HSBC UK provides £1.25m funding for Yorkare Homes

Louth Care Home

Award winning East Yorkshire care provider, Yorkare Homes, has received £1.25m in funding support from HSBC UK.

Just over half of the funding (£650,000) has been provided to support the care provider during the coronavirus crisis and resume construction of Mere Hall care home in Hornsea. The COVID-19 funding has been used to employ 60 additional full-time staff as well as procure a large amount of essential PPE. It has also ensured that staff have received pay rises and gifts in recognition of their contribution during the pandemic.

A further £600,000 has been provided for the purchase of land in East Yorkshire for the development of three care homes over the next two years.

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Laurence Garton, Development Director at Yorkare Homes, said: “Our objective is, and has always been, to help people. With the help of HSBC UK, we have been able to employ more carers to ensure our residents are receiving the best quality of care during the COVID-19 crisis. We’re also excited to resume our ambitious development plans for 2020. Adding to our growing estate will create more capacity to offer high quality care for families across East Yorkshire.”

Mike Craft, Relationship Director South Yorkshire and Humber, HSBC UK, added: “The team at Yorkare are doing a phenomenal job in providing the very best care to its residents during such a tough time for many families. I’m delighted that the funding has allowed them to protect their employees with vital PPE and much deserved pay rises.

“Yorkare is a fine example of a dynamic business that is delivering a fantastic service throughout the pandemic, whilst also looking to the future and creating scores of local jobs in the process.”


Tags : Care Home ConstructionFinanceHSBCYorkare

The author Lee Peart

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