Press releases

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 SME Lending Division has supported Chesterfield-based plant company SH Plant Ltd to purchase two trucks through an asset finance funding solution of £400,000. 

Paragon Bank’s SME Lending Division has unveiled a new structure for its Sales function, bolstering both the Broker and Vendor teams, while retaining a clear focus on its specialist markets.

Over a third of SMEs have operated a machinery asset for longer than planned due to supply chain issues impacting the availability of new variants, Paragon Bank research has revealed.

Denbighshire-based grounds management experts 360 Ground Care has boosted its operations, thanks to new assets secured through Paragon Bank funding. 

Newcastle-based precision engineering specialist EDM Zone has added a high-class Mitsubishi Electric EDM machine to its operations, thanks to financing from Paragon Bank.

Paragon Bank SME Lending Managing Director John Phillipou has been appointed Chair of the Finance & Leasing Association. 

UK SMEs are planning to increase investment on the back of improved confidence and financial performance, new Paragon Bank research has found.

Kent-based Keaveney Plant Hire Ltd has added a state-of-the-art Suction Excavator to its fleet, thanks to financing from Paragon Bank.

Bradford-based carton board packaging company Cartonage is looking to a greener future with the installation of new solar panels on the roof of its premises, financed by Paragon Bank.