Travers Smith advises Paragon Bank plc on a £25 million funding line to Nucleus Commercial Finance
Travers Smith LLP has advised the structured lending team at Paragon Bank plc (Paragon) on the provision of a £25 million senior revolving credit facility to Nucleus Commercial Finance (Nucleus). The funding will be used by Nucleus to support small and medium sized enterprises (SMEs) through secured loans and property finance.