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Santander named top business bank

by: Mortgage Solutions
  • 25/03/2011
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Santander named top business bank
Santander has won four awards, including Best Business Bank of the Year, at the 2011 Business Moneyfacts Awards.

Held at the London Marriott Hotel Grosvenor Square last night, more than 400 people attended the awards, recognising business and commercial finance providers, brokers and trade bodies with the best products, service and innovation over the last year.

BM Solutions was named as best buy-to-let mortgage provider, while Godiva Mortgages won the award for best service from a buy-to-let mortgage provider.

Drawbridge took home the award for best bridging finance provider and Masthaven Bridging Finance was named as having the best service from a bridging finance provider.

In addition, Barclays Bank and Santander Business Banking were named best commercial mortgage provider and best service from a commercial mortgage provider respectively.

Lee Tillcock, editor of Business Moneyfacts, said: “The challenges for the commercial finance sector still remain and the balance between meeting regulatory mandates and increasing funding lines will provide the biggest test for the industry through the next 12 months.

“The need to continue the good work that has been started is vital and a continued commitment to quality and product choice displayed by the worthy finalists and eventual winners for these awards is of paramount importance.”

The Business Moneyfacts Awards 2011 winners in full were:

Best Buy-to-Let Mortgage Provider: BM Solutions

Best Service from a Buy-to-Let Mortgage Provider: Godiva Mortgages

Best Commercial Mortgage Provider: Barclays Bank

Best Service from a Commercial Mortgage Provider: Santander Business Banking

Best Bridging Finance Provider: Drawbridge

Best Service from a Bridging Finance Provider: Masthaven Bridging Finance Ltd

Asset Based Finance Broker of the Year: Touch Financial Support

Commercial Mortgage Broker of the Year: B&P Finance Consultants Ltd

Best Business Current Account Provider: Santander

Best Notice Business Deposit Account Provider: Investec Bank (UK)

Best No Notice Business Deposit Account Provider: Santander

Best Business Fixed Account Provider: Principality Building Society

Best Charity Account Provider: Lloyds TSB

Best Online Banking Provider: HSBC

Best Business Card Provider: American Express

Best Offshore Business Deposit Accounts: Yorkshire Guernsey Ltd

Best Factoring & Invoice Discounting Provider: Venture Finance Plc

Best Leasing & Asset Finance Provider: Lombard

Best Business Motor Finance Provider: Arval

Best Service from a Asset Based Finance Provider: BNP Paribas Leasing Solutions

Best Business Protection Provider: Zurich

Best Business Recovery Specialist: MCR

Best Corporate Finance Boutique: Precision Corporate Finance

Business Product Innovation of the Year: Lloyds TSB (Market Linked Deposit)

Innovation in SME Finance Sector: Barclays (Take One Small Step)

Best Service from a Business Bank: HSBC

Business Bank of the Year: Santander

Outstanding Achievement Award: The Federation of Small Businesses

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