevin Tunnicliffe on ending the race to the bottom

This was always going to be a tricky interview. I’ve known Kevin Tunnicliffe, chief...

Simplify appoints key account director

Simplify has appointed Samantha Tickell as key account director as the conveyancing and property...

Brokers deliver speed for first-time buyers, but lender delays persist

Mortgage brokers are moving first-time buyers through early stages of the application process in...

UK buyers warm to AI in homebuying, but still want human oversight

Three quarters of homebuyers expect artificial intelligence to play a role in the homebuying...

The Cambridge brings back fixed rates across core range

The Cambridge Building Society has reintroduced fixed-rate mortgages across its main range, offering new...

Latest publication

Other news

Kevin Tunnicliffe on ending the race to the bottom

This was always going to be a tricky interview. I’ve known Kevin Tunnicliffe, chief...

Q&A: Vincent Ricks, Norton Broker Services

Mortgage Soup fires the questions at Vincent Ricks, business development manager at Norton Broker...

Simplify appoints key account director

Simplify has appointed Samantha Tickell as key account director as the conveyancing and property...