Recognise Bank has appointed VAS Panel to help accelerate valuation turnarounds and reduce approval times for SME lending applications.
The lender will now have access to over 200 valuation firms across its bridging, commercial property and professional BTL loans.
The database will use the most appropriate RICS qualified surveyors for Recognise cases, based on location, deal type and value.
James Meigh, director of lending at Recognise, said: “This appointment will further improve our commercial lending proposition, providing us with access to a much wider group of specialist valuers.
“With commercial finance, speed and reliability are some of the most important factors as borrowers and brokers need to move quickly and confidently.”
