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Friday, March 23, 2018

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Metro Bank supports care home business with £9m

Tom Belger | 7:24 Wednesday 7th June 2017

Metro Bank has lent over £9.27m to support the development of new care centres across Wiltshire.

The challenger bank provided Wessex Care Limited with the funding to allow it to develop the Kimberly West and East Care Centres in Salisbury.

The development programme will allow Wessex Care to increase its five care homes to six and bring the total number of beds to 250.

“After seven years from concept to completion, we are pleased to have launched Kimberly West Care Centre and are currently working on the construction of Kimberly East Care Centre,” said Matthew Airey, managing director at Wessex Care.

“None of this would have been possible without the support, funding and amazing service provided by Metro Bank.

“We have exciting plans to transform our current residential, nursing and dementia care homes and are looking forward to working with Metro Bank on these projects.”

Denis Knockton, head of mid-market healthcare at Metro Bank, added that it was delighted to have supported Wessex Care with this finance solution.

“They’re a well-known and respected organisation that provides vital and accessible services to the local community.

“I look forward to working closely with them and supporting them with their future aspirations.”

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