Close Brothers named UK's 'Best Factoring & Invoice Discounting Provider' for fifth year in a row

Business-Moneyfacts-Awards Winner
Fifth consecutive win for Close Brothers

Close Brothers Invoice Finance has been named the UK’s Best Factoring & Invoice Discounting Provider at the 18th annual Business Moneyfacts Awards, held on Wednesday 21st March 2018.

The awards, which celebrate excellence in the business and commercial finance sector, saw professionals from leading financial institutions and trade bodies across the country gather at the Royal Lancaster Hotel in London last night.

Close Brothers beat nine other companies to protect its position as the best provider of factoring and invoice discounting in the UK. Finalists were judged against rigorous research and expert feedback to ensure that each award was presented to the company that has offered the best products, highest levels of service or greatest innovation over the last 12 months.

Commenting on the win, CEO David Thomson said: “We’re delighted to have been awarded Moneyfacts’ ‘Best Factoring & Invoice Discounting Provider’ Award for the fifth year in a row.

“Given the strong competition Close Brothers was up against in the invoice finance category, it is a terrific achievement to defend our position as the best provider in the industry. We are proud of the dedication and commitment our team consistently demonstrates to give SMEs improved access to appropriate funding.  

“We understand that cashflow is vital for SMEs to continue trading and grow, and that is why we work hard to get to know our clients’ businesses and increase awareness of the benefits of invoice finance as a sustainable form of business funding.

“I would like to take this opportunity to extend my sincere thanks to all of our customers and intermediaries for their continued support."

Moneyfacts winner