Metro Bank, has launched a professional services offering, to provide short term funding for the sector.

The new offering includes asset finance, professional indemnity insurance (PII) funding, IT finance, and tax funding, and will initially be available to solicitors and accountants, before being extended to other professions.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Richard Saulet, director of Metro Bank Invoice and Asset Finance said: "Those within the professional services frequently face having to invest significant sums of money to enable them just to practice, let alone grow. We hope that our new funding line will relieve some of this burden, directly benefitting our customers."

The announcement followed Metro Bank’s successful completion of a £400m capital raise, together with its listing on the Main Market of the London Stock Exchange in March this year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.