Paragon Bank is a FTSE 250 listed specialist financial services provider, offering an award-winning range of savings, buy-to-let mortgage and business finance products.
With a long and successful history in buy-to-let mortgage lending, we’ve grown rapidly in recent years to build a thriving commercial lending division that offers finance to small and medium-sized business customers operating across a wide range of different sectors – from aviation, agriculture and construction, through to property development, print and technology.
Our SME Lending business has achieved strong growth in recent years. The division grew lending by 21% in the first half of its financial year on the back of increased demand for investment from UK businesses, advancing £220 million in the six months to 31 March 2023, up from £181.8 million during the same period last year.
Paragon Bank’s vision is to become the UK’s most highly regarded specialist provider of finance for people and today we have over 340,000 customers, £14 billion of assets under management and annual operating profits of over £200 million.