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January 19, 2021

Paragon’s construction finance team sharpens regional focus with new hires

By Alejandro Gonzalez

UK-based specialist lender Paragon Bank has announced that its construction finance team has strengthened its regional presence with the appointment of two business development managers.

Kelly Matthews (pictured below) has over nine years of experience working in the construction finance industry, working with both Societe Generale Equipment Finance and BNP Paribas, supporting broker, vendor and dealer relationships. She will be based in Hampshire, looking after customers in the South of England.

Construction finance sits within Paragon Bank’s SME lending division, supporting the needs of the UK’s small to medium-sized companies.

Matthews said: “Whilst spending some time out of the industry to travel and have a family I am very excited to join Paragon Bank with this new opportunity.

“I am really looking forward to reconnecting with historic relationships, whilst building new contacts in order to support dealers and end-users with their finance requirements.

“The construction industry is paramount to our economy and it’s an industry I’m passionate about.”

Chris Shaw (pictured below), who will be based out of Newcastle, joins from JCB Finance. Prior to that, he worked in the manufacturing team at Close Brothers.

Shaw said: “I will be focussing on supporting new and existing clients in the North of England, covering Greater Manchester, across to Hull and all the way up to the Scottish Border.

“My focus will be on direct business funding, working with a variety of machine suppliers and customers themselves.

“I’m looking forward to getting out and meeting both customers and machinery dealers once the pandemic eases.”

Terry Lloyd, head of construction finance at Paragon, said: “It’s great to have Chris and Kelly onboard with us. Their wealth of specialist knowledge and experience will be hugely beneficial in helping to further support customers across the UK whilst demonstrating our commitment to the sector.”

See: Paragon provides £288m of lending to UK SMEs

Paragon Bank Plc a subsidiary of the Paragon Banking Group Plc, a FTSE 250 company based in the UK West Midlands.

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