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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.

SMEs have been forced to extend the life of their existing assets as global supply chain issues reduce the availability of new assets, Paragon Bank research has found.

Stewart Good joins Paragon as Sales Director for SME Lending. 

Nine in 10 UK SMEs have reported hikes in their energy costs in 2023, with companies increasing their own prices and investing in their operations to help mitigate the impact.

Monmouthshire-based metal fabrication experts DKP Engineering has acquired a new press brake, thanks to asset financing from Paragon Bank.