Atom Bank will now be able to broaden its access to new areas of the UK market through a key distribution partner with an origination team covering the entire nation.

The partnership follows Assetz recently surpassing £1.7bn of property secured business lending completions since its launch.

Atom Bank has generated over £1bn in commercial mortgage quotes since coming back on sale in April.

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The bank recently launched broker-instructed valuations alongside improvements to its commercial mortgage underwriting process, halving the average time it takes for an underwriter to assess a broker’s case.
 
David Castling, head of intermediary distribution at Atom Bank, said: “We want to help as many businesses as possible, with our sights set on growth as we offer brokers and customers alike a better lending experience.

“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.”
 
Andrew Charnley, managing director at Assetz, added: “This [partnership] will help Assetz to extend our reach in the owner occupied and professional property investor commercial mortgage market space nationwide.

“Atom Bank is a further strategic partner for us, sharing Assetz’ customer values and [will] expand our funding support for commercial mortgages to all trading businesses, property investors and, importantly, the large care sector.

“We are excited that Atom Bank has strengthened its commitment to supporting small businesses through us.”