Shawbrook Bank receives commercial mortgage award
04 April 2012
Written by David Whittaker
Shawbrook Bank was commended in the recent Business Moneyfacts awards.
It won Best Service from a Commercial Mortgage Provider, which editor of Business Moneyfacts Lee Tillcock said was due to its high levels of customer service, "straightforward, no-nonsense attitude" and commonsense decision-making.
He called Shawbrook Bank the "clear winner" of the recognition, which follows a busy year that included the firm buying additional lending companies and changing its name.
It was also praised for its flexible approach to approvals and lending.
The enterprise was only launched in October 2011 and it said it was "delighted" to have won the commendation at such an early stage in its history.
Business Moneyfacts Awards are seen as evidence of excellent service and are the UK's "largest business finance awards", the commercial mortgage specialists declared.
Shawbrook revealed it now intends to improve its services and build upon these successes, which will help its partners to increase their reach in the mortgages for business market.
New business director for the firm Stephen Johnson said demand for the company's products has been significantly higher than it expected when it set up.
Establishing the corporation effectively at the same time as delivering its services is entirely due to the commitment and quality of Shawbrook Bank's staff, he declared.
The representative thanked all of the firm's partners, as these organisations provided it with support and helped it to achieve the recognition.
"We are still shy of our first year in the market," he pointed out.
MyIntroducer.com also named Shawbrook Bank as the Best Secured Loan Lender of the Year, with its selection based on 3,400 votes from people who work in financial services.
Mr Johnson said receiving both of these commendations represents a "real endorsement" from the sector, revealing the desire for no-nonsense straightforward money lenders in the industry.
Since its launch, the bank was determined to "do things differently" than its competitors, he remarked.