The Loans Engine adds Paragon to lender panel

The lender, who launched into the market in October 2014, offers a range of loan products that will be made available through TLE.

Available from today, The Loans Engine and Paragon Personal Finance will be offering an enhanced range aimed at prime borrowers looking for finance between £15,000 and £100,000 in a loan-to-value range of up to 85%.

Ryan McGrath, CEO of The Loans Engine, said:

“Paragon Personal Finance is renowned for its competitive rates and sensible approach to underwriting and packaging.

“Following its launch in October, Paragon Personal Finance has refreshed its headline rates, bringing more competition to the market. Having kept many of its core staff, Paragon Personal Finance is now part of Paragon Bank and aims to provide The Loans Engine brokers with versatile, industry-leading finance solutions.”

John Webb, Director of Paragon Personal Finance, added:

“We are really pleased to become part of The Loans Engine panel. As one of the top brokers in the UK, The Loans Engine is a key strategic partner for us.

“The Loans Engine is held in high regard, with a good reputation in the broker community, and they definitely have the ability to meet our volume appetite and credit quality.”