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Metro Bank provides £10m facility to care home group

Tom Belger | 3:38 Tuesday 15th August 2017

Metro Bank has provided £10.2m of funding to Capital Care Group to allow it to refinance its existing portfolio of five care homes

The facility will also allow it to acquire a 47-bed care home in Anville Court in Wolverhampton (pictured above).

Manjeet Rai, managing director at Capital Care Group, was pleased to have acquired the Anville Court Care Home.

“This is the second transaction we have completed with the bank and we continue to be impressed by their services and the personal touch they provide.

“We look forward to working with Metro Bank on our future projects.”

The group is an independent healthcare provider and offers a wide range of specialist, person-centred, nursing and residential care.

“We’re absolutely delighted to have supported the team at Capital Care Group with their growth aspirations through this funding package,” added Denis Knockton, head of mid-market healthcare at Metro Bank.

“Anville Court Care Home is an excellent addition to the group’s portfolio and I look forward to working with them closely in the future.”

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