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About us

Close Brothers Asset Finance offers a range of flexible funding solutions to UK SMEs, and has been since 1987.

We are a part of Close Brothers Group plc

Close Brothers are a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. We employ over 3,000 people, principally in the UK, and are listed on the London Stock Exchange.

Close Brothers Modern Merchant Banking

Close Brothers Asset Finance was founded in 1987

Since then we have grown and expanded, and now have multiple offices across the UK including our head office in Wimbledon, as well as offices in Chester, Burton, Glasgow, Sidcup and Manchester.

Just like in 1987, we remain focused on markets and services we know and understand. We have developed long-term relationships with our customers to fully understand their intricate business operations in order to support their long term growth.

An office building

Why choose Close Brothers for Asset Finance?

Just as no two businesses are the same, neither are asset finance providers. With us, it’s the combination of our people, products and principles that make the difference.

Our people

Our people

As you would expect, our people are experts in asset finance. But they also have extensive knowledge of your industry. This experience means our team really understand the challenges their customers face. You can rely on them to be a consistent and proactive point of contact, on hand throughout the life of the finance contract and beyond, building lasting relationships.

Our products

Our products

Our straightforward products and services are designed to promote business investment and growth. We don’t provide standard packages, but consider all relevant aspects of your business and then create tailor-made, flexible repayment schedules to suit. With minimal capital outlay, our asset finance enables you to invest in new equipment or refinance existing assets to make them work harder for you.

Our principles

Our principles

We are committed to helping our customers make the right financial decisions. We base our lending decisions on the overall health and plans for the business – not just a credit rating. But we’re careful lenders too, a decision that fails to take account of risk factors and wider market forces is not in anyone’s interest. With local teams throughout the UK and Ireland, we can respond quickly to your requests for information and lending decisions. In fact, we aim to give you a decision within days, sometimes hours.

The SME Finance Charter

    We'll help you prepare for Brexit and beyond

    Our purpose is to help the people and businesses of Britain thrive over the long term. We work with a wide variety of businesses of many sizes to help support their growth, improve their infrastructure or invest in new assets, and have a deep understanding of our customers’ needs and the markets they operate in. Our relationship managers are always there to discuss any concerns or requirements you may have, and to help make sure you have access to the finance you need when it matters the most.

    We're open for business and ready to lend

    Our prudent model, based on a strong financial position and balance sheet, has allowed us to continue to lend and support our customers in a wide range of market conditions over the last 30 years. Many of our businesses lend principally to SMEs, both through our direct sales force and via broker distribution channels. This includes our Asset Finance business, which provides commercial asset financing, hire purchase and leasing solutions for a diverse range of assets and sectors, and our Invoice and Speciality Finance business that works with over 2,000 small businesses providing debt factoring, invoice discounting and asset-based lending. We are confident that this model will serve us well in this period of heightened uncertainty and stand ready to continue supporting our customers over the long term, whatever Brexit brings.

    We'll support your application and signpost other options if needed

    We pride ourselves on understanding the needs of SMEs and on helping them to achieve their ambitions. Our specialist expertise and deep industry knowledge allow us to support our customers’ unique commercial ambitions, and by better understanding businesses and their communities our local teams can make fast, reliable lending decisions when they need them the most.

    We'll treat you fairly at all times

    Our code of conduct and key customer principles ensure that we seek the right outcomes for our customers, always endeavour to ensure our pricing is fair and appropriate, and are clear and consistent in the way we communicate. Taking the time to understand and build strong long-term relationships with our customers is part of our culture, and we care strongly about delivering excellent service and thinking that is both entrepreneurial and disciplined, and always acting with integrity.

    We will work with the Government-owned British Business Bank to support SMEs

    We remain committed to our ongoing positive dialogue with the British Business Bank, and are dedicated to identifying solutions for SMEs aligned with the goals of the British Business Bank programmes.

    Resources to help growing businesses understand and discover different finance options are available through the British Business Bank’s Finance Hub.