Press releases

Paragon Bank’s SME Lending division has provided an £800,000 finance package to Telford-based Stokey Plant Hire to modernise its fleet through the purchase of three new pieces of equipment. 

Paragon Bank has launched a new refurb-to-let proposition, offering landlords finance to upgrade their properties.

Paragon Bank has simplified its buy-to-let mortgages proposition, removing the differentiation between portfolio and non-portfolio landlords to make it simpler for brokers to find products for clients

Over eight in 10 landlords are reporting strong levels of tenant demand, Paragon Bank research has revealed. 

Savers have revealed their savings priorities, with holidays, buying a home, building financial security and putting money aside for retirement topping the list, Paragon Bank research reveals.

Leeds-based property developer Bankhead Group has secured a £2.5 million funding package from Paragon Bank’s Development Finance division for a new build apartment scheme in Ilkley, Yorkshire.

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.