A BRIGHTON company has been named the UK’s Best Factoring and Invoice Discounting Provider for the fourth year in a row

Close Brothers Invoice Finance won the awards at the annual Business Moneyfacts awards held at the Lancaster London Hotel.

More than 600 industry professionals from leading financial institutions and trade bodies gathered at a special dinner hosted by Romesh Ranganathan.

Awards were presented to those companies and brokers who have consistently offered the most competitive products, the best levels of service and shown the greatest innovation in the business and commercial finance world over the last 12 months.

CEO David Thomson said: “We’re thrilled to have beaten off strong competition and been named the UK’s Best Factoring and Invoice Discounting Provider for the fourth year in a row.

“To win this accolade again is a terrific achievement and one that demonstrates the dedication and commitment of our nationwide team to improving access to finance.

“We understand that obtaining appropriate funding continues to be a challenge for many SMEs and that is why we work hard to increase awareness of the benefits of invoice finance as a sustainable form of business finance.

“I would like to take this opportunity to genuinely thank all our customers and intermediaries who voted for us and for their continued support.”

Close Brothers Invoice Finance is a leading, independent provider of invoice finance to both SMEs and large businesses throughout the UK, Ireland and Germany.

It is a member of Close Brothers Group Plc.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading.

It employs more than 3,000 people, principally in the UK.

It is listed on the London Stock Exchange and is a member of the FTSE 250.