Stewart Good has been appointed sales director for SME lending at Paragon Bank.

Good (pictured) will lead Paragon’s provision of specialist asset financing solutions to help UK businesses innovate, adapt and grow.

He has over 30 years of experience in asset and equipment finance and joins Paragon from Shawbrook Bank, where he was head of indirect channel. Prior to Shawbrook, he held asset finance-related roles at Propel Finance, Midlands Asset Finance and Aldermore Bank, after starting his career at GE Capital and Key Equipment Finance.

He will report to Paragon Bank managing director of SME lending, John Phillipou.

Good said: “This is a vital time for SMEs seeking growth after the challenge of recent years. Companies are looking to invest in fresh assets and prepare for the future; I’m excited to work with them to not only deliver growth for businesses, but also for the wider economy.

“Paragon has a clear desire to support British SMEs. It grew lending to SME customers by 21% in the first half of its financial year and has invested heavily in its digital proposition to benefit customers and intermediaries. Paragon is well placed to support companies through its strong sector-focused teams and the experience of its workforce – and I greatly look forward to leading Paragon’s exceptional team of dedicated SME lending specialists.”

Phillipou added: “Stewart brings a wealth of experience to Paragon, supporting SMEs that will be of substantial benefit to businesses planning for growth and expansion.

“As SME lending specialists, Paragon is dedicated to working with and supporting businesses throughout the UK via bespoke financing solutions. Stewart’s appointment further enhances the service we are proud to provide.”