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Business Moneyfacts Awards

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Close Invoice Finance wins Business Moneyfacts Award for fourth year running

27th March 2009

In an industry first, Close Invoice Finance has been named Best Factoring and Invoice Discounting Provider for the fourth consecutive year at the prestigious Business Moneyfacts Awards held last night in London.

The invoice finance specialist, part of the FTSE 250 merchant banking group Close Brothers Group PLC, saw off competition from five other leading invoice finance providers to win the coveted prize. This is the fifth time in total that Close Invoice Finance has won the award, having triumphed in 2002, 2006, 2007 and 2008.

David Thomson, Chief Executive Officer of Close Invoice Finance said:

“We’re delighted to have held onto the top position, becoming the only company to have won the prestigious Business MoneyFacts Best Factoring and Invoice Discount Provider award four years in a row.”

He continued:

“The award for ‘Best Provider’ is a fantastic endorsement of the quality of our customer service and sustained product innovation including most recently the development of IDeal Protection Plus™ which provides our clients with full cover should any debtors fail to meet payment terms.”

“The last year has been one of our busiest and most productive as we have supported clients in navigating some of the toughest market conditions of recent times. We are proud that our efforts have been recognised and that we continue to set the standard for the industry.”

These latest accolades come just months after Close was awarded at The Global Business Excellence Awards and The Computing Awards for Excellence. At the latter awards, Close won ‘Outstanding Technology Solutions’ and ‘Best IT Strategy’.


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