Atom has reduced its loan pricing, offering total discounts of up to 0.70% depending on loan size.
Atom has reduced its loan pricing, offering total discounts of up to 0.70% depending on loan size.
More than half of its credit decisions are now fully automated, allowing its underwriters to focus on more complex applications.
The specialist lender provides short-term property finance and secured funding for UK SMEs.
Swaby moves from his current role as business development manager and will work across the North and Midlands.
The extension comes as higher swap rates increase pressure on commercial mortgage pricing.
Jon will build on the success of the broker team as he drives the wider intermediary strategy for the Bank.
The new service is designed to give introducers access to specialist commercial finance support for SME clients.
Stuart joins SBF from Aldermore Bank and brings 22 years’ experience across invoice finance and asset-based lending.
Limited awareness of finance options, complex application processes, and difficulties accessing products suited to businesses with limited collateral were all highlighted as issues.
The Bank has strengthened its business development team in the South East and London.
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