Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured an additional £50m to its credit line from the alternative investment manager, Foresight Group. The opportunity will enhance its lending capabilities, fostering further business growth.
This increase reflects Reward’s swift expansion – the lender currently supports over 500 SMEs from six regional offices and has recently surpassed a £200m loan book milestone for the first time. Furthermore, several senior-level appointments have been made to enhance its regional UK presence.
