Close Brothers Group Is a merchant banking company that provides financial support and advice to small businesses in the U.K. The company was founded in 1878 by William Brooks in partnership with his brothers Fred and James Close. Initially, it specialized in offering farm mortgages in Iowa. It has since evolved and now operates through five segments of Commercial, Retail, Property Asset Management, and securities.
Close Brothers Group Plc. offers asset finance as well as asset-based lending and short term bridging finance. It also offers funding services for general aviation aircraft among other leisure and commercial vessels. Similarly, it offers financial education, investment management, and financial planning and advice services.
The company was listed on the London Stock Exchange in 1984 and has its headquarters in London.