Allica Bank receives nomination for AFC Excellence in Technology Award

Allica Bank

Allica is the UK’s only digitally-native challenger bank committed to providing a full-service banking relationship to established SMEs and entrepreneurs, offering them lending, savings and payments. Allica Bank says that the extension of its asset finance proposition comes in direct response to extensive broker feedback received in Q4 2022, evidencing Allica’s dedication to listening to its brokers and customers, and adapting to a changing economy.

These established SME businesses typically have 10 to 250 employees and represent around a third of the UK economy. They are the driving force of the British economy, yet are neglected by both mainstream high street banks and other fintechs who instead focus on consumers and micro-businesses.

Allica Bank has been built specifically to serve established businesses like these, combining modern tools and technology with having feet on the ground in their local communities. Allica believe in using human relationships and tailored expertise to empower business owners with the tools they need to succeed.

Building exceptional momentum in the three years since being granted a banking licence, Allica is delivering continuous growth and demonstrating its potential to transform the UK’s traditional SME banking market in the decade ahead, reaching £1bn of lending and monthly profitability in Summer 2022. To see a full list of the award categories and individual awards, visit Asset Finance Connect’s Summer Awards website, where organisations can add their nominations for award winners and book their tables for this year’s must-attend event.

Do you know a team or individual who have achieved outstanding success in technology over the past year? Nominate them today! Submit your entry before 14th April.

Visit Asset Finance Connect’s Summer Awards website HERE to place your nominations for award winners and to book your table.