Office move part of Reward expansion

The £300,000 move is part of an aggressive growth strategy that has seen the business rapidly expand over recent months.

The 2,600sq ft offices at 17-19 York Place will be the new home for the two Reward businesses and their growing team of seven financiers and administrators, which has more than doubled since the start of the year.

The venture is led by partners Tom Flannery and Dave Jones who joined the business in January.

“We are serious about financing businesses that have a short to medium term need for funding and are able to offer assets that provide solid security,” said Mr Jones.

Reward Capital was established in November 2010 with substantial financial backing and the aim of lending to businesses with a funding requirement for up to 12 months. The firm secured further funding for 2012 which enabled Reward to add an invoice finance service.