Reward Finance Group is a part of Mettle Investments Ltd. The business has offices in Leeds & Manchester but covers the whole of the UK and headed up by joint managing directors, Tom Flannery & David Jones. In the year ending February 2019, income grew 39 percent to £12.2m with the loan book increasing by 21 percent to £64.3m. During the 12 months, the Group completed 142 new deals, as well as providing further advances to existing clients, with an average loan value of £300,000.
Reward Finance Group Limited
You might need finance to develop new products or services, or to buy equipment that will improve your business. Or simply to get you over a cash-flow hump. Whatever your plans for the money, you can take out a loan with us for up to 24 months – for any amount from £50,000 to £3 million. Business Finance could be for you if your business has assets, but less cash than you’d like. You pay interest monthly, but there’s no capital repayment. At the end of the term you can pay off the loan or renew it under a fresh agreement.
Funds ready when you need them – pay only for what you borrow
You can use your loan like an overdraft. The facility’s there, but you borrow only what you need. And, of course, you pay interest on just the amount you borrow. It’s like dealing with a bank but without the red tape, delays and underwriting restrictions.
What information is needed from you
Naturally, they need to know you can afford your monthly interest payments, and be satisfied there’s adequate security to cover the loan. But as they are flexible about the security they accept. It could be business assets, such as buildings, machinery or stock. Or even personal assets – for example, if a director of your business has investment properties.
- Set-up fee: 2-4% of the loan amount (minimum fee £3,000) plus their legal costs
- Interest rates from 1% a month
- Negotiable exit fee
- No upfront fees
- You can include your fees and interest costs in your loan
Invoice Finance Plus
You’ve done the work or supplied the goods. You know your invoices will be paid, but you also know payment will take time – and you’re too busy to keep chasing it up. With Invoice Finance Plus, you get the money you’re owed faster, so you can keep your business moving.
Modern type of Invoice Finance
As well as releasing the money that’s tied up in unpaid invoices, Reward can look at your company’s other assets. So if you need to borrow more, they will lend you more – on a short, medium or long-term basis. It’s all part of our flexible approach to finance.
As a modern and flexible lender they see beyond the restrictions imposed by traditional invoice finance providers, and take the time to find out what your assets are really worth. Then they offer finance based on this true value, securing the loan on more than outstanding invoices. All that is asked is for some level of guarantee, depending on the situation.
- All pricing is fully negotiable, to suit your needs and circumstances
- Fixed-fee deals available
- No hidden costs or upfront fees
Reward Capital Limited Address
47 St Paul’s St
Need Fast & Flexible Business Funding
If you are considering borrowing money for your business, why not speak to an impartial expert at Invoice Funding about how this form of finance could benefit your business? Our free consultation service helps small and medium business owners decide on the best way forward. We’ll take the time to understand your needs before making any recommendations, then we can put you in touch with Reward Finance, if your borrowing need does not fit their criteria will will source another Lender, that offers the right service for your specific requirements.
Let us do the legwork for you! Use our contact form now to find out how much cash you could release from your unpaid customer invoices.