Plain sailing with Reward on board

Business Finance ensures boat builder not down in the doldrums

What started as a hobby turned into a passion for entrepreneur Ray Davis. He had always been interested in boats which led to a group of his friends, who shared the same enthusiasm, investing in the building of a top of the range 60-foot luxury yacht. They established Quaestus Yachts…

Syndicate hammer out deal with Reward’s help

Fast finance helps syndicate grab opportunity

When a syndicate of four successful Bradford businessmen spotted an opportunity to buy an industrial property at auction, they knew they had to have it. They spotted the potential to turn a 13,487 square foot building, on an industrial estate close to Halifax town centre, into seven smaller ones, making…

Drinks are on the house for entrepreneur

Business Finance helps progress residential scheme

Jason Hughes is a successful entrepreneur with several successful businesses. As well as retailing cars and motorbikes, he also owns the very popular indoor karting track, Kart World in Burscough, Lancashire. He spotted an opportunity to buy a derelict pub nearby, which already had planning permission for a residential development….

Restaurant serves up post lockdown success

Business Finance provides the perfect ingredient

Like many others in the hospitality sector, Ponti’s Restaurant, which has outlets in Sheffield and London, was hit hard by the pandemic. Having been in the same family for nearly 50 years, it has survived some difficult times, including several recessions. However, COVID-19 was unprecedented in the way it affected…

From a hobby to a European-wide reputation

Working capital injection engineered to grow business

Car enthusiast, Olly Marshall, certainly knew what job he wanted to do when he was younger. It was therefore no surprise that he started a business repairing rally cars when he was 21, back in 2003. This quickly developed into him building and selling them, providing support at races, and…

Turning childhood dreams into reality

Business Finance rewards passion for holiday park

From the age of six, Carol Gerrard-Hughes used to spend weekends and school holidays, with her parents and two siblings, in a caravan at Forest View in Oakmere, Northwich, overlooking the Delamere Forest. At the age of 13 she started washing up in the pub on the site and, when…

Breathing new life into historic mill

Business Finance to help create business park for SMEs

Cleator Mills, near Whitehaven, has quite a history. Built in 1800, it played a significant role in the development of rights for women workers when poor conditions and pay led to a strike by the female workforce in March 1915. At one time it employed 600 people and became the…

Powering up an energy consultancy

Providing Business Finance to plug into a major contract

Electek Solutions Limited (ESL) is a renewable energy consultancy which audits companies’ energy performance, and supplies and installs products to reduce consumption, save costs and protect the environment. Solutions include LED lighting, solar panels, PV and battery storage, and advanced energy monitoring systems. From its Newcastle HQ it has enjoyed…

Company adapts product to fight COVID-19

Funding from Reward enables mass production

Here is another great example of one of our clients adapting its business to help in the fight against coronavirus. David Muirhead, a commercial carpet cleaner by trade, teamed up with a chemical laboratory a couple of years ago to develop X-Mist, a successful product designed to help the hospitality…

Helping to create 80 essential jobs in the care sector

Reward provides finance for recruitment and training

With an increasing number of patients being discharged from hospitals to free up beds during the COVID-19 outbreak, there was an urgent need for carers to look after them in their own homes, visiting them up to three times a day. Our client, Care At Home Group (CAHG), has an…

Adapting the business to provide essential face shields

Reward client able to manufacture essential PPE within budget

Jonathan Padley operates several business ventures and we are delighted to have provided him with a working capital injection to grow his holiday lets company, which he is in the process of extending to include log cabins, as well as barn conversions. However, rather than calling on our support to…

Repurposing to help fight the virus

Asset Based Solutions free up working capital to facilitate fast turnaround

West-Midlands company, Zero Point 8 has over 40 years’ experience as specialists in design, manufacture and installation of bespoke furniture for the hospitality, retail, healthcare, commercial and education sectors. The company had never specifically worked in the medical sector before but was quick to react when it realised it could…

Quickly engineering a funding package

Helping to return success to a company and save jobs

An engineering firm, which prefers to remain anonymous, had built an excellent reputation as specialists in the design, manufacture and installation of steel chimneys, as well as structural and architectural steelwork. Sadly, the uncertainty surrounding Brexit led to a fall in orders, added to which, contractual problems with a particularly…

Are you sitting comfortably?

Funding the growth of luxury outdoor furniture

If you have stayed in the top hotels, enjoyed yourself on a first-class cruise or attended an upmarket hospitality event, the chances are you will have relaxed on Akula Living’s outdoor furniture. Global brands including the Marriott, TUI Cruises, the Waldorf Astoria Casa Marina Resort and Jumeirah Beach Hotel, have…

Enabling a company to flex its muscles in the gym market

Providing speed and flexibility to add weight to great technology

North-East based Speedflex was established and funded by entrepreneur Graham Wylie, one of the original founders of Sage, and Paul Ferris, ex Newcastle United physiotherapist. The company manufactures innovative gym equipment which, unlike traditional exercise machines, does not use weights. Instead resistance is automatically adjusted in response to the user.

Helping to grow a handmade jewellery brand

Supplying the silver lining to meet ambitious plans

Following a trip to Bali, Chloe Moss was inspired to make handmade sterling silver jewellery, resulting in her setting up ChloBo in 2005. The company has developed significantly since then, adding gold plated jewellery to the range and building a brand which is recognised for its ‘stackable’ and on-trend designs.

Rescuing a successful business and saving jobs

Creating a bridge to quickly reach the administrators

London City Facades Ltd is a leading contractor which designs, manufactures and installs full exterior facades for residential and commercial projects. Working with a number of well-regarded national developers in the South East and Greater London, the company provides a complete project management service, from the design phase through to final installation.

Getting a new venture off the ground

Providing financial help in the real world

Conwy-based Frontgrid, which specialises in adventure leisure and virtual reality attractions, had designed and produced the world’s first virtual reality (VR) paragliding experience product, ParadropVR. Unlike other VR attractions, ParadropVR is fully immersive and creates an unrivalled, realistic flying sensation for the user. It combines dynamic physical movement and stunning…

Reward Finance Group works its magic

Finance helps develop visitor attraction

Carol Cavendish, who owns North Shire Ltd in Saltburn-by-Sea, has turned her Golden Hill farm into an award-winning holiday site. She not only provides traditional camping facilities but also gives people the chance to stay in original gypsy bow top caravans, as well as a story book cottage, complete with…