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News releases

Paragon Bank appoints Yolande Eastwood as Commercial Vehicle Dealer Finance Manager

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Paragon Bank has strengthened its SME Lending team with the appointment of Yolande Eastwood as Commercial Vehicle Dealer Finance Manager.

Yolande will be responsible for managing the South of England and Wales regions, reporting into Dale Trenam, Head of Transport at Paragon SME Lending. Yolande’s appointment will see Paragon proactively seeking new and used HGV and LCV dealerships, whilst maintaining existing relationships. The role combines supporting and developing funding options, supporting dealers to sell more units.

Paragon created the role earlier this year to support commercial vehicle dealerships across the country, as well as their suppliers. The team focuses on providing a secondary funding option for commercial vehicle dealerships to complement manufacturer finance options. Jamie Thompson was appointed Dealer Finance Manager for the North region earlier this year.

Yolande joins Paragon from Blue Motor Finance Ltd, where she was a Senior Area Sales Manager, and prior to that she worked at DealTrak Ltd, where she was a Business Development Manager.

Yolande commented: “I am absolutely thrilled to have joined Paragon Bank. The great culture and product offering will aid commercial vehicle dealers to deliver a value proposition and service to their customer base. I look forward to meeting many more dealerships and sharing what we do here at Paragon Bank.”

Head of Transport, Dale Trenam, said: “I’m delighted to welcome Yolande into our transport team. Yolande specialises in business development and account growth in the commercial vehicle dealership world. Our Dealer finance strategy has been well received in the market after its launch in January, with several new major dealer group agreements now in place from a standing start. There’s a real opportunity for growth over the next few years, with Yolande at the helm in the South of England and Wales.”

For further information contact:

Annette Coyle
Media Relations Executive
Tel: 0121 712 2526

www.paragonbank.co.uk 

Notes to editors:

Paragon is a leading provider of buy-to-let mortgages for landlords with property portfolios, both big and small, through its portfolio and non-portfolio range.

Paragon lends to private individuals and limited companies and has mortgages suitable for single, self-contained properties, as well as HMOs and multi-unit blocks. Paragon can accommodate higher aggregate lending limits and more complex letting arrangements including local authority leases and corporate leases along with standard ASTs.

Paragon introduced its first product aimed at the professional property investor in 1995 and is a member of UK Finance, the Intermediary Mortgage Lenders Association (IMLA), National Landlords Association (NLA) and the Association of Residential Letting Agents (ARLA). 

Paragon Bank PLC a subsidiary of the Paragon Banking Group PLC which is a FTSE 250 company based in Solihull in the West Midlands. Established in 1985, Paragon Banking Group PLC has over £12 billion of assets under management and manages over 450,000 customer accounts.

Paragon Bank PLC is authorised and regulated by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands, B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551.