"We will be accepting new customers on the scheme soon, so we urge businesses and brokers to get their applications ready now."
RLS will give UK businesses access to finance as they look to invest and grow, with funding that can be used for managing cash flow, investment, and growth. Through RLS, Atom will offer secured loans from £250,000 up to £2m, via its network of 200+ independent brokers across the UK.
The latest accreditation comes following Atom’s initial participation in RLS, in which Atom received in excess of £550m of applications.
Chris Storey, commercial director at Atom, commented: “We are delighted to have been accredited by the British Business Bank so we can continue lending under the RLS. We will be accepting new customers on the scheme soon, so we urge businesses and brokers to get their applications ready now.
“Atom has always been fiercely passionate about supporting small businesses and helping them achieve their potential through fair and responsible lending. Having played an important part of both the CBILS and then RLS scheme for UK businesses, offering new-to-bank and existing customers access to much needed capital, we look forward to welcoming new customers and supporting our rapidly growing group of existing customers with secured RLS loans.
“We move into the latest iteration of RLS as a Registered Firm with the Lending Standards Board. This is the latest commitment we have made beyond our regulatory obligations to driving fair outcomes for SMEs and always placing the customer at the heart of everything we do.”
