Reward Is Clear For Nick Smith As He Buys In To Finance Group
Reward Finance Group provide financial solutions for large and small businesses, providing flexible options for businesses to expand beyond their cash flow
Businesses rely upon powerful financial tools to maintain profitability and fuel expansion, and Reward Finance Group is one of the lenders who facilitate this. Reward Finance Group is a provider of flexible financial solutions that can be used to meet a wide variety of needs, and have created a product portfolio which aims to solve many of the problems that businesses face today.
Among the Reward Finance Group products are secured capital loans, which can be used to inject working capital into a business for expansion and investment. Reward Finance Group accepts a wide range of assets as security and can work with their borrowers to create a tailored set of loan terms.
In addition to capital loans, Reward Finance Group offers invoice financing, which enables businesses to enhance their financial agility by receiving payment immediately for goods dispatched. For businesses which deal in international trade Reward Finance Group offers trade finance, which can be used to pay for the cost of bringing goods into the country.
As with all good lenders, Reward Finance Group is committed to satisfying the needs of their clients, and are able to tailor their products to meet their customer’s situation, helping to drive commerce forward.
Your key contacts at Reward Finance Group
Reward Finance Group
47 St Pauls Street
+44 113 733 2620
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
A business bridging loan is a type of commercial loan that allows you to borrow money quickly over a shorter period than a typical bank loan but usually at a somewhat higher rate.
A business bridging loan can be used for a huge variety of different purposes. Most commonly they are used for major purchases such as property, for new equipment and machinery as well as to acquire stock. They can also be used as working capital and by new businesses that require a cash flow injection.
Yes. They can be a great way for small, medium or even large businesses to secure a cash injection. Securing business finance from a traditional lender can be challenging as High Street lenders usually want to review a business’s past performance by way of profit and loss accounts for the preceding years. Whilst traditional lenders will put businesses through rigorous stress tests bridging lenders will focus instead on each business’s ability to repay the loan not past performance. For bridging lenders, the asset being used as security and the exit strategy are key.
A vast majority of businesses will use property or land as security when taking out a bridging loan. There are however a small number of specialist lenders that are prepared to secure bridging loans against equipment, the value of unpaid invoices and projected future sales or even against equity in the business.
Business bridging loans can be an ideal solution for small, medium or large companies including sole traders, LLP partnerships and limited companies. Some specialist lenders will also lend to offshore limited companies, SPV’s and Trusts.