Atom Bank is partnering with business lender Assetz Capital to broaden its access to new areas of the UK market.
In brief:
-Assetz will act as a key distribution partner for commercial mortgage loan applications for Atom, with an origination team covering the whole of the UK.
-The partnership follows recent news that Atom has crossed over into profitability and generated more than £1bn in commercial mortgage quotes since April.
-Assetz has seen steady growth rates, recently surpassing £1.7bn of business lending to more than 1,000 companies.
What does this mean?
“A partnership with a specialist originator such as Assetz complements our existing broker network and provides us with access to new professional and direct markets for commercial mortgages.”
