Close Brothers Asset Finance is a core part of our lender panel for established businesses financing used or new trucks. We submit applications to Close Brothers alongside the rest of our panel to ensure you receive the most competitive deal available.
Lender Spotlight
Close Brothers Asset Finance - HGV Finance Spotlight
Close Brothers Asset Finance: hire purchase, finance lease and contract hire arranged by an independent, whole-of-market broker. No obligation.
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Doulton Money Limited · FCA No. 814533 · No obligation enquiry
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- We'll email you back with any additional questions, then match you with the right specialist for your situation.
- A specialist independent broker will contact you to discuss your situation and present options.
Written by David Doulton · Last updated November 2026
Close Brothers Asset Finance is one of the UK's leading specialist asset finance lenders, with a long track record in commercial vehicle, plant and machinery lending. Part of Close Brothers Group plc (a FTSE-listed UK merchant banking group), Close Brothers Asset Finance is known for strong appetite on used trucks, competitive pricing for established businesses and a genuinely commercial approach to asset finance.
FAQs
Frequently asked questions
Why is Close Brothers good for used truck finance?
Close Brothers has deep expertise in commercial vehicle residual values and has been lending against HGVs for decades. Their understanding of used truck values means they can structure competitive deals that some newer lenders can't match.
What trading history does Close Brothers typically require?
Close Brothers typically want to see 2 years' filed accounts. They are less flexible than Aldermore on newer businesses, but more competitive for established operators.
Can Close Brothers do sale-and-leaseback?
Yes. Close Brothers is active in sale-and-leaseback transactions for commercial vehicles. This allows operators to release equity from their existing fleet. We can arrange this alongside new asset finance.
Doulton Money Limited t/a Doulton Bridging Finance. FCA No. 814533. Company No. 14303203. 20 Wenlock Road, London N1 7GU. Commercial vehicle finance is not regulated by the FCA. Rates indicative only. Subject to credit assessment, trading history, asset type, operator licence status and lender criteria. Rates correct November 2026.