Finance for the materials handling industry

Providing specialist finance for dealerships in the materials handling industry

Our dedicated and experienced team only specialise in materials handling finance to help you source the equipment and vehicles your business needs. We use our extensive knowledge and understanding of the materials handling industry to help you choose the right finance options for your dealership and customers.

Specialist finance products

We provide a range of finance solutions for materials handling assets, including Hire Purchase (also known as Lease Purchase) and Contract Hire, allowing businesses to finance equipment and vehicles, such as pallet trucks, scissor lifts and reach forklifts.

We also provide a Master Hire facility for fixed and minimum term agreements. This means our materials handling customers can review and sign one master document and direct debit mandate in advance, enabling them to request assets – including equipment and vehicles – as and when required with only the need to sign a one-page schedule.

This results in less paperwork and a more efficient turnaround time.

Dedicated service

We pride ourselves on our service levels and quick response. Your dedicated Relationship Manager will work with you to structure finance deals, providing flexibility on terms to meet current market demands and offer competitive rates.

A team of credit underwriters and sales support specialists will also provide you with quick decisions and same day pay-out on delivery on your materials handling finance.

Dedicated App

Quick and simple proposals process

Our materials handling dealers and their sales teams can access our user-friendly app, providing a quick and simple method of calculating equipment or vehicle rentals and submitting proposals.

Accessible both online and offline, the app is available via laptops, mobile phones, tablets, and desktop devices – ideal when the sales team is on the move.

Key features:

Standalone calculation tools for equipment & vehicle pricing
Submit proposals directly to us for credit underwriting
Propose single and multi-truck deals

Typical materials handling assets we fund include:

Counterbalance fork trucks
Reach forklifts
Pallet trucks (walk-behind, ride-on, and electric)
Reach stackers
Access platforms
Scissor lifts
Order pickers
Sweeper dryer equipment (walk-behind, ride-on, and robotic)
Electric utility vehicles
AGVs and robotics (automated guided vehicles)

Meet our UK-wide team

Andrew Woodward, Managing Director

Andrew has more than 36 years’ experience in asset finance, specialising in materials handling. He has successfully headed-up materials handling finance teams in previous roles and has developed a wealth of knowledge and experience during this time. He is proud to have developed strong long-term relationships with dealers and manufacturers.

Focusing on consistent high service levels for our customers, Andrew continues to align industry expectations with the Close Brothers service offering.

Andrew is Joint President of the UK Material Handling Association, having been a long-standing board member/Chair of the Forklift Truck Association.

Louise Hanlon, National Sales Director

Jonathan Gee, Sales Director

Joe Silva, Regional Sales Manager

I have had the pleasure of dealing with Close Brothers for material handling finance for a little over a year now. I have had nothing but great customer service; a really easy, user-friendly app, fast credit decisions, and they are always looking to help in any way possible. Overall I would recommend Close Brothers to anyone looking to finance any material handling equipment due to their outstanding customer service and support.

The way you explained everything to us was above and beyond and greatly appreciated. In the 23 years I have been dealing with finance companies this is the first time anyone has taken the time to explain their product in such an effortless and informative manner. We are really looking forward to strengthening our working partnership with yourselves going forwards.

The Close Brothers Materials Handling team could not be more professional, accommodating, and easy to work with.