NatWest launches new lending app

NatWest launches new lending app

New app allows NatWest Relationship Managers to give instant indicative quotes, any time, any place.


NatWest Relationship Managers can now give instant, comparable lending quotes to their small business customers wherever they are, thanks to a new iPad lending app.

The new app allows Relationship Managers to give instant indicative borrowing costs in around 30 seconds. It lays out and compares different borrowing options side by side.

The app does not require internet connectivity to provide quotes so Relationship Managers can quickly give customers indicative options, even if they are visiting them in remote locations. Rates information is regularly updated ensuring customers receive the most up-to-date quotations.

Marcelino Castrillo, Managing Director of Business Banking at NatWest, said: “The app provides convenience and flexibility for customers. It speeds up a process we thought was too slow, while giving our people more time to spend helping customers. We challenged a team of experts to come up with something quick and accurate that could be used anywhere, at any time, and this app is the result.

NatWest recently announced a new team of ‘Business Growth Enablers’ to provide skills and guidance to businesses. This team of 73 will each host weekly education events for local business communities, covering topics from importing and exporting to cyber security, with the aim of providing face to face support to more than 60k customers this year.


This is article is for media use only and is not a financial promotion.

Related articles

£90K awarded to UK's top budding Entrepreneurial spark businesses

Entrepreneurs across the country come together for #godoacceler8 day

NatWest and Royal Bank of Scotland extend support for small businesses by scrapping lending fees

NatWest and Royal Bank of Scotland have increased their support for small businesses by eliminating both arrangement fees and early repayment fees on its loans for small business. Businesses can now borrow up to £500,000 and repay at any time without incurring any penalties.

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

Set Tab for lightbox