Paragon has appointed a new Head of Credit Management for its asset finance business. Experienced senior credit professional Anup Sangha will oversee credit decisions at the leading specialist lender, which supports SME businesses and growth in the UK.
Sangha is the former Head of Credit for Aldermore’s Asset Finance division has 23 years extensive experience in funding assets from across the financial services industry having worked at mainstream corporate and commercial banks, challenger banks and captive finance companies; these include the Royal Bank of Scotland, Lloyds Bank, Caterpillar Financial Services and MAN Financial Services.
Anup Sangha, Head of Credit Management for Asset Finance at Paragon, said “I have experience in financing a whole range of assets from ships to lorries so I’m looking forward to delivering consistent and timely credit decisions at Paragon, particularly as we are a specialist SME lender. In these times of uncertainty, contributing to the growth of small businesses in the UK and ensuring that SMEs have access to finance is important. We understand that some customers have more challenging ‘story credits’ and we don’t want them to be overlooked, so we are open to supporting them as well as the broader SME community”.
Asset and Invoice Finance at Paragon, which was named SME Specialist of the Year at the Leasing World Awards 2018 last week, provides specialist funding through brokers or direct to companies which equips small and independent firms in industries including construction, commercial transportation, aviation, business finance and technology.