10 August 2018

Reward Finance Group Limited

LGB Corporate Finance has advised Reward Finance Group Limited on the extension of its wholesale debt funding line by £10 million.

Funds managed by Foresight Group LLP ("Foresight”) have provided an additional £10 million extension to bolster the original £40 million secured loan note programme which was agreed in August 2017 for Reward Finance Group Limited ("Reward” or the "Company”).

Leeds headquartered Reward is an independent lender which provides secured loans to UK-based SMEs seeking more flexible finance, more promptly than mainstream lenders can deliver.  Reward’s bespoke funding solutions take multiple assets as security, enabling the Company to provide short to medium term loans or invoice discounting facilities to support companies in a variety of different situations.

Since the original loan note programme from Foresight was agreed last year, Reward has supported more than 100 local businesses with secured loans or invoice finance facilities, lending in excess of £40 million.

Recent Articles

8 January 2019

Hallmarq Veterinary Imaging Limited

August Equity has announced that it has funded the management buy-out of Hallmarq Veterinary Imaging, a global specialist in MRI scanning of horses and companion animals. 

Read more

Deals

7 January 2019

New Year Financial Resolutions

Happy New Year to all! A number of experts, including our own Simone Westerhuis, gave their new years financial resolutions to the Financial Times - what are yours?

 

Read more

News & Insights

17 December 2018

Among the men in dark suits, we need women to light the way on investing

Simone Westerhuis, Director of LGB Investments, wrote an article for the Sunday Times on why the time has come for women to run financial services.

 

Read more

News & Insights