Atom bank has announced a new partnership with Fiducia Commercial Network.
The move will give Atom bank enhanced access to Fiducia’s appointed representative (AR) network, as well as the opportunity to conduct speaking engagements and deliver broker education sessions.
Fiducia Commercial Network is part of the Fiducia Group and was established to support individual brokers and broker firms with commercial clients. The network provides intermediaries with tools to deliver a comprehensive range of commercial finance options.
Atom bank recently reduced its fixed rates available for commercial investment cases by up to 0.40%, while the lender has also implemented a simplified variable stressed interest rate calculation which will enable qualifying applicants to secure larger loans.
Head of intermediary distribution at Atom bank, David Castling, commented: “We have made numerous improvements to our products and processes over the last year, but are also keen to work with distributors who will help us deliver our funding to more British businesses.
“Through this partnership Atom bank is supporting the adviser members of the Fiducia Commercial Network and their business clients.”
Managing director of Fiducia Commercial Network, Mark Grant, added: “This partnership provides our brokers with an outstanding option for their business clients. By providing bespoke pricing, Atom bank ensures that borrowers pay a rate that genuinely matches their circumstances, a feature that I’m certain will be welcomed by our members.”
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