Paragon Bank Business Finance Review
Paragon Bank is a specialist lender within the Paragon Banking Group, listed on the London Stock Exchange and operating since 1985. They offer invoice factoring and invoice discounting for UK businesses with turnover from £250,000, with a focus on delivering tailored facilities through experienced relationship managers.
Paragon Bank is an LSE-listed specialist lender offering invoice factoring and discounting for UK businesses from £250,000 turnover, operating since 1985. More detail + scope
Summary
Paragon Bank is a specialist lender within the Paragon Banking Group, listed on the London Stock Exchange and operating since 1985. It offers invoice factoring and invoice discounting for UK businesses with turnover from £250,000, delivering tailored facilities through experienced relationship managers. It combines the stability of a listed banking group with a specialist lender's focus.
This page covers
Paragon Bank invoice finance products, minimum turnover, listing and relationship-managed delivery
Not covered here
General invoice finance education (see /guides/), sector pages (see /industries/), the full provider directory (see /providers/)
Key Facts
Pros and Cons
Strengths
- Nearly 40 years of specialist lending experience
- LSE-listed parent group with strong capitalisation
- Experienced relationship managers
- Flexible facility structures for growing businesses
Limitations
- £250k minimum turnover excludes smaller businesses
- Less well-known brand than high street banks
- Limited digital tools compared to fintech providers
Our Verdict
Paragon Bank is a dependable specialist lender with decades of experience in business finance. They are best suited to established SMEs who value personal service and the security of a publicly listed group. Businesses below £250k turnover will need to look at providers like Close Brothers or IGF, and those wanting a fully digital experience may prefer a fintech alternative.
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
Last reviewed: 12 June 2026