Last night the 2014 Business Moneyfacts Awards took place in a glittering ceremony at the prestigious Lancaster London Hotel. The evening event celebrated the best of the business finance world, highlighting those companies and brokers who excelled in the field and consistently offered the most competitive products, the best levels of service and the greatest innovation in the business and commercial finance world over the last 12 months.
Industry professionals from leading financial institutions and trade bodies gathered at the event, hosted by comedian John Culshaw, all clamouring to hear who would be crowned in each category. The winners are chosen based on in-depth technical analysis from the Moneyfacts research team to determine who truly out-performs, so the industry can be sure that those winners really do excel in their respective categories.
Lee Tillcock, editor of Business Moneyfacts, said: "The last year witnessed continued focus on the business finance sector from those interested parties keen to boost economic recovery. No one would deny that many challenges face businesses and continue to test all those involved in the commercial finance sector.
"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. Now in our 15th year, the Business Moneyfacts Awards recognise those providers and brokers involved in the business finance world who have made a firm commitment to excellence that will serve them well during the next year."
There were delighted winners, disappointed losers and a few unexpected results thrown into the mix, creating a memorable event for those attending. But who managed to come out top?
As might be expected, there were a few well-known names doing the rounds. Lloyds Bank, Santander and Barclays were jostling for position in several categories, with all taking the crown at least once – Santander for Best Business Current Account Provider and Business Start-up Bank of the Year; Lloyds for Best Commercial Mortgage Provider, Best Charity Account Provider and Business Bank of the Year; and Barclays for Best Business Card Provider (through Barclaycard) and Product Innovation of the Year.
Aldermore took home two awards, one for Innovation in the SME Finance Sector and one for Best Business Fixed Account Provider, while other winners included HSBC (Best Online Banking Provider), Skipton (Best Service from a BTL Mortgage Provider), Brightstar Financial (Commercial Finance Packager of the Year), Dragonfly Property Finance (Best Bridging Finance Provider) and Allied Irish Bank (Best Service from a Business Bank).
Here at Moneyfacts.co.uk we'd like to extend our congratulations to all the winners. We hope you enjoyed the night and that you'll display your trophies with pride!
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