Aldermore is an SME-focused bank which operates with modern, scalable and legacy-free infrastructure.
Founded in 2009, we have grown significantly since then, posting our first year of profits three years after launching and establishing Aldermore as one of the leading alternative banks.
We offer simple financial products and solutions to meet the needs of underserved Small and Medium-sized Enterprises (SMEs); across their business and personal lives, as well as homeowners and savers.
We focus on specialist lending across four areas: Asset Finance, Invoice Finance, Development Finance, SME Commercial Mortgages and Residential Mortgages. Our lending activity is predominantly supported by the deposits we receive from Britain’s savers.
By offering a genuine alternative to the incumbent banks, we are providing much needed diversification in the British banking landscape.
We have no branch network but serve customers and intermediary partners online, by phone and face to face through our network of nine regional offices located around the UK.
We place our customers at the heart of everything we do. Our brand pillars – exceptional service, total transparency and community – are the direct result of feedback from customers, differentiate us from the competition and help us to ensure that we continue to deliver banking as it should be.
Best Development Lender of the year
Aldermore was voted Best Development Lender of the year at the 2017 NACFB awards. As the key Development Finance sponsor for 2018 we are passionate about supporting small and medium sized developers. Over the past year we’ve more than doubled our maximum loan size from £10m to £25m and enhanced our credit policy to be even more flexible for our borrowers. We pride ourselves on ensuring we work on each case individually to create bespoke solutions to meet our clients development finance needs. We are continuing to provide market leading turnaround times for drawdown of development funds which is critical for our clients cashflow arrangements.
Established in 2009, Aldermore has grown significantly. At the end of December 2017, lending to customers stood at £8.6 billion. In March 2018, Aldermore became part of FirstRand Group, one of South Africa’s largest financial services institutions. For more information, please visit www.aldermore.co.uk. Follow us on Twitter: @AldermoreBank @AldermoreNews
We are huge supporters of the CFE. It’s a key event in the Commercial Finance calendar and a great opportunity to network and catch up with our existing brokers, whilst also having the chance to introduce ourselves to new faces. The event showcases new exclusive content and great insight from senior leaders as well as unveiling the latest developments across the industry.
Every year we see a huge number of brokers arrive at the NEC. Last year was the first time the event was held in the larger hall which created a brilliant atmosphere! We’re excited to exhibit again this year and look forward to welcoming people to our stand to meet the team and learn more about the great products and services we have on offer.
Simon Knowles, Head of Property Development, Commercial Mortgages
Aldermore Bank PLC is an operating entity of Aldermore Group PLC.
Aldermore Bank PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme