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Find all the latest case studies from Paragon Bank.
Paragon’s SME Lending division provided SED Services with funding to obtain a state-of-the-art composting site, supporting the growth of its operation and expanding its range of recycling solutions.
SED Services offers cost-effective, environmentally friendly and safe recycling solutions for non-hazardous wastes that can be spread back on the land as feed for soil - recycling the nutrients and reducing greenhouse gas emissions.
The freshly acquired facility is located in Kirkby and has, so far, recycled more than a million tonnes of green waste that would have previously gone to landfill. It will support SED Services deliver contracts secured with the Greater Manchester Waste Authority and five of the six Merseyside Authorities.
Recognising both the potential for the new facility and the strength of SED services operations, Paragon was pleased to fund the remaining capital necessary to acquire the Kirkby site.
Chris Shaw, Paragon Business Development Manager for Construction, led the deal. Follow the link to connect with Chris on LinkedIn.
“Working with Paragon has been a breath of fresh air. After talking with other banks and finding their processes time-consuming and cumbersome, Paragon provided us with the support required in a timely and efficient manner, enabling us to acquire the Kirkby facility and expand our operation.”
“Paragon took the time to understand our business, saw the potential for the Kirkby facility, and share our passion for providing customers with high quality and environmentally friendly services.”
Debbie Baldwin, SED Services
“It has been a pleasure working with SED Services and I’m delighted that we have provided them with the financing necessary to secure the Kirkby site. We share their passion for protecting the environment and I can’t wait to see the facility go from strength to strength.”
“It is vital that fantastic businesses, such as SED Services, are able to access the funding they need to invest in their operations – and Paragon is proud to support Britain’s SMEs and the role they play in driving growth in the national and regional economies.”
Chris Shaw, 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.
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