The initiative enables firms to invest in critical infrastructure upgrades such as CCTV systems, solar panels and EV charging points, while also supporting working capital needs like hiring skilled labour and funding training. These investments help improve safety, sustainability and day-to-day efficiency — vital for long-term resilience.

To date, Paragon has delivered over £40 million in GGS-backed funding to more than 300 SMEs, supporting growth across construction, transport, agriculture and other key sectors. This new funding allocation will allow Paragon to support even more businesses — including those facing barriers to accessing finance — with both unsecured loans and asset-based solutions.

Terry Lloyd, head of vendor at Paragon Bank, said:
“The additional funding from the British Business Bank is a welcome boost and we’re looking forward to explaining its many benefits for growing construction and demolition SMEs at PlantWorx. What truly sets the GGS apart is flexibility — it enables investment in operational improvements and soft assets, not just hard assets like machinery. We’re ready to support even more SMEs across the construction sector on their growth journeys.”

Businesses interested in finance support — whether via traditional lending or GGS — are invited to visit Paragon on stand FC08 to speak with a representative.

PlantWorx takes place from 23–25 September 2025 at Newark Showground. Register now at https://plantworx.yourticketpurchase.com/