Paragon has made a series of appointments in its asset finance business.
Jan Greenhalgh joins as head of new business management in asset finance from RBS, where she was head of onboarding, account maintenance and customer due diligence.
Greenhalgh will focus on leasing for SMEs and spent 18 years at the Royal Bank of Scotland, holding senior posts at Lombard in Corporate, Commercial, Lombard Asset Management and Invoice finance.
Paragon said 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.
This comes after the appointment of Anup Sangha as head of credit for asset finance at the leading 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 said its asset finance, which sits in the commercial lending division, continues to grow – its Q1 trading update showed a 56% increase in lending by asset finance to £93m, compared to £60m in the same period last year.
There has also been an expansion into new products including aviation finance and soft asset financing.
Jan Greenhalgh, head of new business in asset finance at Paragon, 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.”
Asset finance at Paragon equips small and independent firms by providing specialist funding through its broker channel or direct to companies that are in industries for construction, agriculture and commercial vehicles.