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SMEs are ready to ramp-up investment, with fresh spending on assets and expanded workforces, Paragon Bank research has found

Greater Manchester-based waste management specialists SED Services has expanded its operations with the acquisition of a state-of-the-art composting site, thanks to funding from Paragon Bank.

London and Essex-based crane hire specialists DSM Contract Lifting Services has added over £1 million of assets to its fleet after securing financing from Paragon Bank.  

Conwy-based fencing contractor S.E. Metcalfe has added a new post driver to its operations after securing asset financing from Paragon Bank.

Leicestershire-based welfare cabin provider Reactive Hire has added a number of new environmentally friendly units to its fleet thanks to asset financing from Paragon Bank.

Over half of all UK SMEs expect to increase their workforces by the end of 2023, despite nearly two thirds claiming their sector suffers from skills shortages, new Paragon Bank research has found.

Increasing demand for high environmental standards is providing businesses who invest in ESG with a competitive advantage and the opportunity to grow revenue, new Paragon Bank research has found.

SMEs in the agriculture sector are set to overcome national economic challenges and are forecasting growth and fresh investment for 2023, Paragon Bank research has found. 

Transport SMEs are set for a confidence boost thanks to improvements to turnover, new Paragon Bank research has found. 

Manufacturing SMEs are set to put the economic challenges of last year behind them and plan on invest in their businesses and recruit more staff thanks to increased turnover.