Close Brothers has officially launched its new division, Close Brothers Broker Solutions, aimed at simplifying its market-leading Broker offering and providing Brokers with a single point of contact for all their needs.

The new division consolidates the services previously provided by Close Brothers Business Finance, Specialist Finance, Braemar Finance’s Broker team, and Corporate Asset Solutions. This unified approach offers Brokers a more streamlined experience and a simplified proposition.

Existing broker partners will continue to work with their dedicated contacts and are encouraged to explore the full range of financial products and services, including Hire Purchase, Refinance, Stocking Finance, and Block Discounting.

Richard Cameron

Richard Cameron, Managing Director of Close Brothers Broker Solutions, commented: “Since our initial announcement in April, we have worked hard to structure the team to deliver the best possible service to our Broker partners. Bringing all our capabilities together into a ‘one-stop-shop’ for Brokers was a well-planned process, and we believe it will provide a clear and straightforward proposition for those working with us.

“We have spent many years building a world-class Broker offering, supported by a talented and passionate team with expertise across a wide range of lending capabilities, from specialist car and sports funding to business-critical assets. This is something we are incredibly proud of.

“The coming years will be exciting, and I am looking forward to seeing our team play a key role in our continued growth and success.”

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Matt Roper, CEO of Close Brothers Commercial, added: “I have high hopes for Broker Solutions. The team has been brought together to form a strong, cohesive unit that will undoubtedly deliver excellent results.

“We listened to the feedback from our Broker partners, who saw value in consolidating our proposition and having all relevant information in one place. Our ability to adapt to market requirements and stakeholder needs has driven our success, and this is another example of how we prioritise working closely with our partners and customers.”