Notification of a further rate change from Close Brothers Premium Finance - effective from 8th September 2023

Close Brothers' premium finance rates are directly linked to the Bank of England base rate and are automatically adjusted when that rate changes.

Following the recent Bank of England base rate decrease, we’re pleased to confirm that our net rate with Close has reduced as follows:

  • Rates for loan profiles of 9 instalments and above will decrease by 0.15%
  • Rates for loan profiles of 8 instalments and below will decrease by 0.05%

This change applies to all Cobra Network Close Brothers rates effective . . .

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