NatWest, part of RBS, has launched a new iPad app that will enable its relationship managers to give instant, comparable lending quotes on the go.

The lender claims that its new app will enable relationship managers to give instant indicative borrowing costs in around 30 seconds.

"It lays out and compares different borrowing options side by side," the lender said.

The app does not require internet connectivity to provide quotes.

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."

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