Reward reaches £200m lending milestone

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Reward Finance Group has celebrated its 12th year of growth, by surpassing the £200m loan book milestone.

Reward, which supplies SMEs with tailored business finance loans and asset based solutions of between £50k and £5m, is marking the landmark by donating £2,000 to reforestation company Tomorrow’s Forests in line with its sustainability goals to help local communities and the environment.

Since its inception in 2011, the alternative finance provider has supported over 2,000 businesses across the UK by providing over £1bn of working capital needed to drive increased revenue, create jobs, innovate or navigate through a difficult trading period.

Nick Smith (pictured), Reward’s group managing director, said: “Achieving such an exceptional lending milestone underlines the ongoing hard work and expertise within our team across our five regional offices.

“It’s also testament to the terrific relationships we’ve forged with our extensive network of SMEs, commercial finance brokers and other introducers.”

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