Close Motor Finance has announced that it will re-brand to Close Brothers Motor Finance as of November 1.

This is a strategic move to align the firm more closely with its parent company, Close Brothers; UK merchant banking group and member of the FTSE 250.

The re-brand is an important step in the progress of the company and its new brand identity sees the adoption of a new trading name, an updated company logo, revised marketing material and updated website and systems.

Managing director of Close Brothers Motor Finance James Broadhead (pictured) said: “The business was founded in 1988 and since then we have expanded steadily.

“We are very proud of our heritage and the service we provide as an independent lender, but we also recognise the benefits of having the backing of a strong parent company and the rebrand reflects this.

“It’s very much business as usual, and our dealers can be assured that they will still receive the same great, flexible service that they know and trust”, said Broadhead.

“We are continually looking for ways to improve our service to our dealer partners and add value to their business. By aligning ourselves more closely with the wider Close Brothers group we underscore our shared values of service and integrity.”