Metro Finance

1. Core Services

Metro Finance focuses on specialized lending rather than administrative management:

• Commercial Asset Finance: Tailored loans (Chattel Mortgages) for SMEs and sole traders to buy vehicles and heavy equipment.

• Consumer Car Loans: Competitive fixed-rate financing for individuals.

• Novated Lease Funding: Providing the underlying finance for salary-packaged vehicles.

• Equipment Lending: Finance solutions for diverse business assets beyond just cars.

2. The Metro Advantage

Unlike large institutional banks, Metro Finance offers a more agile, tech-driven approach:

• Independent Non-Bank: Offers greater flexibility and faster processing than traditional big banks.

• Broker & Packager Focused: They work directly with a vast network of finance brokers and salary packaging providers.

• Capital Strength: Highly trusted by global investors, recently settling $900 million in asset-backed securities.

• AAA Credit Rating: Their financial structures hold top-tier 'AAA' ratings from S&P Global.

3. Key Benefits for Borrowers

• Fast Approvals: Using advanced technology and AI to deliver credit decisions, often within 24–48 hours.

• EV Specialization: A market leader in Electric Vehicle lending; EVs now represent over 16% of their portfolio.

• Competitive Rates: Fixed-rate structures provide certainty for business budgeting and personal financial planning.

• Digital Innovation: Utilizing CXone AI and LLMs to streamline the customer experience and profile management.

4. Important Considerations

• Distribution Model: Metro primarily operates through brokers, so you’ll typically interact with them via your finance professional.

• Specialist Lender: They focus strictly on asset and vehicle finance rather than general credit cards or home loans.

• Lending Criteria: While flexible, they maintain high credit standards to protect their AAA-rated portfolio.