THE Metro Bank – the first High Street bank to open in more than 100 years and famous for welcoming dogs into its branches – is expanding its appeal with a new commercial division looking to assist small businesses.

The bank has just appointed a former Barclays banker to the post of managing director of its commercial banking.

“I am delighted to join Metro Bank,” commented Mark Price, the newly appointed managing director of commercial banking at Metro Bank.

“I believe this is the best banking model for business customers. The combination of a focus on customer service, experienced local managers making local lending decisions, and face to face banking available seven days a weeks means commercial customers can finally get the best from their bank.”

Metro Bank says its business and commercial banking proposition – which includes lending to local businesses and cash management facilities – will help small businesses based in local communities get the most from their bank at a time when access to finance for SMEs is still difficult.

Metro Bank is currently limited to just four branches – or stores as the bank calls them. Three in London (Holborn; Earl’s Court; Fulham Broadway) and Borehamwood, Hertfordshire. However, Metro Banks says it plans a rapid expansion across Greater London over the next 10 years.

“Businesses, small and large, are the lifeblood of our economy and deserve a better banking experience,” continued Mr Price.

“We will offer local lending to local businesses – with lending decisions based on their relationship with Metro Bank. Whether the goal is working capital, commercial mortgages or expansion funding, Metro Bank can help businesses in a number of ways.”

Apart from its focus on being dog-friendly, Metro Bank offers extended opening hours with stores open seven days a week for retail and commercial customers (8am-8pm Monday to Friday; 8am-6pm Saturday; 11am-4pm Sunday), 361 days a year.

Seven days a week bank now offers commercial banking