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Value £900,000
Summary
Reward Funding has provided a £900,000 facility to Linthouse Service Station in Wolverhampton to support the acquisition and redevelopment of a non-trading forecourt, marking the first completed transaction between the two firms.
Summary of transaction details:
- Value: £900,000
- Sector: Business Services
- Advisor: Sterling Financial Planning
- Key Entities: Linthouse Service Station, Reward Funding, Sterling Financial Planning
- Location: Wolverhampton
Note: The deal leverages projected performance to revitalize a dormant forecourt, where traditional lenders declined support, enabling the site’s purchase and significant infrastructure upgrades.
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Series A prioritisedOriginal Source
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