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Whether you’re manufacturing for the UK markets or manufacturing for export, we understand the importance of being able to continually invest in equipment and new technology to maintain your competitive edge.
That’s why we’re supporting the British manufacturing industry with a variety of financing options to help with the acquisition of the assets required to maintain our position as one of the largest manufacturing nations in the world.
With a wealth of experience funding across a wide spectrum of manufacturing assets, from engineering machine tools to food processing equipment, including both new and used assets, our bespoke solutions can include seasonal payment plans and flexible terms to get you up and running with minimal initial outlay.
Whichever industry you operate in, our experienced team has a wealth of experience funding across a wide spectrum of manufacturing assets. Whether you need help financing machinery and manufacturing equipment for print and packaging, food processing, engineering, glass cutting or labelling systems, no proposal is too complicated or complex for us to consider.
We will work with you and our asset managers to help find the right finance package for you and your business. Speak to our local Business Development team today or get in touch using our online enquiry form.
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We understand that sustainability is now an important priority in the manufacturing industry. Businesses are seeking ‘greener’, innovative ways to improve the products they make and improve the way they make them, reducing their environmental impact.
We’re on a similar sustainability journey, so we understand the challenges and the opportunities to minimise a company’s carbon footprint. That’s why we’re helping businesses like yours meet your sustainability goals by supporting UK manufacturing companies with green asset finance options.
So, if you’re looking for a green funding solution to help your business take its next sustainability step, speak to our team today.
We provide a range of funding solutions tailored to your individual requirements, including Hire Purchase, Finance Lease, Operating Lease and Sale and Hire Purchase Back.
A typical machinery finance loan will be over 5 years, but loan terms between 24 and 84 months are possible. To find out more about our bespoke packages, speak to us today.
We’re committed to helping British businesses on their journey to success. Find out how we’ve supported other businesses with funding for their latest manufacturing equipment.
Our funding package helped Brands Hatch Performance start in-house manufacturing and introduce credit line facilities.
Our funding package assisted Cartonage in cutting its energy costs and improving its carbon footprint through the installation of solar panels.
Hurstbourne Forge have acquired a new press brake to expand operations, thanks to funding from the SME Lending team at Paragon Bank.
DKP Engineering acquired a Morgan Rushworth PBXS press brake to existing operations after securing Paragon funding.
In the latest of our series of interviews, we spoke to Business Development Manager, Wayne Hall, about his new role in SME Lending and what he’s looking forward to.
The Government have announced an extension of the £1 million tax break for businesses to stimulate investment. Find out what this means for the UK manufacturing industry.
Download our latest report, An SME Led Recovery, to find out the key trends impacting manufacturing SMEs in Q2 - and learn more about how they are investing for the future.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551