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, 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 eight 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.
In March 2018, Aldermore officially became part of FirstRand Group, one of South Africa’s largest financial services institutions. FirstRand Group also includes MotoNovo, and in May 2019, we successfully completed the integration of MotoNovo into Aldermore Group.
Through its extensive network of dealers across the UK, MotoNovo offers a range of quality products and services to thousands of customers who choose MotoNovo Finance every week to fund their next car, van, or motorbike.
Together, we will continue to challenge the status quo and remain focused on providing a seamless service to turn our customers’ ambitions into reality.
Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority and covered by the Financial Services Compensation Scheme.