Santander fought off fierce competition to win the much-coveted Business Bank of the Year for the fourth year in succession.
Steve Pateman, Head of UK Corporate and Commercial Banking said he was 'delighted' to have won the Business Bank of the Year Award.
HSBC was Highly Commended in the category, with Barclays Bank receiving the Commended award.
Over 500 industry professionals from the leading financial institutions and trade bodies gathered at a special dinner hosted by Alexander Armstrong.
Awards were presented to those companies and brokers that have consistently offered the most competitive products, the best levels of service and shown the greatest innovation in the business and commercial finance world during the last 12 months.
"Following another year in the spotlight there is little doubt that the challenges facing businesses continue to test all those involved in the commercial finance sector," said Lee Tillcock, Editor of Business Moneyfacts.
HSBC netted the Business Product Innovation of the Year Award for its Employer Loan, with the Highly Commended prize awarded to Lloyds TSB for the Monthly Priceplan; Unity Trust Bank was Commended for its Select Account.
Additionally, Dragonfly Property Finance was the winner of the Best Bridging Finance Provider.
"The last year has seen both providers and brokers continue to offer their expertise and support and the industry has managed to encourage growth whenever possible," added Mr Tillcock.
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