The UK-based specialist lender, Reward Finance Group, has successfully augmented its credit line by £50 million, courtesy of the alternative investment manager, Foresight Group.

This enhancement not only propels Reward’s total lending facility with Foresight to £180 million but also fortifies their shared vision for growth and expansion. Amid a challenging industry milieu, this move is poised to be a boon for Small and Medium-sized Enterprises (SMEs), who often grapple with securing funds from traditional banking avenues.

This extra funding is anticipated to fuel Reward’s ambitions to transcend £350 million in their loan book over the next three years, a leap towards supporting over 2,000 UK businesses by furnishing essential working capital.