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Business And Commercial Loans

Helping your business grow

If your business needs investment to grow, we can help provide the finances you need to fund your expansion

Terms to suit your business

Our loans are designed with you in mind, meaning you can tailor your loan to suit your needs 

The personal touch

Our underwriters want to know and understand your business– meaning you’ll talk directly to the person handling your application

Simple and fast

We’ll get your funding processed and delivered quickly, with the minimum hassle and fuss

Business loan calculator

The annual interest rate is 9.6% APR (fixed) for our business loans

Fields marked with an (*) are mandatory.

Use the calculator below to work out your estimated monthly loan repayments. This is a guide only – your actual loan offer and monthly repayment amount will be calculated when we look at your application, which is subject to status and terms and conditions.

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Why not check out our9.6% business loan?

One simple low rate for all business customers on any amount (minimum £2,000 - £60,000 maximum)

See below for the representative example.

Representative example

We show a representative example wherever we talk about the interest rate of a loan. The representative example does not reflect the input you have made to the calculator above but will help to show you the typical costs associated with a loan for a certain amount.

Loan amount Term Representative APR Interest rate Monthly repayments Total amount payable
£10,000 48 months 9.6% (fixed) 9.6% (fixed) £251.71 £12,082.08

Interest is calculated daily and charged monthly. Your annual statement will show much interest you have paid and when.

All loans are subject to status and terms and conditions.

We will do a creditworthiness assessment of your circumstances when you apply to ensure you can afford to make your monthly repayments. We reserve the right to refuse any application and to refuse a loan for certain purposes.

Information and rate shown is correct as at May 2022. Rate may be withdrawn at any time.

Talk to us about a business or commercial loan now

Your Local Director can talk you through how to apply for a commercial loan. Their details will be listed alongside your local store

To apply for a business loan come see us in store.

Business Loan

Business Loan

Loan Interest rate Loan term Arrangement fees Other fees we may charge
Under £60,000 Typically 9.6% APR fixed 1-5 years Zero None 

APR stands for annual percentage rate. It’s intended to give you a more accurate idea of how much you are being charged when you borrow money. It takes into account the interest on the loan and other charges you have to pay – for example, any arrangement fee.

Interest is calculated daily and charged monthly. Your annual statement will show how much interest you have paid and when.


How much can I borrow?

Interested in a business loan under £60,000? Use our loan calculator to work out how much you can afford to borrow and what your monthly repayments might be.


Eligibility

If you’d like to discuss your Business Loan requirements with us, please come into a store or contact one of our specialist teams.

You’ll need to have a Business Bank Account with us to apply for a Business Loan, and we will likely need some security. Our Business Loans are generally available to customers with £2 million in turnover and under, although we do consider exceptions.

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a loan or other debt secured on it.

Commercial Loan

Commercial Loan

Loan size Loan term Interest Rate & Fees Currency
From £25,001 to £25m+ 1-30 years Tailored to each loan GBP only

Current interest rates

We tailor our interest rates for each loan application.

Bank of England Base Rate Metro Bank Base Rate
4.75% 5.00%

Find out more about the Bank of England Base Rate

Find out more about the Metro Bank Base Rate


Eligibility

If you’d like to discuss your Commercial Loan requirements with us, please come into a store or contact one of our specialist teams.

You’ll need to have a Commercial Current Account with us to apply for a Commercial Loan, and we will likely need some security.

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a loan or other debt secured on it.

Get all the details on our Business Loan

Download our PDF to read when you like - it contains all the ins and outs of our Business Loans.

Business Loans Details (PDF) (170KB)

Our Service Relationship with Business Customers (PDF) (1.1MB)

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Your eligible deposits with Metro Bank are protected by the FSCS.