Press releases

Paragon's ongoing support for its employees has been reflected in its latest employee survey, with 87% of staff demonstrating that they care about and have a positive relationship the organisation.

Paragon Development Finance has today announced the appointment of Neal Moy as Deputy Managing Director.

Acorn Property Group has secured a £23.2 million finance package from Paragon Development Finance to support the development of its St Leonards Quarter scheme in Exeter.

Paragon Bank is targeting a top-of-the-market position with its 1 Year Fixed Rate ISA after increasing the rate to 0.80%.

Landlords with student property located in smaller university towns or cities typically generate the best yields, analysis by Paragon Bank has revealed. 

Paragon Bank has provided £160,000 in funding to The Log Company, a Richmond-based business that specialises in logs, wood fuel and outdoor living equipment. 

Gloucestershire-based property developer Stonewood Partnerships has secured a £3.7 million funding package from Paragon Development Finance to assist with a new 18 home scheme in Calne, Wiltshire.

Farming SMEs are bouncing back from the pandemic nearly twice as fast as other industries, with 96% of business owners reporting that their turnover now either matches or exceeds pre-COVID levels.

New research from Paragon Bank revealed that six in ten SMEs are increasing their innovation budget compared to pre-COVID, with more than three quarters of business owners (77%) prioritising this.

Create Homes has secured a £4 million funding package from Paragon Development Finance to support its 23 home development in Pilling, Lancashire.