Paragon Banking Group PLC (46P1)

Profile

https://www.paragonbankinggroup.co.uk

Paragon Banking Group PLC is a specialty finance company providing diversified banking services in the United Kingdom. It operates through two core segments: Mortgages Lending and Commercial Lending. The Mortgages Lending division focuses on buy-to-let mortgages, owner-occupied first and second charge lending, and related activities, serving residential property investors and homeowners. The Commercial Lending segment targets small and medium-sized enterprises (SMEs) with equipment and motor finance leasing, development finance, structured lending, and other tailored offerings such as hire purchase, contract hire, and asset finance brokerage. Founded in 1985 and headquartered in Solihull, the company, formerly known as The Paragon Group of Companies PLC, rebranded in 2017 to reflect its banking focus. Paragon Banking Group PLC also offers savings products and deposit-taking services, alongside asset and portfolio administration, property consulting, and consumer loan finance. With approximately 1,500 employees, it plays a key role in the UK mortgage finance and SME lending markets, supporting property investment, business expansion, and equipment acquisition.