Award win scores Close a hat-trick at the Business Moneyfacts Awards

In an industry first, Close Invoice Finance (Close) has been named Best Factoring and Invoice Discounting Provider for the third consecutive year.

We scooped the title at the prestigious Business MoneyFacts Awards after seeing off competition from five other leading Invoice Finance providers to win the coveted prize for the fourth year in total. Close triumphed in the same category three times before, at the 2002, 2006 and 2007 events.

The day was made even more memorable as Close also achieved 'highly commended', in the Innovation in Finance category for their market-leading paperless invoice discounting system, IDeal.

IDeal is Close's flagship service - a first-to-market online financing system which releases more funding than traditional providers by operating a real-time exchange of payment and cash-flow.

This latest accolade serves as a further endorsement to our business offering which consistently ranks top of the industry for quality of service (20% higher than the industry average) in independently-commissioned client satisfaction surveys.

"We're delighted to have won this prestigious award for the third year running - particularly as both the nomination and final selection process are entirely independent," revealed David Thomson, Chief Executive of Close Invoice Finance.

"This award acknowledges Close's achievements in what has been an extremely busy and productive year for us all - including the rollout of our paperless invoice discounting service, IDeal, which has gained significant ground as businesses get turned on to the benefits that hassle-free invoice discounting brings."

It's certainly been a successful few months in the award stakes for Close. IDeal won the Innovation in Business prize at the Sussex Business Awards 2007/08 and Close also won the Best use of business-to-business ecommerce in the Financial Sector Technology awards 2008.

If you'd like to find out more about IDeal or Close's portfolio of invoice discounting and factoring services please visit www.closeinvoice.co.uk or call 0800 220 257 to discuss your requirements.