Paragon Bank
Solihull-based specialist bank with strong asset finance, commercial property and development finance lines. Listed parent (Paragon Banking Group plc) gives funding stability and filing transparency. Broker-distributed for most product flow; not a self-serve fintech experience.
Quick verdict
- Product: Asset finance + commercial property + development finance.
- Ticket band: £25k to £25m.
- Pricing: Bespoke.
At a glance
Paragon Bank, at a glance
- Legal entity
- Paragon Bank plc
- Companies House
- 05390593
- Ownership checked
- 23 September 2026, against Companies House and published sources
- Founded
- 2005
- Product
- Asset finance + commercial property + development finance
- Ticket range
- £25k to £25m
- Decision time
- 5 to 15 business days
- Ltd-only
- Yes
Where Paragon Bank is strong
- Listed PRA-regulated banking group with stable funding.
- Strong asset finance product covering vehicles, plant and equipment.
- Established commercial property and development finance teams.
- Sector specialism in transport, manufacturing and care.
Watch-outs, and when another lender may suit better
- Broker-distributed for most product flow; less direct-channel access.
- Pricing not headlined.
- Slower than fintech alternatives.
Best fit applicants
- Asset finance for established Ltd companies
- Commercial property £500k+
- Development finance
Where Paragon Bank is the wrong fit
- Self-serve sub-£100k tickets
- Sole traders
- Speed-prioritised cases
If declined by Paragon Bank
If your application to Paragon Bank is declined, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our guide to why lenders decline, by reason.
Other lenders we list
- 365 Business Finance, Merchant cash advance (revenue-based finance)
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
How we rate Paragon Bank
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
FAQ
What can I borrow through Paragon Bank?
Paragon Bank offers asset finance + commercial property + development finance. Ticket range: £25k to £25m. Typical rate: Bespoke.
How long does Paragon Bank take to decide?
5 to 15 business days
Who is Paragon Bank the best fit for?
First on the list: Asset finance for established Ltd companies. The full list is under Best fit applicants above.
When might another lender suit better than Paragon Bank?
First on the list: Self-serve sub-£100k tickets. The other cases are under Where Paragon Bank is the wrong fit above.
Send an enquiry
Tell us what you need in 2 minutes. FundBiz is not a lender and does not run a credit check. We pass your enquiry to a business finance broker, who will contact you about your options. For limited companies, LLPs and partnerships with four or more partners.
Send an enquiry →Official site: Paragon Bank
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.