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Clarion advised Reward Capital on the deal for Xblades UK.


X Blades UK, the major sports brand worn by leading rugby league and union stars, is set for further growth after securing finance from Reward Capital.

X Blades, established in 1989 and headquartered in Sydney, manufactures sportswear including footwear, protection, sports apparel and leisurewear. It was the first brand to develop a bladed outsole, now a staple of sports boots across the world.

Leeds-based Reward Capital has provided X Blades UK with cash flow funding and invoice finance facilities to help it acquire stock to meet demand.

The funding is also being used to accelerate X Blade UK's growth strategy.

Russell Stevens from our dedicated banking and finance team advised Reward Capital on the deal for Xblades UK. 

Source: The Business Desk February 2014