What is this lender known for in van finance?
Close Brothers is known for genuine underwriting expertise - credit decisions made by experienced people who understand commercial vehicles, not just credit scores. It's particularly strong for complex cases or sector-specific requirements.
Typical criteria
- Established businesses (typically 2+ years)
- Higher asset values preferred (£25k+)
- Turnover to support repayments
- Construction, haulage and logistics sectors preferred
- Some appetite for restructured or complex credit
When would DBF recommend this lender?
Why use an independent broker?
Close Brothers is not a lender that individual businesses typically approach directly. It works primarily through brokers and introducers. As your independent broker, we have a direct relationship with Close Brothers' asset finance team and can present your application with full context.