Digital bank Atom has launched a new tool to give businesses instant loan quotes.
In Brief:
The new tool will allow brokers to self-assess and create an indicative quote.
They'll be able to do this for secured business loans before they submit an application.
It’s part of Atom’s Portal broker gateway.
What does this mean?
The aim is to enable brokers to create a quote for a mortgage instantly through a very short journey. The bank says it will offer “unprecedented clarity and transparency” for applications in secured lending.