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Find all the latest press releases from Paragon Bank.
Denbighshire-based grounds management experts 360 Ground Care has boosted its operations, thanks to new assets secured through Paragon Bank funding.
The St Asaph firm added two Isuzu N35.125 T SWB tipper trucks to its fleet after securing £50,000 funding – the latest in a series of agreements between Paragon and 360 Ground Care.
Founded in 2016, 360 Ground Care specialises in professional sports turf and vegetation management throughout North Wales and Northwest England - providing organic and sustainable solutions and harmonising the aesthetic of sports grounds with the surrounding ecology.
Prior to adding the new Isuzu trucks to its fleet, Paragon’s SME Lending division worked with 360 Ground Care on funding packages for a range of specialist assets, including a TLM surfacing robot, a Takeuchi excavator, and a Kubota & Koro redresser.
Led for Paragon through SME Lending Business Development Manager Kyle Johnson, the latest acquisition will not only support 360 Ground Care’s sports ground management services, but also its expert remedial and reinstatement works for wedding venues, country estates, and vegetation management for local authorities.
Commenting on the acquisition of the new assets and the prior financing provided by Paragon, Miles Todd, Managing Director at 360 Ground Care, said: “Paragon has been the ideal funding partner for 360 Ground Care. Taking the time to learn about our business and ambitions for growth, the team has provided a series of funding solutions that are tailored to our requirements. “Through the addition of the new Isuzu tippers trucks to our fleet, we are now able to undertake larger and more complex projects throughout North Wales and Northwest England – and we can’t wait to work with more clients to ensure they have grounds and facilities that perfectly meet their needs.” Commenting on the funding arranged for 360 Ground Care Kyle Johnson, SME Lending Business Development Manager, said: “Supporting SMEs to innovate and grow is at the heart of what Paragon is proud to do and, thanks to our latest funding agreement with 360 Ground Care, I’m delighted that we are once again able to help a fantastic business further boost its operations.
“Developing longstanding, trusted partnerships with clients is core to our approach. By learning from SMEs, understanding their requirements, and possessing an in-depth knowledge of assets, we can develop bespoke funding solutions that not only support an exceptional business, but also help drive growth throughout the wider economy.”
For further information contact:
Michael Clarke Paragon Bank 07740090746
Notes to editors:
Paragon Bank PLC a subsidiary of the Paragon Banking Group PLC which is a FTSE 250 company based in Solihull in the West Midlands. Established in 1985, Paragon Banking Group PLC has over £14 billion of assets under management, helping more than 340,000 customers to achieve their ambitions.
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.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
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