Metro Bank has joined the National Association of Commercial Finance Brokers (NACFB) as a patron lender, giving the trade body’s members access to its commercial lending products.
In its recently published annual results for 2021, Metro Bank stated its intentions to expand its commercial lending business.
It lends between £250,000 and £15m for commercial lending and will consider all business sectors.
Asset finance lending begins from £15,000 up to £5m. On invoice finance, the bank will lend between £100,000 and £2m.
Simon Neale, head of commercial intermediaries at Metro Bank, said: “We are thrilled to reaffirm our relationship with the NACFB. The organisation’s excellent reputation and diverse networks make it an important partner as we drive commercial lending through its range of expert intermediaries.”
Norman Chambers, NACFB managing director, added: “The return of Metro Bank to the NACFB fold is a very welcome one. The move marks a real commitment to intermediary-led commercial lending.
“We look forward to partnering with the Metro team to help support UK SMEs via their growing product range.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS