Press releases

Paul Reynolds has been appointed Regional Sales Manager for the North East and Yorkshire at Paragon Bank’s SME Lending division.

SMEs have been forced to extend the life of their existing assets as global supply chain issues reduce the availability of new assets, Paragon Bank research has found.

Nearly half of mortgage brokers expect the volume of buy-to-let portfolio limited company lending they write to increase in the next 12 months, research undertaken by Paragon Bank has revealed.

Paragon Banking Group’s ‘The Peaky Climbers’ took on the National Three Peaks Challenge this weekend, completing the 23-mile walk in 24 hours and raising £8,352 for Newlife.

Stewart Good joins Paragon as Sales Director for SME Lending. 

Paragon Bank has increased rates across a raft of fixed-rate, ISA and Notice savings accounts. 

Nine in 10 UK SMEs have reported hikes in their energy costs in 2023, with companies increasing their own prices and investing in their operations to help mitigate the impact.

Paragon Bank has added a limited-edition Discounted Standard Variable Rate (SVR) product to its range of buy-to-let mortgages, offering portfolio landlords the chance to ‘track to fix’.

Acorn Homes has secured a £5.9 million finance facility from Paragon Bank’s Development Finance division to support the development of 44 new apartments in Taunton, Somerset.

Monmouthshire-based metal fabrication experts DKP Engineering has acquired a new press brake, thanks to asset financing from Paragon Bank.