Over a third of SMEs have operated a machinery asset for longer than planned due to supply chain issues impacting the availability of new variants, Paragon Bank research has revealed.

Denbighshire-based grounds management experts 360 Ground Care has boosted its operations, thanks to new assets secured through Paragon Bank funding. 

Newcastle-based precision engineering specialist EDM Zone has added a high-class Mitsubishi Electric EDM machine to its operations, thanks to financing from Paragon Bank.

Paragon Bank SME Lending Managing Director John Phillipou has been appointed Chair of the Finance & Leasing Association. 

UK SMEs are planning to increase investment on the back of improved confidence and financial performance, new Paragon Bank research has found.

Kent-based Keaveney Plant Hire Ltd has added a state-of-the-art Suction Excavator to its fleet, thanks to financing from Paragon Bank.

Bradford-based carton board packaging company Cartonage is looking to a greener future with the installation of new solar panels on the roof of its premises, financed by Paragon Bank.

Paragon Bank has supported plant hire specialists Ashbrook’s silver anniversary celebrations by sponsoring its custom-designed, silver-coated excavator to raise funds for Cancer Research UK.

Leading automotive supplier and manufacturer Brands Hatch Performance (BHP) has expanded the range of services available to customers after seucring asset and invoice financing from Paragon.

Paul Reynolds has been appointed Regional Sales Manager for the North East and Yorkshire at Paragon Bank’s SME Lending division.