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Paragon has provided a £500,000 Coronavirus Business Interruption Loan (CBILS) to Norfolk based plant hire firm, Newall Plant Ltd, continuing its support for UK firms impacted by coronavirus. 

British savers have put a record amount of money aside during May 2020 as the Covid-19 lockdown entered its fourth month, but nearly 40% of easy access balances are earning a rate of 0.1% or less. 

Paragon Bank has provided a £4.6 million funding package to residential property developer Archway Developments to support the development of The Lakes, fourteen executive homes in Northampton.

Paragon Bank has urged savers to ensure they are making the most of tax-free savings as figures show that the number of ISA openings has halved this year.

Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £135,000 CBILS loan to Powys-based technical moulding and manufacturing business, Hadley Hargreaves.

Paragon Bank has provided a £24.3 million funding package to property developer Aitch Group to fund the completion of Empress Works, a mixed-used development in Bethnal Green, London.

Specialist SME lender Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £250,000 CBILS loan to Southampton-based printing firm Indigo Press.

Four out of 10 brokers expect to write more buy-to-let business in the next 12 months, Paragon Bank’s Financial Adviser Confidence Tracker (FACT) Index has revealed.

Paragon Bank Managing Director of Mortgages Richard Rowntree comments on the implications for the buy-to-let market of changes to Stamp Duty Land Tax.

Paragon Bank’s Development Finance division is bolstering its support of housing growth in the South West.

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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