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News releases

The growth of online retail has driven a significant increase in the number of companies in the Transportation and Storage sector since 2013, Paragon Bank analysis has revealed. 

Paragon Bank research shows flexibility and quality of the relationship are the key drivers of satisfaction with an invoice finance provider for both SMEs and introducers.

Paragon continues to support UK SMEs, providing a facility of up to £700,000 to support working capital needs of Kent-based recruitment firm, Gaia Newton Associates Ltd.

Paragon Bank’s Construction Finance team has strengthened its regional presence with the appointment of Business Development Managers, Chris Shaw and Kelly Matthews.

Paragon Bank continues to support UK SMEs during coronavirus, providing a £50,000 Bounce Back Loan (BBLS) to Leeds-based concrete supplier, Ready Mix Ltd.

Paragon Bank continues to support UK SMEs during coronavirus, providing a £120,000 CBILS loan to Uxbridge-based plumbing and draining firm, Jet Clean Maintenance Ltd.

UK SMEs have pivoted their business towards social media communication and online distribution as a result of the first coronavirus lockdown, Paragon Bank research has revealed. 

UK SMES are taking the learnings from the first wave of the pandemic and implementing them permanently in their businesses, Paragon Bank research has revealed.

Paragon Bank continues to support UK SMEs during coronavirus, providing a £130,000 Coronavirus Business Interruption Loan (CBILS) loan to Worcester-based engineering firm, GDK Engineering Company Ltd.

Paragon Bank is enabling three Leicestershire-based sisters to follow in the footsteps of their father by providing funding to establish their plant hire business, FinniGroup Ltd.