For over 40 years, Thame Engineering have manufactured components – like their premium power chucks – that are used to boost productivity in industries around the world.
When the time came for the company to grow, with a plan to use existing business assets for a management buyout, they found that the support offering from some banks was severely lacking.
They came up against roadblocks from their existing bank, who couldn’t give them the support and mechanisms Thame Engineering needed for their share purchase. On shopping around, Thame found that the more traditional banks also seemed to have internal requirements that meant they also couldn’t offer a robust solution. After an introduction at a business networking meeting, Thame chose to partner with Metro Bank – drawn in by the comprehensive and varied product options.
Working together with the commercial team in their local Metro Bank store, Thame Engineering chose a bespoke package built from three Metro Bank products: a Term Loan, Asset Finance, and an Invoice Finance facility*. Mark Thomas, Managing Director was impressed with the customer service he received: “The professional approach, openness and willingness to achieve an outcome whilst considering our requirements was exceptional”.
Our ‘people-people’ approach is woven into every part of our business banking. For smaller businesses there is at least one Local Business Manager in every store, to help with the transition from start-up to up-and-running, and beyond. For bigger businesses, specialised sector teams offer tailored expertise and support. “Metro Bank brings a simple approach, from real people who care about their customers.”
*Terms and conditions and eligibility criteria apply.