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DKP Engineering adds new press brake thanks to Paragon funding

DKP Engineering resize.jpg

  • Location: Pontypool, South Wales
  • Asset: Press Brake
  • Paragon Deal team: Wayne Hall

Monmouthshire-based metal fabrication experts DKP Engineering has been able to broaden the size and complexity of projects it can undertake after it acquired a new press brake, with the support of asset finance from Paragon Bank.

The Pontypool firm specialises in bespoke pre-designed and on-site engineering solutions and secured five-figure funding to add the press brake to its existing operations.

Founded in 2001 by Jonathan Kendall, DKP Engineering provides clients with mechanical maintenance, pipework installation and machine moving services. 

The Selmach-supplied Morgan Rushworth PBXS comes with a 3100mm bending length and a 200-tonne capacity, enabling DKP Engineering to increase the size and complexity of the projects it can undertake. 

Wayne Hall, Paragon’s Business Development Manager for Manufacturing, led the deal. Follow the link to connect with Wayne on LinkedIn.

 “We are committed to delivering exactly what our customers require and, thanks to the financing we have secured from Paragon, we can now undertake larger, more complex projects.

 “Working with Wayne Hall and Paragon has been a fantastic experience. They took the time to understand our business and delivered a financing solution that was ideal for our requirements.” 

Jonathan Kendall, DKP Engineering

“Manufacturing SMEs are at the heart of UK economy and, due to the vital role they play in supporting industry, it is essential that they have access to the equipment necessary to deliver projects for clients.

 “It was a pleasure to work with DKP Engineering and I am delighted that the addition of the Morgan Rushworth PBXS to their operations will help them to go from strength to strength.”

Wayne Hall, Paragon Bank Business Development Manager

Find out more about how we can support your business on our SME Lending page. To see more of what the SME team get up to, make sure you’re following their LinkedIn page here.

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