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Close launches its manufacturer division

Close Motor Finance has launched a manufacturer division as part of its strategic growth plan.

The division will be led by Chris Reid, who will take the role of manufacturer development director, and he will be tasked with strengthening existing partnerships with manufacturers and will look for new relationships.

Close has worked with Suzuki Motorcycles GB for two years but wants to increase its manufacturer business.

Reid said: “The manufacturer strategy is key to our business growth ambitions over the next few years.

“Being the fastest growing UK independent point-of-sale finance provider and with the support and stability of Close Brothers Group, means we are in a favourable position to actively pursue manufacturer relationships whilst maintaining our unique proposition in the motor finance market.”

Close said the new division is already talking with several manufacturers with a view to forging “longstanding strategic partnerships”.

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