Bank de­sposits top award for help­ing SMEs

Solihull News - - BUSINESS NEWS - TAMLYN JONES tamlyn. [email protected] reach­plc. com

SOLI­HULL- BASED bank Paragon has won a na­tional award for its work sup­port­ing SME busi­nesses and growth in the UK.

As­set Fi­nance at Paragon earned the ti­tle of SME spe­cial­ist of the year at the Leas­ing World Awards 2018.

The bank pro­vides spe­cial­ist fund­ing through bro­kers or di­rect to com­pa­nies to equip small and in­de­pen­dent firms in in­dus­tries in­clud­ing con­struc­tion, com­mer­cial trans­porta­tion, avi­a­tion, busi­ness fi­nance and tech­nol­ogy.

Richard Doe, manag­ing direc­tor of com­mer­cial lend­ing at Paragon, said: “As a spe­cial­ist lender for busi­nesses, Paragon is de­lighted to gain recog­ni­tion as SME spe­cial­ist of the year.

“In these times of uncer­tainty, we un­der­stand the im­por­tance of con­tribut­ing to the growth of small busi­nesses up and down the coun­try and en­sur­ing that SMEs have ac­cess to fi­nance. We un­der­stand that some cus­tomers have more chal­leng­ing ‘ story cred­its’ and we don’t want them to be over­looked so we are open to sup­port­ing them as well as the broader SME com­mu­nity.”

Paragon Bank­ing Group was founded in Soli­hull in 1985 and ex­panded its fi­nan­cial ser­vices fur­ther to in­clude as­set fi­nance in 2015.

Gary Leitch, manag­ing direc­tor of as­set fi­nance at Paragon, with the award

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.