Reward grows Scotland team after reaching £14.35m SME lending milestone
Alternative finance lender, Reward Finance Group, has made two key business development appointments and opened new offices in Dunfermline, in response to reaching a £14.35m lending milestone across Scotland.
Providing property investors and SMEs with tailored business finance loans and asset based solutions of up to £5m, Reward has injected over £14.35m of funding into the Scottish SME sector since launching in early 2022.
To sustain this growth, Reward’s team is bolstered by Lucie Martin who joins as business development director and Leyton Loughran who has been appointed business development and portfolio executive.
Lucie brings over 25 years’ lending experience across banks and alternative lenders in property-backed finance. Lucie will be supported by the newly appointed business development and portfolio executive, Leyton Loughran. Leyton recently graduated with a degree in economics at the University of Glasgow and transitions from a client accounts role at an Edinburgh-based property investment firm.
Lucie Martin, business development director for Reward, said: “Reward has quickly established a strong reputation in the property and commercial finance lending space across Scotland and is on an impressive growth trajectory.
“What appealed to me about the role was the company’s agile, solution-focused approach to lending and providing tailored finance that works for all parties. This is particularly important for property investors and SMEs that may be finding it difficult in the current economic climate and are struggling to access finance through high street banks. I’m looking forward to working closely with Brian and Leyton to further amplify our presence across Scotland.”
Brian Machray, business development director for Scotland, added: “Being able to provide £14.35m to property investors and SMEs across Scotland since launching and opening new offices in Dunfermline, naturally led to us growing the team. Lucie and Leyton bring a wealth of experience to Reward and we’re looking forward for the coming year as we continue to help clients in their growth, innovation or during difficult trading periods.”
Brian is hugely experienced in the Scottish financial market and has been instrumental in the growth of the business in this region. His team expansion coincides with a £50m increase to Reward’s lending facility from alternative investment manager Foresight Group.