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Paragon Bank

Listed
Bank for business lines of credit and working capital loansMemphis, TennesseeBased in Tennessee; service area not yet provided
BBLL 001219Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

Paragon Bank offers business working-capital and receivable/inventory lines, equipment and vehicle loans, acquisition finance and SBA/USDA-backed lending.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

From the lender's own site and public records.

A second look at Paragon Bank

Paragon Bank offers business working-capital and receivable/inventory lines, equipment and vehicle loans, acquisition finance and SBA/USDA-backed lending.

Direct bank lender; Paragon Bank. Business credit cards are separately issued by Elan Financial Services.

Published by Levr, not by Paragon Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Commercial lending

Operating credit
Working-capital loans, operating lines and receivable/inventory lines are explicitly offered.
Asset and acquisition
Commercial credit covers new or used equipment, business vehicles and acquisitions.
Government programs
Its Small Business Capital Group identifies SBA 7(a), 504 and USDA Business & Industry loans.

Provider sources: Commercial lending official source · Commercial lending official source

When it may fit

Our assessment of the published programs

  • Businesses in Paragon’s markets seeking operating, asset or acquisition finance.

What to weigh carefully

  • Confirm current geography and loan-specific terms; partner-issued credit cards should not be confused with Paragon’s commercial origination.

Questions before you accept an offer

  1. What borrowing base applies to receivables and inventory?
  2. Which government-backed program and equity requirement fit the project?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

First Horizon Bank

First Horizon provides a Tennessee comparison for secured or unsecured business term loans and SBA financing.

Regions Bank

Regions offers Tennessee businesses SBA financing, monitored working-capital lines and equipment finance.

The lender

Type
Bank
Legal name
Paragon Bank
Founded
2005
Charter
Not yet provided Add it
Headquarters
Memphis, Tennessee
Service area
Based in Tennessee; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
SBA 504
Also lends to consumers
Not yet provided Add it
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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