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Paragon Bank’s SME Lending arm reduces deal processing times by 60%

Summary by Jingletree
Unlock stock picks and a broker-level newsfeed that powers Wall Street. GlobalData Thu, Mar 27, 2025, 7:22 AM 2 min read In This Article: Paragon Bank's SME Lending division has achieved a reduction in its deal processing times, cutting the average application processing time by 60% in 2024. This improvement is attributed to advancements in the division's technological and operational capabilities, leading to an increase in its conversion rate. …
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Paragon Bank’s SME Lending arm reduces deal processing times by 60%

Unlock stock picks and a broker-level newsfeed that powers Wall Street. GlobalData Thu, Mar 27, 2025, 7:22 AM 2 min read In This Article: Paragon Bank's SME Lending division has achieved a reduction in its deal processing times, cutting the average application processing time by 60% in 2024. This improvement is attributed to advancements in the division's technological and operational capabilities, leading to an increase in its conversion rate. …

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Jingletree broke the news in on Thursday, March 27, 2025.
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