Kent

Care Home Acquisition

Loan
£1.6m
LTV
40%
Product:
Bridging Finance
Lender Type:
Care Home Operator

Our client is an SME care home operator who typically banks with a high street bank. They wanted to capital raise from the existing portfolio and make a quick acquisition of an underperforming care home.

We assisted with the capital raise across the existing portfolio, combined with an acquisition loan whilst they put a new management team in to boost the CQC rating of the home.

Carer in green scrubs assisting elderly woman with grey hair