Metro Bank has provided ?£102m of funding to Capital Care Group to allow it to refinance its existing portfolio of five care homes.
p>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.
â€œThis 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.
â€œWe 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.
â€œWe'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.
â€œAnville 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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