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News releases

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. 

Paragon’s Commercial Lending division led new business growth for the banking group over the past year, Group annual results revealed today.

Paragon Bank has been named as Best Commercial Lender at the 2019 Lending Awards.

Paragon has been recognised for its work supporting UK based non-bank lenders at the 2019 Lending Awards.

Paragon is growing its Structured Lending business with a series of appointments after surpassing £150 million in new lending.

One of the UK’s largest guarantor lenders, UK Credit, has secured over £17.5 million in funding from Paragon.

Commercial lending at Paragon has increased by 58% to £0.71 billion for the nine months to 30 June 2019 as the bank continues to grow its finance proposition for Britain’s businesses.

Paragon’s Structured lending business has committed over £100 million to clients as its latest deal supports specialist car lender Go Car Credit.

Paragon Bank’s specialist Structured Lending Team is helping debt recovery services company Lantern as part of a syndicate of lenders providing a £15 million senior revolving credit facility.

Paragon Bank’s specialist Structured Lending Team is helping fintech finance company DivideBuy develop its market leading technology.