Atom Bank is an online challenger bank and broker, providing business loans as well as personal savings and mortgages. Atom Bank itself isn’t a lender, instead the app will connect businesses to products available to them. Business loans from Atom are specifically designed for buying or investing in property.
Atom Bank Loans & Finance
Business Loans
Atom will connect your business to a variety of business loan providers and apply on your behalf. Interest rates and terms vary depending on the loans available.
Atom Bank Reviews and Ratings
Atom Bank reviews are provided by both personal and business customers. Their experiences of the service could be quite different.
Trustpilot reviews are very positive, with 78% of reviewers rating Atom ‘excellent’. Smart Money People reviews are more critical, but none of the reviewers are commenting on the business loan specifically.
In July 2019, alternative finance news site AltFi reported that Atom Bank has struggled to become profitable in its 5-year history.
Trustpilot – 4.6/5 (based on 5,844 reviews)
Google Reviews – no reviews
Reviews.co.uk – no reviews
Smart Money People – 3.06/5 (based on 115 reviews)
Pros
- Positive reviews on the whole.
- Atom Bank is a broker so businesses can choose from a range of options.
- They sort out the application for you.
Cons
- Business loans are for commercial property only.
Website: Atom Bank Business Finance