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Dave Jones joins Reward

Yorkshire financier Dave Jones has left Aldermore Invoice Finance to become a partner at Reward Capital and its recently launched sister business Reward Commercial Finance.

Jones joined Cattles Invoice Finance, which was later acquired by Aldermore, in November 2002, after previous roles with Eurosales Finance and Yorkshire Bank.

"Dave's many years' lending experience have given him a technical ability that few can match. This combined with his extensive contact base, and the drive to get the right deals done fast, is exactly what we were looking for to take the Reward businesses to the next level," said Reward partner Tom Flannery.

Jones has become a partner in both Reward businesses with a role focused on business generation, deal structuring and ongoing risk management.

In Reward Capital, this will be through identifying businesses that require secured funding of up to £2m on a short term basis.

"I was impressed with the obvious appetite for lending that Reward showed in its first year," said Jones.

"Its ethos of getting to know regional businesses well, quickly devising flexible deal platforms and lending packages, and making sensible but entrepreneurial in house credit decisions, appealed greatly in this troubled lending climate.

"The value in clients and advisers being able to deal directly with decision makers, no matter what the deal size or complexity, cannot be underestimated."

 

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