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Paragon adds new recruits to boost vehicle finance expansion in the Midlands and South East

  • Challenger bank Paragon grows specialist vehicle finance team
  • Experienced hires boost support for businesses in the Midlands and South East
  • New recruits central to Paragon’s regional growth plans for 2018

UK challenger bank and specialist lender, Paragon, is kicking off 2018 with two new appointments to its fast-growing, vehicle finance team.

The new recruits, Simon Coulton and Ian Tranter, will boost Paragon’s support for customers operating in the Commercial Vehicle and Transport and Logistics sectors as the bank continues to develop its ambitious plans to grow its vehicle finance operations across the UK.

Both highly experienced in funding wheeled assets, Simon will develop Paragon’s business in the South East and Ian will cover the Midlands.

Simon has previously worked with ARI, Hitachi and Lombard to provide funding for car fleets, LCV and HGV assets.

Ian joins after 17 years at Lombard, where he provided fleet solutions for cars and LCVs and gained extensive experience across all HGV categories working with the RBS corporate banking team.

Dale Trenam, Sales Director for Paragon’s vehicle finance team said:

Ian and Simon will bring a wealth of experience in commercial vehicle finance to Paragon customers in the Midlands and South East. Their specialist knowledge of the transport sector combined with their in-depth insight into each of the wheeled asset categories will enable us to develop tailored solutions to help a growing number of customers move their business forward.

Gary Leitch, Managing Director of Asset Finance at Paragon said:

With a strong heritage in commercial vehicle finance, we’re looking forward to developing our business during 2018 through a structured regional development plan. Adding expertise in the Midlands and South East gives us the opportunity to increase competition and choice for customers operating from these key regional centres.

24 January 2018