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

FCA maps out open finance plans with mortgages and SME lending in focus

The Financial Conduct Authority has set out its latest vision for open finance, with...

The Vernon creates chief customer officer role with new appointment

Vernon Building Society has appointed Louise Thorpe as its first chief customer officer. Thorpe (pictured)...

HLPartnership adds Afin Bank to panel

HLPartnership has added Afin Bank to its lender panel, giving advisers across the network...

Mortgage Advice Bureau buys HomeOwners Alliance in push to reach buyers earlier

Mortgage Advice Bureau (MAB) has bought consumer platform HomeOwners Alliance as it looks to...

UK adults report sharp fall in sense of safety as global tensions fuel anxiety

Almost half of UK adults said in March they feel less safe than they...

Latest publication

Other news

FCA maps out open finance plans with mortgages and SME lending in focus

The Financial Conduct Authority has set out its latest vision for open finance, with...

The Vernon creates chief customer officer role with new appointment

Vernon Building Society has appointed Louise Thorpe as its first chief customer officer. Thorpe (pictured)...

HLPartnership adds Afin Bank to panel

HLPartnership has added Afin Bank to its lender panel, giving advisers across the network...