Reward Finance appoint managing director for Manchester
The group sales and marketing director of Reward Finance Group has been appointed to the role of managing director of its Manchester office.
Nick Smith has more than 25 years’ experience in the SME finance sector and joined Reward Finance Group in 2016 and became a shareholder a year later.
The appointment follows the announcement of a record turnover month for the funder, having completed 21 deals in December which released a further £6m of funds to SMEs.
Smith said: “The Manchester office has had a significant impact in the region from day one. We wanted to show people we meant business in the North West and we have been expanding our presence through several key appointments in the last 12 months in both sales and operations.
“Our combination of fast and flexible funding has been readily embraced by our new and existing introducers resulting in a significant contribution to the group’s bottom line and the expansion of the Manchester office. We are now managing £17.5m of facilities for our North West customers, which is a great effort from a standing start and I see significant opportunity in the coming years.
“The fact we did so many deals leading up to Christmas, when many were winding down, is further testament to our can do attitude.”
He added: “Building on these strong foundations I am looking forward to leading the team in spreading the net even wider by increasing our awareness and reputation among additional introducers and SMEs in the region.
“We will be sending out a clear message that we have the money to lend and we will do all we can to help businesses succeed by finding the right solution to their funding needs.”