Press releases

Paragon Bank’s SME Lending division has facilitated a £2.75m funding solution to support Shilling Group’s acquisition of Telford-based specialist logistics company Simmonds Transport.  

Elevate Property Group has secured a £21.1m funding facility from Paragon Bank to support the second phase of its Silk Yard development in Liversage Street, Derby. 

Adam Zadora has joined Paragon Bank’s SME Lending division as Business Development Director in the Broker team. 

BRiCS Development has secured an £11.55 million finance facility with Paragon Bank’s Development Finance team to acquire a new site in Earnley, West Sussex.

Nearly half of active cash ISA savers are seeking to invest early in the new tax year to take advantage of the tax-free wrapper, Paragon Bank research has revealed.

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, research carried out on behalf of Paragon Bank has revealed.

The proportion of buy-to-let properties purchased in Southern England fell to a record low last year, Paragon Bank analysis has revealed

Paragon Bank’s Development Finance division has announced an expansion of its Green Homes Initiative by an extra £100 million to support developers building energy-efficient homes. 

Blackpool-based JOB Logistics has expanded its business and opened a new recycling centre, Blackpool and The Fylde Recycling Centre, thanks to long-term support from Paragon SME Lending. 

Paragon Bank’s Development Finance division has supported real estate investment management company Frogmore with a £17.55m funding facility.