Alternative finance provider, Reward Finance Group, has joined The National Association of Commercial Finance Brokers (NACFB) which has more than 2000 commercial finance brokers covering the whole of the UK.
The decision to join NACFB follows Reward’s ninth successive year of growth, which has seen the continued investment in people and IT and a strong contribution from both its Leeds and Manchester offices.
Having established an excellent financial broker network in Yorkshire and the North West, the company has now reached a critical mass, in terms of personnel and financial backing, to enable it to extend the network UK-wide through NACFB.
In addition, with Nick Smith as group managing director, and Steve Noble and Gemma Wright as managing directors of the North West and Yorkshire & North East respectively, it has a senior team that is already well connected with brokers outside these regions, having previously operated across the UK.
Speaking about joining NACFB, Nick Smith said, “Since Reward was established nine years ago we have experienced continued growth, extending from our Yorkshire roots to establish a successful presence across in the North West.
“We have attracted a very experienced team in both offices and built an enviable reputation for our agility, flexibility and ‘can do’ approach to quickly provide funds to SMEs.
“This has resulted in another record year, with lending growing by 12 percent to £78m and client numbers reaching 278.
“We have therefore joined NACFB as we are in an excellent position to expand our broker network to offer our unrivalled Business Finance and Invoice Finance Plus products to SMEs throughout the UK.”
Welcoming the new Patron, NACFB managing director Norman Chambers, said: “We are thrilled to welcome a lender of Reward’s calibre to our growing cohort of Patrons.
“Nick and the team are delivering excellent results for their clients and I am certain they will be able to build upon this success with the support of the NACFB’s 2000 broker Members.”