Close Brothers Asset Finance has a strong history of helping businesses meet their emission targets by either upgrading or converting their vehicles. The people responsible for this is the National Accounts & ESG team, who are a team of asset finance experts who work with businesses across the UK, specialising in dealer and manufacturer relationships with a focus on new and emerging technology in the Transport sector.
They look at Alternative Fuel Vehicles (AFV), including EV and Hydrogen, Last Mile Delivery Solutions, Charging and refuelling infrastructure and other low emission alternatives to the traditional ICE markets.
According to Andrew New, Head of National Accounts & ESG, early engagement with new and developing technology is key, as they strive to understand the challenges the sector is facing.
We work closely with manufacturer and vendor partners to create bespoke funding solutions and increase sales to the end user markets with Hire Purchase, Finance Lease and Operating Lease structures.
We assist in the purchase cycle by dealing directly with the end user customers to create a bespoke solution that matches their requirements.
We focus on the traditional ‘heritage’ markets, as well as the new and emerging technologies in both established vehicle classes, along with the new to market products that are being produced to be compatible with the net zero targets for the UK and Europe.
How can Close Brothers Asset Finance help?
The team offers flexible finance solutions to help businesses convert or upgrade their fleet of vehicles to meet emission requirements.
Vehicle conversions – the team can help businesses who are looking to convert their current vehicles to meet the requirements. They can make this possible with tailor-made, practical refinance options.
Refinancing allows you to quickly release funds from your existing vehicles and re-invest this into the conversion,
explained Andrew.
We also provide flexible finance solutions to help businesses purchase new, compliant vehicles.
Our people are experts in asset finance and consider all relevant aspects of a business to create tailor-made, flexible repayment schedules to suit most situations.
Q&A with Andrew New
Head of the National Accounts & ESG team
Meeting emission targets is an increasing focus for vehicle and fleet owners across all sectors, and is something Close Brothers Asset Finance has strongly focused on. In this Q&A with Andrew New, Head of the National Accounts & ESG team, we find out more about him and the team.
What’s your background?
I have over 25 years’ experience in the asset finance sector and established the National Accounts team in April 2017, taking on the additional remit of leading our work in ESG within the commercial transport sector in January 2022.
What is your team responsible for?
The National Accounts and ESG team is responsible for developing and maintaining relationships with manufacturers and dealers across the UK to provide funding solutions to end user customers who are looking to acquire increasingly expensive, but essential, assets for day-to-day business use.
We focus on the traditional ‘heritage’ markets, as well as the new and emerging technologies in both established vehicle classes, along with the new to market products that are being produced to be compatible with the net zero targets for the UK and Europe.
What are your ambitions for the future?
To have a market-leading team that can assist with both established and new applications for the sector, working closely with product offerings that are already available. We also want to work closely with all manufacturers as new and bespoke solutions are being developed to have a full and firm understanding of not only the ‘now’, but also the future.
At Close Brothers Asset Finance, we strive to be experts in all our fields and have proven to be so in the Transport sector for over 35 years. This is a trend we intend to continue as the whole market goes through the most profound change since the introduction of the ICE engine.
By immersing ourselves we will be able to advise and guide both our partners and our customers as they undertake the change to zero emission logistics.
