Finance
To start the journey of owning your equipment, complete a simple online application or request a call back and Paragon Commercial Finance Ltd will get in touch to discuss all your finance options.
Whatever you’re looking to finance, Paragon are on hand to assess the needs of your business whether you’re buying, refinancing or freeing up working capital for your next project.
Amount of finance: £27,000.00
Representative Example
Hire Purchase – Fixed Rate
Borrowing amount: £50,000
Borrowing term: 60 months
Representative Annual Percentage Rate (APR): 5.06%
Payment information: Initial instalment of £2,706, followed by 59 payments of £902 monthly.
Total cost of credit £6,074
Total amount payable £56,074
(including documentation fee of £100, payable with the first instalment and an option to purchase fee of £50, payable with the last instalment)
This representative example is based on excellent credit and standard terms. Rates and fees will vary dependent on asset type, age and individual circumstances. All figures are based on a total price to finance. Some assets may be classed as vat-qualifying.
Paragon Commercial Finance Limited is regulated by the Financial Conduct Authority and is registered on the Financial Services Register under the firm reference number 733327. Registered in England number 07036669. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ.
Our Partnership with Paragon Bank PLC
Paragon Commercial Finance Ltd offer specialist construction finance solutions for plant and construction equipment.
Part of the Paragon Banking Group, a FTSE 250 listed company, Paragon Commercial Finance is a leading provider of finance and leasing solutions to the construction, mining and quarrying industries. With over 80 years experience of funding assets in these sectors and expert knowledge of the assets involved, they are well placed to offer the right finance package suitable for your needs.