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

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...

Former LMS chief Nick Chadbourne takes chair role at Novus Strategy

Nick Chadbourne, the former chief executive of LMS, has joined mortgage and homebuying consultancy...

Vernon appoints Anthony Murphy to board and audit role

Vernon Building Society has appointed former Nottingham Building Society finance chief Anthony Murphy as...

Building safety remediation list grows ahead of new developer levy

The number of residential buildings being monitored under government cladding remediation programmes has risen...

Latest publication

Other news

Barclays urges policy action to unlock home energy efficiency upgrades

High energy costs are increasing demand for more efficient homes, but the cost of...

Brilliant Solutions joins Equity Release Council as later life market broadens

Brilliant Solutions has joined the Equity Release Council as the mortgage club and specialist...

Former LMS chief Nick Chadbourne takes chair role at Novus Strategy

Nick Chadbourne, the former chief executive of LMS, has joined mortgage and homebuying consultancy...