Paragon Bank has supported plant hire specialists Ashbrook’s silver anniversary celebrations by sponsoring a custom-designed, silver-coated excavator to raise funds for Cancer Research UK.

The Cheshire-based business was founded in 1998 by Managing Director James Ashbrook. Over the past 25 years, Paragon’s SME Lending division has supported the firm with over £4 million in finance agreements.

To mark the occasion Ashbrook has decorated the Cat 308 excavator by wrapping it in silver vinyl and allowing supportive businesses to add their branding to it for the cost of a donation to Cancer Research – which Paragon was pleased to support.

The bespoke machinery will enter Ashbrook’s fleet and will be used on sites from September. Whilst being an eye-catching addition to the sites it operates in, the excavator will continue to perform and deliver to meet customers’ expectations.

Paragon’s sponsorship was led by Todd Auger, Business Development Manager in the FTSE250’s Construction Finance team.

Mike Ashbrook, Ashbrook Commercial Director adds: “We’re really pleased that Paragon have chosen to back this initiative. They’ve been a valued supplier of ours for many years and it’s great to see their logo on the side of the digger, alongside others who have supported us. 

“It’s important to our business that we use this opportunity to raise funds for a remarkable charity, Cancer Research UK. We’re grateful to Paragon for sponsoring the excavator and building on our longstanding relationship with Todd and the team.”

Todd Auger, Business Development Manager in Paragon's Construction Finance team, added: “We’re proud to have been a partner to Ashbrook over the past 25 years and sponsoring the silver excavator makes this project all the more meaningful.

“The SME Lending team and Ashbrook have a fantastic rapport and, since our initial deal, our collaboration has grown from strength-to-strength. It’s been a pleasure to work with Ashbrook and support its growth over recent years and I look forward to supporting the company further in the years ahead.”

For further information contact:

Annette CoyleMedia
Relations Executive
Tel: 0121 712 2526
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.