Reward hits landmark £200m lending milestone

Reward Finance Group has cemented its twelfth year of continuous growth, by breaking through the £200m loan book milestone for the first time.

Reward, which has an office in Birmingham and supplies SMEs with tailored business finance loans and asset based solutions of between £50,000 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 more than 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.

Reward’s group managing director, Nick Smith, 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.”