Increasing appetite for Lancashire restaurant

Business Finance helps The Pack pack them in

Having owned The Pack Horse in Belthorn, near Blackburn, for five years, Karl and Jo-Ann Elsworth decided it was time for a change. Although the restaurant is in a fabulous village (the highest in Lancashire), it’s off the beaten track and therefore needs to work hard to attract customers. The…

Fresh start for vending machine business

Flexible finance helps Uvenco UK settle debts and move on

In May 2016, AIM-listed vending machine business, Snacktime PLC changed its name to Uvenco UK PLC to reflect its relationship with Uvenco Group, the largest vending machine business in Russia. The company supplies vending machines from three major depots in the UK, as well as running ‘in-cup’ business Drinkmaster and…

Regaining family control

Responsive finance puts T&P Print back where it belongs

Since 1922, the family firm now known as T&P Print Ltd has been offering a range of commercial printing services from its Bradford base. For most of its history, the company traded as Bakes & Lord Ltd – but in 2014, the Woodhead family sold the business to investors in Scotland. Financial losses followed, and in 2015, the firm went into administration.

Backing new homes

Six-figure loan helps turn property developers' dream into reality

Business partners David Fisher and Aidan Tait had big plans for a seven-property residential development on the site of a former chapel in Sherburn, County Durham. But their chances of completing the project began to look slim when their bank refused to lend them the money to finish the building work, even though there were no concerns about the project’s viability.

Help to build a major sports brand

Invoice Finance Plus helps XBlades UK grow more quickly

XBlades UK makes sports footwear and clothing, favoured by leading rugby league and union stars. It was the first brand to develop a bladed outsole, which is now used in sports boots around the world. The company first came to Reward for help to fund the gap between supplying goods…

Financing expansion

Our realistic approach to funding sets P&D Specialist Services back on the road to growth

Electrical and civil engineering contractor, P&D Specialist Services, focuses its expertise on the highways, rail, tunnel, and power distribution sectors. When going through a crucial growth phase, the company experienced problems with its existing invoice finance providers, who were restricting the funds they were prepared to lend. Reward’s Invoice Finance…

Getting behind a sought-after product

A fresh approach to invoice finance supports Sentry Doors’ rapid expansion

As a manufacturer of fire-rated doors, Sentry Doors enjoys a healthy demand for its products – especially as councils and housing associations upgrade and replace existing doors. To increase stock levels enough to meet this demand, the company was looking to borrow £150,000 over and above its existing invoice finance…

Support for British exports

Timely funding helps Snugpak fulfil major overseas order

From its base in Silsden, West Yorkshire, Snugpak manufactures and exports a range of insulated outdoor clothing and equipment. The company is particularly well known for its high-quality, low-weight sleeping bags, used by military forces around the world. When Snugpak landed a $5 million contract to supply survival packs, the…

A brighter future for schoolwear group

Substantial finance, arranged quickly, supports retail chain’s recovery

Until recently, Rawcliffes The Schoolwear Specialists was the main brand of Cheatles Ltd. But when the company’s bankers belatedly refused to grant the usual seasonal increase in overdraft facilities, the retailer was forced into administration. Fortunately, a management buyout team, trading as Newplan Solutions, was keen to acquire 12 branches…