Stewart Good has been appointed Sales Director for SME Lending at Paragon Bank.

As Sales Director for SME Lending, Stewart will lead Paragon’s provision of specialist asset financing solutions to help UK businesses innovate, adapt and grow. He will report to Paragon Bank Managing Director of SME Lending John Phillipou.

Stewart has over 30 years of experience in asset and equipment finance and joins Paragon from Shawbrook Bank, where he was Head of Indirect Channel. Prior to Shawbrook, Stewart held asset finance-related roles at Propel Finance, Midlands Asset Finance and Aldermore Bank, after starting his career at GE Capital and Key Equipment Finance.

Commenting on his appointment as Paragon’s Sales Director for SME Lending, Stewart Good said: “This is a vital time for SMEs seeking growth after the challenge of recent years. Companies are looking to invest in fresh assets and prepare for the future; I’m excited to work with them to not only deliver growth for businesses, but also for the wider economy.

“Paragon has a clear desire to support British SMEs. It grew lending to SME customers by 21% in the first half of its financial year and has invested heavily in its digital proposition to benefit customers and intermediaries. Paragon is well placed to support companies through its strong sector-focused teams and the experience of its workforce – and I greatly look forward to leading Paragon’s exceptional team of dedicated SME lending specialists.”

Commenting on Stewart’s appointment Paragon’s Head of SME Lending, John Phillipou, said: “Stewart brings a wealth of experience to Paragon, supporting SMEs that will be of substantial benefit to businesses planning for growth and expansion.

“As SME lending specialists, Paragon is dedicated to working with and supporting businesses throughout the UK via bespoke financing solutions. Stewart’s appointment further enhances the service we are proud to provide.”

For further information contact:

Tom Frew
Media Relations Manager
Paragon
E: [email protected]
www.paragonbank.co.uk 

Notes to editors:

Paragon Bank PLC a subsidiary of the Paragon Banking Group PLC which is a FTSE 250 company based in Solihull in the West Midlands. Established in 1985, Paragon Banking Group PLC has over £14 billion of assets under management, helping more than 340,000 customers to achieve their ambitions.

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.