Close Brothers Asset Finance
Close Brothers Asset Finance provides business loans from £5,000 to £5,000,000 with terms ranging from 12 to 84 months, specialising in equipment and vehicle finance.
Last checked on September 4, 2026. We may earn a commission when you click through.
Close Brothers Asset Finance
Updated 1 month agoAPR Range
—
Amount
£5k–£5M
Term
12–84 months
Type
business
You'll be redirected to closebrothersaf.com
Our Verdict
Close Brothers Asset Finance offers substantial loan amounts and quick approvals, making it for businesses in need of equipment or vehicle financing. However, businesses must ensure they can provide the asset as collateral, which could limit options for some.
Best For
UK-based businesses requiring substantial financing for equipment or vehicles and can provide collateral.
Watch Out
Approval requires the asset to be financed as security, which may not suit all businesses.
Pros
- Wide loan range from £5,000 to £5,000,000
- Fast approval process (1-3 days)
- Specialist in equipment and vehicle finance
- Flexible hire purchase and lease options
Cons
- Requires asset as security
- Interest rates can vary significantly
- Potential communication delays during peak times
Full Review
This service for its impressive loan range of £5,000 to £5,000,000, which caters to small and large businesses alike. The 1-3 day approval time is notably efficient, allowing businesses to access funds quickly. However, the requirement for the financed asset to serve as security can pose a challenge for companies without sufficient collateral.
Customer service experiences are generally positive, but as with any lender, some users report communication delays during peak times. that while the terms are flexible, the interest rates can vary significantly based on the asset and business profile, so reviewing the official site for the most accurate figures is advisable. Unlike some competitors, Close Brothers offers both hire purchase and lease options, allowing businesses to choose the most suitable financing method.
Nonetheless, companies with lower credit scores may face higher costs or more stringent approval processes. Overall, this provider is those needing substantial asset financing, but always assess the risks involved with asset-backed loans.
Who Is This For?
UK-based businesses that need significant financing for vehicles or equipment and can provide the necessary collateral.
What Borrowers Say
Customers generally appreciate the quick approval times and the flexibility of financing options, though some mention communication issues during busy periods.
Summary
Close Brothers Asset Finance provides business loans between £5,000 and £5,000,000 with terms of 12 to 84 months, specialising in equipment and vehicle financing.
About This Loan
Requirements
- UK-based business
- Asset being financed serves as security
- Hire purchase and lease options
- Specialist in equipment and vehicle finance
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