Paragon accelerates structured lending growth with three key appointments
Paragon is growing its Structured Lending business with a series of appointments after surpassing £150m in new lending, just 2 years after its launch.
The specialist lender continues to build momentum, with this latest growth milestone in its structured lending division supported by three key hires, to take advantage of a strong pipeline of opportunities and further cement its increasingly prominent market position.
Tony Williams joins the team as a director to head the portfolio management function. Tony has enjoyed a diverse 30-year financial services career, primarily with Lloyds Bank and latterly Wells Fargo. Tony has experience in retail, SME / commercial, international and wholesale divisions, undertaking senior leadership roles in both FIG relationship and credit risk management disciplines.
On joining Paragon, Tony said: “This is a fantastic opportunity to be part of a growing, dynamic specialist team, with a market reputation for providing innovative financial solutions.”
Williams is joined by two new associates, Adrien Lot and Oliver Crabb. Adrien joined from a specialised European credit fund, whilst Oliver brings a number of years’ experience with Deloitte.
Nearing the end of its second year, Paragon’s structured lending team has completed ten transactions, lending to non-bank lenders in a variety of industries from retail point of sale finance, motor finance, SME lending and bridging finance. The new appointments will help the business grow further, as it looks to support clients in a variety of business areas with senior secured funding.
Adam Daniels, managing director – structured lending at Paragon Bank, said: “The UK specialist finance market continues to expand, and demand is growing for well-structured senior secured facilities. By growing the structured lending team, Paragon is re-affirming its commitment to supporting non-bank lenders in their efforts to provide finance to a variety of UK consumer and commercial finance sectors.”
