Paragon Banking Group PLC provides financial services in the United Kingdom. The company operates through three segments: Mortgages, Commercial Lending, and Idem Capital. The Mortgages segment offers buy-to-let first charge, and owner-occupied first and second charge mortgages on residential property. The Commercial Lending segment provides asset and motor finance; financing of waste collection vehicles for local authorities, construction equipment, and complex veterinary equipment; and invoice factoring, development finance, and specialist lending, as well as leasing services. The Idem Capital segment offers secured and unsecured consumer finance. The company is also involved in asset investment and administration, and portfolio administration activities. The company was formerly known as The Paragon Group of Companies PLC and changed its name to Paragon Banking Group PLC in September 2017. Paragon Banking Group PLC was founded in 1985 and is headquartered in Solihull, the United Kingdom.