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…

Nurturing a leading plant nursery to help it blossom

Business Finance grows retail offering

Ravensworth Nurseries in Richmond, North Yorkshire has been established for more than 50 years and occupies a 36-acre site in a prime location close to the busy A66. The family-run business is the largest grower of Poinsettias in the North of England and has an excellent reputation for supplying quality…

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…

Expanding global reach

Working capital injection energises growth

Corby-based Aten Global specialises in the design, installation and implementation of innovative solar renewable power solutions. Established in 2018, it generated more than £1m in sales in its first year, with projects completed in Saudi Arabia and Jamaica. In the next 12 months turnover was projected to grow to £3.5m,…

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…

Planning for a good deal

Helping a developer to progress a new scheme

Firgrove Holdings Limited, which is based in Upham near Southampton, operates a range of companies within the land, property, funding and development sectors. The company wanted to develop approximately £3.5m worth of office space but to progress the scheme it needed £150k to cover planning costs, architects’ fees, environmental reports,…

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…

Finance facility to help double production

Working capital solution supports growth and new product development

Production at Dekapak Solutions Ltd is set to double in the next 12 months thanks to a six figure funding deal from Reward Finance, which was facilitated by the Liquidity Club. Dekapak Solutions provides contract packing, manufacturing, warehousing and distribution facilities from its base in Rotherham. Its boasts an impressive…

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

Asset Based Solutions 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 provider, who were restricting the funds they were prepared to lend. Reward’s Asset Based…

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…

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…