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Paragon Bank’s Development Finance division has appointed Martin Crossley as Relationship Director.

Paragon Bank’s Development Finance division has provided an £8.75m revolving debt package to Whitehill and Bordon Dev Co New Chase Ltd to support its new build development in Whitehill & Bordon.

Paragon's Development Finance division has made a series of promotions, including Daniel Cresswell to the position of Relationship Manager.

Yorkshire-based property developer Wharfedale Homes has secured a £6.15 million funding package from Paragon Bank’s Development Finance division to support its latest development in Whitby.

Anvil Homes has secured a £4.2 million funding package from Paragon Development Finance to support its nine-home new build development in Hayton, Cumbria.

Newett Homes has secured a £7.5 million funding package from Paragon Development Finance to support a new build home development in Huddersfield.

Akehurst Homes has secured a £7.9 million finance facility with Paragon Development Finance to support its latest new build project in New Romney, Kent.

Paragon Bank’s Development Finance business has today announced changes to its leadership team, taking effect from 1 October 2022. 

Paragon Bank’s Development Finance division recorded a 41% increase in advances during the first half of its financial year, reflecting strong demand from SME developers and housebuilders. 

Antler Homes has secured an £8.6 million finance facility with Paragon Development Finance to support its latest new build project in Slinfold, Horsham.