Metro Bank has completed a £19.725m, comprehensive asset-based lending deal with Hepworth Clay and its new owners 4D Capital Partners LLP. The package includes Invoice Finance, Stock Finance and a Plant & Machinery Term Loan, alongside ongoing working capital facilities.
Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million.
Metro Bank has appointed Greg Deadman as Local Business Manager for Tunbridge Wells.
Metro Bank has appointed Richard Jenkins as Commercial Lending Director for Wales and the South-West.
Metro Bank has announced a new partnership with Covecta, an AI platform for financial services that will be deployed across its corporate and commercial credit businesses.
Paul Gaynor and Louise Molloy join as Commercial Lending Directors within the North-West region.
Metro Bank has increased the maximum loan-to-value (LTV) available on large commercial mortgages to 75% from 70%.
Metro Bank will be showcasing its relationship banking credentials to over thousands of entrepreneurs and business attending the North West Expo at Manchester’s Etihad Stadium, on November 21st.
Metro Bank will be showcasing its relationship banking credentials to over 25,000 entrepreneurs expected to attend the Business Show at London’s ExCel on November 13th and 14th.
Metro Bank has launched a switcher incentive for small businesses, offering free business banking for two years.
Please contact pressoffice@metrobank.plc.uk or 07773 244608