Connect for Intermediaries has added Atom Bank to its panel of mortgage lenders.
Connect joins the panel of distributors who are able to access the challenger bank’s new range of commercial finance, that is targeted primarily at supporting trading businesses.
Kevin Thomson, sales director at Connect for Intermediaries, said: “I am delighted that we are working with the UK’s first digital Bank who are destined to challenge the high street banks through competitive product pricing, innovative service and a technology driven process.
“This is an exciting new development in commercial banking, which will further enhance our commercial and property finance offering, meaning our appointed representatives and brokers in the wider market who utilise our placement services can continue to access the best possible lending solutions in the market.”
Gareth Norman, business development manager at Atom Bank, said: “We are really keen to support Connect for Intermediaries as part of their strategy to lend to the SME market through a growing but limited panel of highly capable and aligned organisations.
“At Atom, we have developed a transparent and efficient lending proposition which enables SMEs to maintain their existing trusted relationships whilst gaining access to funds in an efficient manner via intermediaries such as Connect, at prices which are reflective of a low cost based business.
“We are already supporting many SMEs throughout the country as a result of the supportive actions of our authorised network, and we look forward to expanding the reach of this support in a way which disrupts the current status quo.
“I am personally looking forward to working alongside Kevin and his team, as we contribute to the UK economy’s growth and success, whilst creating ripples in the banking industry.”