Success stories - Reward Finance Group

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 of 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 Ltd provides contract packing, manufacturing, warehousing and distribution facilities from its base in Rotherham. Its boasts an…

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…

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…

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…