Residential and respite nursing care provider EAM Care Group has secured a six-figure investment to spend on new and adaptive technology and staff training.
The Manchester-based company, which operates three locations providing bespoke care services to people aged from 16 to 65, received the funding from invoice finance specialist Positive Cashflow Finance.
The investment will also be used to support the existing expansion plans for one of its sites, allowing housing capacity to increase by 50%.
Nick Whimpanny, director at EAM, said: “We are thrilled to have secured funding from Positive to help our business grow. This has allowed us to progress our plans to expand our premises and help more people in the community. The whole team at Positive were keen to support us from day one, which really made the difference. They gave me the confidence to keep driving forward, as I knew they were backing our business all the way and working with us to make it a success.”
Positive is one of the UK’s leading independent invoice finance companies offering facilities from £10k to £1m to businesses across the UK.
Nick Chapman, Business Development Manager at Positive, commented: “We are delighted to be involved with EAM and assisting with their growth plans to support more people in the area. Nick and everyone involved at EAM provides excellent care and it’s a pleasure to support a business who make a real difference to the community.”