Helping businesses
We actively support the Small to Medium-sized Enterprise market in the UK through our Corporate, Commercial and Business Banking divisions and year on year lending has grown, with balances up 27% as we continue to exceed the targets agreed with HM Treasury. Our commitment to small businesses remains a priority.
Our Business Banking division manages business customers with an annual turnover of up to £250,000 and we offer a range of good value products and services, helping small businesses to lower their costs and make a difference to their bottom line. With our simple low cost, fixed fee interest paying business current accounts, customers can be sure of what they pay each month, offering a real alternative to some traditional high street banks. Plus our range of deposit accounts offer some of the best rates of interest on the high street. By providing local, reliable support through our team of expert Local Business Managers we can meet our customers' needs and help support the growth of their business.
We provide information and advice to small business owners on our main website, producing a number of guides which can be found in the 'Business Advice' section, which look at topics such as managing cash flow, key issues in running a business, budgeting and cost control. We also have guides specifically designed to help start-ups, covering over 200 types of business.
Recognising the strength of our offering, in 2011 Business Moneyfacts named us 'Business Bank of the Year', 'Best No Notice Business Deposit Account Provider' and 'Best Business Current Account Provider'.
In these uncertain times, our customers have the reassurance of knowing that Santander in the UK has an exceptional balance sheet, a strong capital position and a careful approach to risk management, all of which means that our credit ratings are amongst the best of all UK banks.