Reward Finance Group has joined national broker network The National Association of Commercial Finance Brokers (NACFB).
The move follows the ninth successive year of growth for the Leeds- and Manchester-based alternative finance provider.
The firm said the decision to join the network – which boasts more than 2,000 commercial finance brokers across the UK – comes after it has reached a “critical mass”. It is now aiming to expand beyond Yorkshire and the North West via the network.
“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,” said Managing Director Nick Smith.
“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 2,000 broker Members.”