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News releases

New research from Paragon Bank  revealed that 54% of UK SMEs have already either met or exceeded pre-pandemic turnover levels, with more than nine in ten feeling positive about their recovery.

Paragon Bank has provided a £785,000 finance package to support the acquisition of Exeter-based logistics business, STR Logistics, following the retirement of owner. 

Paragon Bank has provided a £975,000 finance package to Midd Engineering, a Coventry-based specialist engineering business, to support the takeover by a new owner after it was sold last year.  

Paragon Bank’s construction finance team has strengthened its regional presence in the Midlands and South West with the appointment of business development manager Todd Auger.

Paragon Bank has continued its support for UK companies impacted by coronavirus by providing a £200,000 CBIL to Kingfisher Leisurewear, a Shropshire-based family business.