Paragon expands asset finance team

Published on

Paragon has made a number of new appointments in its asset finance business.

Jan Greenhalgh has joined the organisation as head of new business in asset finance.

She will be focusing on delivering, speed, consistency and accuracy to the SME market, through deployment of ‘operational excellence’ activity, which in turn, drives service excellence for customers.

Greenhalgh spent 18 years at the Royal Bank of Scotland and held senior posts at Lombard in corporate, commercial, Lombard Asset Management and invoice finance.

Meanwhile, additions to the sales team offering finance through brokers include the appointment of business development managers Ian Beattie, Michael Molyneux and Vajinder Bal. They are joined by assistant relationship managers Yanko Dimitrov, Chris Harpley and Cara Chirgwin in this broker channel.

It comes shortly after the appointment of Anup Sangha as head of credit for asset finance at the specialist lender.

Richard Doe, managing director of commercial lending at Paragon, said: “Over several months, we have made a series of appointments across asset finance to build up this area with experienced people who can expand our capability and improve our customer journey. This underlines our commitment to invest as we increase our lending to British businesses and broaden our product reach.”

Paragon’s recent first quarter trading update showed a 56% increase in lending by Aasset finance to £93 million, compared to £60 million in the same period last year. There has also been an expansion into new products including aviation finance and soft asset financing.

Greenhalgh said: “Delivering a good customer experience is important to every business and something that we prioritise at Paragon. I’ve had a lot of experience in bringing about operational excellence and I am working closely with teams on our end to end customer journey.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...