The firm said the milestone was hit this week, adding that commercial mortgage balances have been growing 24% year-on-year over the past 12 months.
Atom Bank said the growth in commercial mortgages was due to improvements such as a simplified stressed interest rate, its Better Buildings programme – where energy-efficient properties can secure a rate discount – and enhancing its Growth Guarantee scheme proposition.
The lender said passing the £1bn mark was the latest in a “series of significant achievements” made by the commercial mortgage team.
This includes the first three months of 2025 setting a record for commercial mortgage offers, completing its largest ever Scottish transaction worth almost £6m, and achieving a number of awards and commendations at the National Association of Commercial Finance Brokers’ (NACFB’s) annual awards.
Tom Renwick (pictured), head of business lending at Atom Bank, said: “Surpassing £1bn of commercial lending on our balance sheet is an important milestone, and demonstrates the impact Atom Bank has made in this market, developing from a start-up challenger to a genuine player in the commercial space.
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“We have consistently invested in our technology to ensure brokers and their clients enjoy a faster, easier and more transparent experience, and this growth shows how those improvements have struck a chord with the intermediary community.”
He continued: “To have achieved this milestone while maintaining strict credit discipline is unquestionably impressive. We have hit this figure by staying true to our core purpose of supporting quality SMEs, often overlooked by high street lenders, but who have the drive and insight to make their plans a reality.
“Atom Bank’s commercial team has enjoyed an outstanding few years but we have no intention of resting on our laurels, and will continue to invest in the people and technology needed to bring our offering to a wider group of SMEs.”
