Close Brothers wins UKs Best Factoring & Invoice Discounter award

The invoice finance specialists were also a finalist in the ‘Best Service from an Asset Based Finance Provider’ category.

Hosted by impressionist and comedian Jon Culshaw, and judged by the intermediary and business community, the Business Moneyfacts event is the largest awards ceremony on the business finance calendar.

Commenting on the award, CEO David Thomson said: “We’re delighted to have been named the UK’s Best Factoring and Invoice Discounting Provider, especially as it was such a hotly contested award, with high street lenders such as RBS and Santander, as well as independents including Aldermore and Bibby all in the running.

“The award is testament to how hard our nationwide team works to best meet the needs of our varied client base, and to our commitment to educating the marketplace on the benefits of invoice finance as a sustainable form of business funding.

“We know that access to finance remains an area of concern for SMEs, it will take some time for that aspect of the economy to return to ‘normal’. However, we are proud to have provided a funding lifeline to many businesses during uncertain times, and we will continue to offer tailored invoice finance and asset based lending solutions as firms begin to plan for growth again,” he added.