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December 1, 2021

Close Brothers Leasing adds sales manager

By Alejandro Gonzalez

Close Brothers Leasing has appointed Richard Baker to the role of sales manager to help drive the team’s growth ambitions and to focus on a number of products, including its block discounting and vendor plans.

Baker (pictured below) has over 15 years’ financial services experience, working with some of the UK’s leading funders in a range of roles and sectors, including energy, broker, vehicle management, and wholesale funding, Close Brothers said in a statement. 

Baker said: “I’m delighted to have joined the team at Close Brothers Leasing and look forward to help grow the business within its target markets.

“The team has a very strong reputation and I’m really pleased to be a part of it. I feel like I’ve hit the ground running and the next few years promise to be exciting ones as we grow and expand our operations.”

James Fletcher, leasing sales directoradded: “Getting someone of Richard’s calibre on board speaks volumes about our commitment to our brokers and their clients.

“With his experience and extensive relationships, Richard is a perfect fit for the team, working alongside like-minded colleagues who share his commitment to customer service.

“I know it won’t take long for Richard to form a detailed understanding of our lending appetite and ability to help brokers and their clients to thrive through all economic cycles.”

Close Brothers Leasing

Through a network of intermediaries and brokers, Close Brothers Leasing provides specialist, structured finance to the UK middle ticket market, with transactions typically over £250,000 in value. This is achieved through several areas of financing:

  • Transactions secured against assets that have long-term value and solid resale potential
  • Formulating solutions for non-standard transactions, where a deeper knowledge of the asset plays a large part in understanding the customer’s needs and options
  • Considering the health of the business rather than the value of the asset to offer covenant-based lending solutions, where well-established businesses demonstrating repayment ability enables the provision of funding for mission-critical investments
  • Funding of receivables and refinancing

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