Birmingham-based care home provider, Macc Care recently revealed plans for business growth after it successfully secured financial support.
The group boosted its funds thanks to a substantial loan that it intends to use to press forward its expansion aims while refinancing existing debts.
With a larger ageing population than ever before in the UK, there is now a rising demand for high-quality care homes to provide suitable and secure accommodation. Loans for nursing homes and facilities supplying assisted care to the elderly can supply a flexible finance to solve multiple business goals. From opening new lines of credit by settling accounts to investing in expensive healthcare equipment, refurbishments or new premises, loans allow companies to overcome issues holding them back.
Macc Care was launched in 2004. Since then, it has operated sites throughout the West Midlands, supplying residential, dementia and nursing care for those who are aged 65 or older. Macc Care has a long-standing relationship with its lenders built over many years, which has fostered an environment for trust.
Chief Executive Officer and Co-founder of Macc Care’s parent company, Naz Nathani, commented that the organisation’s continuing mission was to provide compassionate and exceptional levels of care in developments at the forefront of the market. He added that the group was extremely grateful for the recent support from its financiers, stating that their understanding of Macc Care’s expansion ambitions and the care home sector had been critical in enabling its plans for innovation and growth.
