Metro Bank: products, terms and eligibility

Metro Bank is a UK provider of commercial mortgages and bank lending. The legal entity named on its site is Metro Bank PLC, company number 06419578. It is based in London.

Its footer says Metro Bank PLC is registered in England and Wales (company number 6419578) with its registered office at One Southampton Row, London. It says Metro Bank PLC is an independent UK bank, not affiliated with any other bank or organisation. It says it is a patron of the National Association of Commercial Finance Brokers (NACFB).

In its own words on scale:

• Says it typically offers commercial lending from £250k to £50m and will consider higher amounts (broker page, October 2026).

Everything on this page comes from what Metro Bank publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

Metro Bank publishes 5 products for UK businesses. The table above gives the amounts and terms as it states them.

• Business Loan: Fixed monthly repayments.
• Business Overdraft: Revolving; interest only on the amount used.
• Invoice Finance (factoring and invoice discounting): Revolving facility.

Business Loan

Loans of £2,000 to under £60,000 over 1 to 5 years at a fixed rate with no arrangement fee, for Business Bank Account holders generally with turnover of £2 million and under. It says it will likely need some security and that your underwriter talks to you directly.

Commercial Loan

Loans from £60,000 over 1 to 30 years in GBP only, with rates tailored to each application, for Commercial Current Account holders. Its broker page says commercial lending typically runs from £250k to £50m.

Invoice Finance

A revolving facility advancing up to 90% against outstanding invoices, as factoring (Metro Bank handles credit control) or confidential invoice discounting, with optional bad debt protection. Contracts can be ended with 28 days' notice.

Asset Based Lending

Facilities from £2m to £50m against debtors (up to 90%), stock (up to 85%), plant and machinery (up to 80% over three to five years) and commercial property (up to 75% over up to 25 years), plus cash flow loans for MBOs, MBIs and acquisitions. Contracts typically run 1 to 5 years.

Asset Finance

Finance for machinery, vehicles and equipment over up to 7 years with fixed monthly repayments and a deposit typically of 10% plus VAT; sale and lease back refinancing can raise up to 75% of an owned asset’s value. Assets should be durable, identifiable, moveable and saleable.

Metro Bank says its finance is used for:

• Business expansion
• Short-term cash flow
• Releasing cash tied up in invoices
• Buying machinery, vehicles and equipment
• Management buy-outs, buy-ins and acquisitions
• Buying or refinancing business premises

Sectors and business types it says it funds:

• Recruitment
• Manufacturing
• Engineering
• Agriculture
• Construction
• Healthcare
• Hospitality and leisure
• Real estate

Metro Bank publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• Business Loan needs a Metro Bank Business Bank Account.
• Business Loans are generally for customers with £2 million turnover and under, with exceptions considered.
• Commercial Loan needs a Metro Bank Commercial Current Account.
• Overdrafts need a Metro Bank Business Bank Account.
• Invoice Finance doesn’t require a Metro Bank current account.
• Asset Based Lending has a minimum facility of £2 million and must include an invoice finance element.

Metro Bank describes its process like this:

1. For a business loan, visit a Metro Bank store.
2. For a commercial loan or overdraft over £60,000, contact your Relationship Manager or Local Director.
3. Apply for a Business Overdraft up to £60,000 in the Metro Bank App or in store.
4. Metro Bank carries out a credit check and creditworthiness assessment.
5. Brokers register as introducers through its online form and are given a dedicated broker team.

Every application is subject to status and the lender’s own criteria at the time.

A commercial mortgage is a long-term loan secured on business premises or investment property. Lenders look at the property’s value, the deposit, and whether the business’s profits or the rent comfortably cover the repayments.

Banks often lend across several products, from overdrafts to asset finance, and some can offer facilities under government schemes. See government-backed business loans for how those work.

Our guide to commercial mortgages and bank lending explains the costs, who it suits and how to compare offers.

Points Metro Bank publishes that are worth knowing:

• Says it will likely need security for business and commercial loans; security may be required for overdrafts.
• Business loans are applied for in store; commercial loans through your Local Director or a specialist team.
• Overdrafts are reviewed usually annually and it reserves the right to withdraw or reduce them.
• When we checked on 15 October 2026, its asset finance team was based only in its Guildford store.

Security and guarantees

It says it will likely need some security for business and commercial loans. Overdraft security may include guarantees from directors, members or third parties and security over property or a bank account. Any property used as security, which may include your home, may be repossessed if repayments are not kept up.

Metro Bank’s site states: “We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.”

You can check any firm’s permissions on the FCA’s Financial Services Register, listed in the sources below, before you sign anything.

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of commercial mortgages and bank lending with profiles here include NatWest, OakNorth Bank and Royal Bank of Scotland. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.