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Paragon expands green partnership with Zeti



Paragon Bank has expanded its existing partnership with Zeri, building on a shared aim to help more UK SMEs achieve net zero ambitions.


This will see Zeti, which provides software for financing and management of transportation and energy assets through a single, become Paragon’s fintech partner.

Paragon will now be able to gain access to real?time asset data through ZetiOS, including emissions tracking and asset health monitoring.

This will provide the lender with enhanced automation, financial and sustainability reporting and richer ESG intelligence across its financed assets.

“By using ZetiOS software across its portfolio management, Paragon can reach a broader range of customers and asset classes, helping clients access flexible finance and new products that deliver long-term energy security at lower cost, while supporting net zero ambitions across transport, energy and beyond,” said Dave Kennon, commercial director at Zeti (pictured above, right).

Ultimately, the partnership will support the financing of a wider range of renewable energy assets such as rooftop solar, combined heat and power systems and small?scale wind, enabling SMEs to fund equipment in a way that reflects actual energy production and usage.

By building on established Power Purchase Agreement (PPA) models, the partnership aims to help SMEs lower energy costs while supporting the UK’s broader ambitions for decarbonisation and energy resilience.

“We want to make a meaningful difference by providing simple and modern finance solutions which enable SMEs to have assets that reduce emissions and provide energy certainty,” said Matt Bass, head of specialist finance at Paragon’s SME lending division (pictured above, centre).

“Zeti’s team is entirely aligned with these goals and their tech expertise enables us to do exactly that. Whether it’s pay?per?use vehicle finance or multi?asset renewable energy solutions, this partnership allows us to deliver smarter, data?driven outcomes for our customers at scale.”

Dan Saunders, founder and CEO at Zeti (pictured above, left), added: “Our technology brings together data, insight and automation to give lenders the confidence to finance more customers, more efficiently, across a much wider set of asset and infrastructure use cases.

“Partnering with Paragon demonstrates how banks can move beyond traditional models and use software to support everything from vehicle finance to complex renewable and energy infrastructure assets.”



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