Paragon Bank has increased the interest rates across its one, two, three and five year fixed rate bonds in order to offer more choice for savers looking for competitive fixed rate options.

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 Bank has urged savers not to miss out on building tax free savings through ISAs, as industry data shows ISA category growth is 36 times slower than the non-interest bearing market 

Paragon Bank has enhanced its portfolio product range with the launch of two remortgage only products.

Paragon Development Finance is launching a new product for loans between £400,000 to £1 million, further strengthening its support of UK SME developers.

The average easy access non-ISA balance has increased 10% year-on-year, from £9,995 to £10,989, as the easy access market continues its upward trajectory. 

Paragon Bank has provided an £5.4 million funding package to Hawthorne Meadows Homes Ltd, part of Ground Group Ltd, to support a Derbyshire-based housing development of 39 homes.

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.

The award-winning ISA provider has re-issued its Triple Access ISA account, which is paying a rate of 0.40%, in order to increase ISA options available to savers ahead of the end of the tax year.