Commercial Care Home Investment

Residential Care for the elderly

Loan Amount

£752,500

structure

Commercial Term Loan (Trading Business)

asset class

Commercial, Care Sector, Residential Care Home

Sirius were approached by a well-established care home firm who were looking to add a fourth home to their existing Yorkshire based care home group. The business they were looking to purchase was rated as “good” with CQC on all aspects, and is a Residential Care for the elderly, as well as specialising in Dementia Care. The price agreed was just over £1m and Sirius were able to secure the desired £752,500 needed to assist with the acquisition, on some very competitive commercial terms. Sirius has already been instructed to fund the 5th care home, work is currently under way!

Advisor

Paul Debney Paul Debney Senior Associate, Commercial Finance contact details 0208 092 4412
07958 690 185
paul.debney@siriusfinance.co.uk
Paul came on board in 2018 to spearhead our dedicated commercial finance team, bringing with him a formidable 35 years of experience in the corporate banking industry. His extensive background includes 23 years at HSBC Bank involving the management of multiple branches, 5 years at Clydesdale Bank and 2 years working on special projects for Grant Thornton LLP. Since joining Sirius, Paul successfully pioneered the Sirius CBIL loans initiative during the difficult Covid-19 period, which was well-received by many grateful clients.

Paul specialises in assisting clients with Commercial Investment & Commercial owner occupier business, Short Term Finance, Development Finance, Unsecured Business Loans and Asset & Invoice Finance. Whilst being as accommodating and personable as they come, he is ruthless in his pursuit to secure a deal that fulfils his clients' requirements when he is acting on their behalf and as a result continues to receive unparalleled testimonials.

To discuss an opportunity with our team please get in touch.

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