Reward Funding is a UK lender that provides short-term, asset-secured funding to businesses and property investors. Its property finance covers bridging, purchases, light refurbishment and raising capital against existing property. At the time of writing (October 2026), its property loans run from £100,000 to £7.5m on a first or second charge, over terms of 3 to 24 months on a first charge and up to 12 months on a second charge, with land bridging up to £5m. Bridge & Build Finance is an independent broker and is not part of Reward Funding, so we can compare its terms with other bridging lenders. You can read more on Reward Funding's own website.
About Reward Funding
Reward Funding is the trading name of Reward Finance Group Limited, registered in England and Wales, with its registered address in Leeds. It says it launched in 2010 to fill the gap left when traditional lenders pulled back, and describes itself as the original alternative finance provider. It has five UK offices, with regional teams including London and the South East and the Midlands.
Reward underwrites in-house and says it structures each facility around the deal rather than a standard template. Its lending is secured on assets, including property, plant and machinery, and it offers business finance and asset finance as well as property finance. It lists membership of the NACFB, FIBA, the FLA and the AABF.
Reward Funding is one of the lenders we compare for bridging loans and second charge bridging.
What Reward Funding funds
Reward's property finance is flexible in structure and secured on residential property, with separate bridging on land.
| Feature | What Reward says (October 2026) |
|---|---|
| Loan size | £100,000 to £7.5m; land bridging up to £5m |
| Term | First charge up to 24 months, with an option to renew; second charge up to 12 months; minimum term three months |
| Security | First or second charge |
| Property | Residential, plus land bridging |
| Uses | Purchases, light refurbishment, letting, portfolio building, releasing equity, simple bridging |
| Borrowers | Limited companies to sole traders |
For portfolio building, Reward says it can fund up to 100% of the purchase price where additional security is available from other property. Set-up and legal fees can be added to the loan.
Reward may also arrange a facility that can be drawn, repaid and redrawn, in the style of an overdraft, secured on property, and it can take several properties together as security. Directors' unencumbered homes may be accepted as security for a business loan, which is treated as unregulated business lending. Land bridging is available up to £5m. The minimum term is three months. Because it also lends against plant, machinery and other business assets, it can sometimes combine property and asset security for business owners. Reward may lend up to 80% of value on a first charge, case by case, for strong applicants, and it can arrange second charges across a property portfolio, assessed against the rental income. It does not market ground-up development or heavy refurbishment finance.
Who Reward Funding suits (and who it may not)
Reward Funding tends to suit:
- Property entrepreneurs buying residential property or land who need a bridge.
- Investors carrying out light refurbishment before refinancing or selling.
- Landlords building a portfolio who can offer other property as extra security.
- Business owners raising short-term funds against property they already own, on a first or second charge.
- Borrowers who value in-house decisions and a facility tailored to the deal.
It is a weaker fit for developers needing build funding, for commercial property, for heavy refurbishment or conversions, and for anyone who needs a regulated bridging loan on the home they live in. Borrowers looking for long-term, low-cost borrowing will usually be better served by a mortgage.
What Reward Funding looks at
As an asset-secured lender, Reward focuses mainly on the security and the exit. Expect it to look at:
- The value and type of the property, and any existing mortgages if lending on a second charge.
- The purpose of the loan, such as a purchase, refurbishment or capital raise.
- A clear and credible exit within the term, such as sale or refinance.
- The borrower's background and, for business owners, the business behind the request.
- Any additional security offered, for example on portfolio purchases.
Reward says its fees are transparent from set-up through to exit. Ask for a full illustration of interest, arrangement, legal and exit costs before you proceed.
Pros and cons
Pros
- First and second charge lending on residential property, plus land bridging.
- Loans from £100,000 to £7.5m, with terms up to 24 months.
- Can fund up to 100% of purchase price with extra security.
- Revolving, overdraft-style facilities and multi-property security possible.
- Lends to sole traders as well as limited companies.
- Established since 2010, with in-house underwriting.
Cons
- No published LTV limits, so leverage is agreed case by case.
- Refurbishment limited to light works.
- No development finance.
- No regulated bridging, and a three-month minimum term.
Going through a broker vs going direct
Reward works with a large network of introducers and also accepts direct enquiries. Comparing first matters because asset-secured lenders that tailor each deal can vary widely on pricing, leverage and fees, and a mainstream bridging lender may offer better terms on a straightforward residential case.
We search the market, set Reward alongside other suitable lenders and manage the application. It is free to enquire, and any broker fee is disclosed before you proceed.
Alternatives to Reward Funding
- Together: first and second charge bridging on residential and commercial property.
- MT Finance: bridging across many property types.
- Hope Capital: investment, auction and refurbishment bridging.
- Ultimate Finance: business-focused lending including property bridging.
- TFG Capital: bridging on residential, commercial and land, including second charges.
Common questions
How much can Reward Funding lend on property?
At the time of writing (October 2026), Reward Funding's property finance runs from £100,000 to £7.5m, with terms of up to 24 months on a first charge and 12 months on a second charge.
Does Reward Funding lend on second charges?
Yes. Reward says it lends on first or second charge, which can help property owners raise funds without replacing an existing mortgage.
Does Reward Funding fund refurbishment?
Reward lists light refurbishment as part of its property purchase lending. It does not market heavy refurbishment or development finance.
Who can borrow from Reward Funding?
Reward lends to a range of ownership structures, from limited companies to sole traders, and focuses on property entrepreneurs and business owners.
Does Reward Funding offer a revolving facility?
Reward may consider a facility that can be drawn, repaid and redrawn against property, and it can take several properties together as security, subject to its underwriting.
This review is our independent summary of the lender's publicly stated lending, checked in October 2026. Criteria change, so confirm the current position before relying on it. Bridge & Build Finance is an independent broker and is not part of any lender reviewed. Finance is subject to status, valuation and lender approval.
