Supporting Scottish SMEs
Offering a range of innovative and flexible business finance solutions.
Contact us today: 01355 572383Make an enquiry
Close Brothers Asset Finance’s Scotland team is made up of industry specialists working together to support business growth across Scotland.
Working from our Glasgow and Inverness offices, the team operates across all of Scotland and is focused on providing competitive and individually tailored asset based finance to support four key sectors: fairground, renewables, transport and agriculture.
Our customers benefit from our local knowledge and extensive experience, coupled with a regional underwriting team based in Glasgow, allowing us to provide informed credit decisions quickly and efficiently.
Read our case studies to see how we’ve provided a number of SMEs with funding solutions:
Why Scottish SMEs choose Close Brothers Asset Finance
We work with a number of Scottish businesses who are either looking to grow to cope with demand, or just require a cash injection.
Our specialist team will work with you to find the best and most effective solution for your business from our range of competitive, flexible finance solutions to meet your business needs. This might involve providing funding for investing in new assets, or restructuring your existing borrowings to introduce additional working capital.
We won’t ask you to move your bank account
High street banks will often require companies to move their business bank account before they can gain access to all of the bank’s financial support products. When working with our team, however, you get immediate access to our full suite of products, whilst retaining your existing banking relationship.
We will give you a prompt decision
We understand how important it is to you and your business that you receive a prompt answer once an application is made. Our offering is not restricted by banking covenants, which means we can make informed credit decisions quickly.
Corporate Scotland
We also have a dedicated Corporate Scotland team offering a consultative approach to helping you achieve your business goals.
Each member of our team has over 20 years’ in the industry, and will draw on this experience to review your current funding package and explore how our products can help you free up working capital in line with your growth aspirations.
As a Corporate customer, you will be assigned a dedicated relationship manager with access to specialist divisions across the wider Close Brothers group. They will research a range of cash flow and asset solutions for you, in order to shape a funding package designed for your specific requirements.
Our Corporate team will also look at complex and non-standard transactions which could involve multiple suppliers both here and abroad.
Our offering
Our corporate team have access to a range of flexible finance options. If you are interested in any of the additional solutions we offer, contact us today.
Asset finance
Asset finance solutions are a flexible approach to funding that give your business access to the equipment, vehicles, plant and technology it needs to perform, without compromising cash flow.
Hire purchase – Spread the cost of an asset for your business over time
Refinance – A quick way to access the value of assets on your existing balance sheet and redeploy that value elsewhere within your business
Acquisition Finance – A source of funding utilising the value of the assets held within the balance sheet of the proposed acquisition
Renewables – Specialist small to medium scale funding of renewable energy projects
Unit stocking – Short term funding for commercial vendors
Invoice finance
Invoice finance provides your business with a steady cash flow injection by releasing the capital locked up in unpaid invoices. We pay up to 90% of the value of your unpaid invoices the moment they are raised.
Invoice discounting – Confidential and quick access to up to 90% of your unpaid invoice value
Invoice factoring – Similar to invoice discounting, the only difference is that we collect the payments on your behalf, giving you more time to focus on the day-to-day running of your business
Asset based lending – Asset based lending (ABL) blends invoice finance with funds released against other business assets, such as stock, property, plant and machinery, providing additional capital than invoice finance alone
Technology Services
We bring together technology management and funding expertise to accelerate your business outcomes.
Technology acquisition – Source the right technology at the right cost
Technology funding – Fund all of your technology needs with terms tailored to you
Technology management – Enhance technology and data management processes
Technology recovery – Retire and re-use technology assets in a secure, compliant and sustainable way
