- Bank expands commercial mortgage range as specialist lender
- Available to businesses with at least two years trading history
Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million. The loan is open to all businesses in England and Wales with at least two years trading history. Metro Bank also launched its 75% LTV commercial mortgage earlier this year.
Metro Bank offers every business customer a named commercial banking manager in every one of its 75 stores, providing access to expert business banking support and guidance. This is in addition to the Bank’s award-winning business credit card and working capital options such as invoice finance and asset finance.
Mark Davies, Director of Commercial Banking at Metro Bank commented:
“Commercial mortgages help businesses of all sizes to secure that next step in their growth journey. We know that the benefits of owning your own premises can be transformational in securing the future of your business and we’re thrilled to offer one of the most competitive products available as we become the UK’s best specialist lender on the high street.”
For intermediaries and brokers, please contact Metro Bank’s Business Development team to find out more: Commercial referrals