Connect with us

Finance

NatWest Extends Digital Loans to £750k for Business Customers

NatWest has announced the launch of a new digital platform which will be available to all NatWest business and commercial customers allowing them to apply online for secured and unsecured loans of up to £750,000 – the largest digitally available loans in the industry.

The new platform, available to all business and commercial banking customers who use online banking, will allow applicants to complete the process in a matter of minutes, with a decision being communicated to customers usually within 24 hours, sometimes immediately. This fully digitised application process streamlines the customer experience and reinforces NatWest’s position as the UK’s leading commercial lender.

NatWest’s development underlines the bank’s commitment to further improving its digital offering and builds on the success of its ESME Loans platform, which provides loans of up to £150,000, Mettle – the standalone digital business current account, and LenderComm, the first production use of blockchain in the syndicated loan marketplace.

Alison Rose, CEO of Commercial and Private Banking at NatWest, said: “We are continuously looking for innovative solutions to meet the ever-evolving needs of our business and commercial customers. Our commitment to helping businesses in the UK access funding is at the heart of everything we do and we want to support them. Accessing larger loans, quickly, is vital, and this new end-to-end digital lending platform allows us to offer just that. The scale and pace of changes in customer behaviour is like nothing we have seen before, and we’re incredibly proud of this new proposition which shows our commitment to serving our customers better.”

Source: RBS

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Text Translator

Awards Ceremony

Click on the Image to view the Magazine


Global Brands Magazine is a leading brands magazine providing opinions and news related to various brands across the world. The company is head quartered in the United Kingdom. A fully autonomous branding magazine, Global Brands Magazine represents an astute source of information from across industries. The magazine provides the reader with up- to date news, reviews, opinions and polls on leading brands across the globe.


Copyright - Global Brands Publications Limited © 2024. Global Brands Publications is not responsible for the content of external sites.

Translate »