The firm is restructuring its client operations team to build a more diverse portfolio of clients.

Sarah has held previous roles at RBS, Barclays, Metro Bank and Paragon.

Mike has held previous roles at Novuna (formerly Hitachi) and Bibby Financial Services.

Atom has made improvements to its care homes criteria to accept less experienced applicants in the sector.

The minimum drawdown is £50,000, with up to five drawdowns allowed across the duration of the scheme.

Mike Hood will cover the North East.

Businesses are turning to asset financing in tough times, with a 9.7% annual increase in new lending.

The firm is targeting larger businesses looking for bespoke funding solutions.

Borrowers can earn discounts of up to half the exit fee by meeting ESG criteria.

Earlier this year, Alba was granted its banking licence by the PRA and FCA, allowing it to move into mobilisation.