Metro Bank has provided over £10.2m in funding for Shrewsbury-based Capital Care Group.
The funds have been used to refinance Capital Care’s five care homes along with the acquisition of the 47-bed Anville Court Care Home in Wolverhampton.
Manjeet Rai, Managing Director at Capital Care Group, said: “We are pleased to have acquired 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.”
Denis Knockton, Head of Mid-Market Healthcare at Metro Bank, commented: “We’re absolutely delighted to have supported the team at Capital Care Group with their growth aspirations through this funding package. 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.”
Capital Care Group is an independent specialist healthcare provider offering a wide range of specialist, person-centred, nursing and residential care, as well as support services for adults and older people with a broad array of care needs.