Close Brothers

Introduction

Close Brothers Business Finance are part of Close Brothers Group plc, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. Close Brothers employ over 3,500 people, principally in the UK are listed on the London Stock Exchange and is a member of the FTSE 250.

Close Brothers Business Finance offer a range of flexible funding solutions to UK SMEs, specialising in lending to SMEs through a network of finance brokers providing hire purchase, lease and refinance solutions for a diverse range of assets and sectors, to support customers to grow, improve their infrastructure and invest.

"From the outset, we have found Acquis a great company to work with, not least because of the great people in their team. Their insurance programme provides us with very good protection and a value-add service for our customers. It enables us to offer our customers a range of high quality products."

Ian Willetts
Sales Director

Solution

Close Brothers Business Finance have been working with Acquis for over 5 years, originally selecting Acquis as their equipment insurance provider due to their reputation for integrity and specialist knowledge in the market. From the start, they found Acquis approachable and proactive to deal with.

The Acquis Insurance programme provides Close Brothers Business Finance with the reassurance that equipment is correctly covered by a high-quality insurance policy, enabling them to reduce risk in their portfolio. And because Acquis track insurance on the equipment for the life of the lease, they are provided with total peace of mind that leased equipment is adequately protected. The fast repair or replace service that Acquis offers provides Close Brothers Business Finance with the reassurance that in the event of damage or loss to equipment, clients are able to operate their businesses without interruption.

By outsourcing the management of customer services and claims to Acquis, Close Brothers Business Finance are confident that their interests are properly protected by a professional operation with specialist expertise in equipment insurance. Partnering with Acquis for equipment insurance has significantly reduced the administrative burden, and has simplified the regulatory requirements associated with alternative insurance programmes.

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"We decided to partner with Acquis in 2010. When deciding upon an outsourced insurance provider, it was very important for us to choose a partner that is truly an expert in their field and that could deliver the highest level of service to us and to our customers. We also wanted a solution that maximised our income opportunity and significantly reduced our insurance administration. By all measures, Acquis have proven to be an excellent choice of partner and I would not hesitate to recommend them to other funders in Europe."

Mike Quinn
Head of Technology Lifecycle Services UK, BNP Paribas Leasing Solution.

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"Investec Asset Finance plc has been partnered with Acquis since 2010. From the very beginning their knowledge of the industry and attention to customer service has been evident, providing us with comfort that the high expectations required of a regulated service provider will always be met. Their flexibility in setting up the structure of the scheme, along with the reporting and operational detail has been invaluable, enabling a process to be created which has fitted seamlessly into our own."

Andy Hart
Head of Corporate Bank, Investec

Get in Touch

To learn more about protecting your leased assets and maximising the return from your financed equipment portfolio, call us today on 0800 320 520, or complete the enquiry form.

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