Close Brothers Asset Finance is one of the UK's most active lenders for commercial vehicle and specialist transport. For tanker finance, Close Brothers offers pragmatic underwriting backed by a dedicated asset finance team.
Close Brothers Tanker Finance Rates - October 2026
| Tanker Type | Indicative Rate (APR) | Term | Notes |
|---|---|---|---|
| New fuel tanker | 5.5-7.5% | 3-5 years | ADR cert required |
| Used fuel tanker (under 8yr) | 7-10% | 2-4 years | Condition report may apply |
| Vacuum tanker (new) | 6-8.5% | 3-5 years | Strong appetite |
| Vacuum tanker (used) | 8.5-13% | 2-4 years | Age and spec-dependent |
| Water bowser | 7-11% | 2-4 years | Trailer or rigid |
Indicative rates only. Subject to status and underwriting. Not a guaranteed offer.
Eligibility Criteria
Close Brothers typically requires a minimum of 2 years trading, a valid operator licence where applicable, clean or near-clean credit, and a deposit of 10-20% depending on asset age. ADR certification is required for fuel tanker applications.