Reward Funding Ltd is a UK-based specialist lender established in 2011, focusing on short-term, non-regulated finance for property investors, developers and SMEs. Operating under limited FCA permissions, it offers bridging, development and refurbishment funding secured against UK property. Its services may suit borrowers who need access to quick capital and flexible underwriting but are prepared to offer tangible security. For more on bridging loans, see bridging loans and bridge loan.
Key features of Reward Funding Ltd
This lender offers relationship-driven service, quick fund release, and product flexibility tailored to property professionals and SMEs.
- Direct access to senior decision-makers and underwriters for faster answers, supported by flexible underwriting explained in alternative finance loans.
- Funds can be released in as little as 24–48 hours after legal completion, aligning with efficient loan application processes.
- Flexible methodologies for interest payment including roll-up, deduction or servicing, as detailed in interest rate explanations.
Funding eligibility
You may qualify if your borrowing entity demonstrates ability to service loans or exit strategically, with no formal minimum trading period for SPVs and typically 3+ months for existing companies. Tangible security is mandatory, as outlined in collateral requirements. Expect to provide personal guarantees, commonly required from directors or major shareholders; for guidance see personal guarantee requirements and guarantor definitions.
Loan options
Reward Funding offers several specialised short-term loan types for property and business financing needs.
- Standard Bridging Loan: Amounts from £26,000 to £3,500,000, terms 1–18 months, interest rates 0.84% to 1.25% per month (10.1% to 15.0% p.a. equivalent). Features include up to 75% loan-to-value on first charge and flexible interest payment options. Learn more at bridging loans for small businesses.
- Development Finance: Loans from £250,000 to £5,000,000, with 6–24 months terms and monthly interest rates of 0.90%–1.20%. Suitable for experienced developers funding land purchase and build costs. See details at bridging loans and business loans.
- Refurbishment Loan: £50,000 to £1,000,000, with terms 3–18 months, interest 0.85% to 1.15% monthly, supporting light-to-medium residential or commercial refurbishments. Further info on alternative finance loans.
- Auction Finance: £26,000 to £3,000,000, with terms 1–12 months, interest rates 0.90%–1.25% monthly, designed for rapid auction purchases. More about auction finance available but not specifically linked here.
How to apply
The application process is primarily digital with dedicated support. Expect to submit identification, property details, valuations and evidence of exit strategy. Typical decision and funding timelines are quick.
- Submit an online enquiry form to receive same-day indicative terms, supported by a verified application form.
- Provide proof of identity, address, property and exit evidence documents as required. Review guidance at loan application process.
- Receive a formal credit decision within 24–48 hours and expect funding shortly after legal completion. See estimated timelines at business loan calculator and asset finance calculator.
Funding Agent's view on Reward Funding Ltd
Reward Funding Ltd suits property professionals and SMEs needing a quick, flexible lender for short-term funding. Its requirements for collateral, personal guarantees, and relatively higher interest mean it is less suited to those seeking long-term, low-cost finance. For exploring alternatives or checking eligibility, visit business loans, loan eligibility requirements, and business loan refinancing.
