Paragon Bank has expanded its SME lending division with the appointment of two new business development managers as it seeks to grow its vendor and direct finance proposition.

Andrew Kenny joins to lead the bank’s direct offering in the HGV, trailer and tanker sector, while Joshua Atkinson has been appointed as BDM for the North East.

Kenny (pictured, right) moves from Close Brothers, where he was national accounts sales manager within its Asset Finance and Leasing division. He brings over a decade of experience in financial services, including roles at Dawson Group, Lombard, Star Asset Finance and NatWest.

Atkinson (pictured, left) began his career as a professional rugby league player for Castleford Tigers, Queanbeyan Kangaroos and Newcastle Thunder before moving into sales. He joins from Bluestone Leasing, where he spent more than eight years, most recently as regional account manager.

Terry Lloyd, head of vendor at Paragon Bank, said: “We have a clear commitment to grow our vendor and direct proposition and these two strategic appointments are an important step in that journey, expanding our regional presence, as well as our expertise in a key market.

“Joshua and Andrew have strong backgrounds in their respective fields and will play a key role in achieving our growth objective.”

Kenny said: “Paragon is a strong bank with a growing reputation in the asset finance market. I’m looking forward to working with operators in the HGV sector, helping them to secure the finance they need to grow their businesses and meet their ambitions.”

Atkinson added: “The North East economy is growing, with a strong advanced manufacturing sector and a burgeoning renewable energy market.

“With several significant infrastructure projects in the pipeline and major investments, such as the AI datacentre in Northumberland, SMEs will be looking for finance to support their growth. I can’t wait to get out and grow Paragon’s presence in the region.”