Close Brothers is one of the UK's most established specialist asset finance lenders, with a dedicated commercial vehicle team and a consistent appetite for rigid trucks from 7.5t to 32t GVW. As a DBF broker partner, we can access Close Brothers rates on your behalf and compare them against the wider market.
Close Brothers Rigid Truck Finance Rates - October 2026
| Finance Type | Indicative APR | Term | Min Deposit |
|---|---|---|---|
| HP - new rigid | 4.5–7.5% | 24–60 months | 10% |
| HP - used rigid (up to 5 yrs) | 6.5–9% | 24–48 months | 10% |
| HP - used rigid (5–10 yrs) | 8–12% | 12–36 months | 15% |
| Finance Lease - new/nearly new | 4.5–8% | 24–60 months | N/A |
| Contract Hire | POA | 24–60 months | N/A |
Who Close Brothers Will Lend To
- Limited companies, LLPs, partnerships, and sole traders
- Businesses with 12+ months trading history (shorter tenure considered case-by-case)
- Clean or near-clean credit profile
- Hauliers, logistics operators, building merchants, food distributors
Vehicle Types Accepted
- Curtainsiders, box trucks, flat beds, tautliners, refrigerated rigids
- 7.5t, 12t, 18t, 26t and 32t GVW configurations
- New, ex-demo, and used vehicles (up to approximately 10 years old at end of term)
- Standard bodywork; non-standard modifications assessed individually
Advantages
- Competitive rates on new and recent rigids
- Sole traders actively considered
- Decisions typically within 24–48 hours
- Strong appetite for curtainsiders and standard rigids
Limitations
- Not suited to adverse credit profiles
- Older vehicles (>10 years) may be declined
- Non-standard bodywork requires individual assessment
- Start-ups with under 12 months trading may need a specialist lender