We use cookies to track usage and preferences.

Fast-growing private rented sector (PRS) owner manager G2M Group has secured a £25 million finance facility from Paragon Bank to support the company’s ambitious growth targets.

Paragon is growing its Structured Lending business with a series of appointments after surpassing £150 million in new lending.

One of the UK’s largest guarantor lenders, UK Credit, has secured over £17.5 million in funding from Paragon.

Commercial lending at Paragon has increased by 58% to £0.71 billion for the nine months to 30 June 2019 as the bank continues to grow its finance proposition for Britain’s businesses.

Paragon’s Structured lending business has committed over £100 million to clients as its latest deal supports specialist car lender Go Car Credit.

Paragon Bank’s specialist Structured Lending Team is helping debt recovery services company Lantern as part of a syndicate of lenders providing a £15 million senior revolving credit facility.

Paragon Bank’s specialist Structured Lending Team is helping fintech finance company DivideBuy develop its market leading technology.

Paragon’s Commercial Lending division has doubled new lending in the past year with every product line showing strong levels of growth, Q1 Trading Update shows.

Paragon Bank’s specialist Structured Lending Team is helping fintech finance company Duologi grow its portfolio to £1 billion in five years.

Paragon Bank’s specialist Structured Lending Team has helped PayBreak, the digital point of sale finance company, invest in plans for growth with an additional £15m of funding.

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