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Home > Completed Deals and News > Completed Deals > FUNDED: Recent Care Home Bridging Facility

3/11/2024 | Care Mortgages

FUNDED: Recent Care Home Bridging Facility

Christie Finance, specialist commercial finance experts are pleased to announce that we have secured short term facility for a Care home in Kent.

Key Highlights:

Vacant care home bridging finance
£1.15m facility over 12 months
Off-shore corporate ownership structure
Funds will assist cashflow for wider healthcare business

Ram Kakar, Associate Director, who supported our client, on the funding says:

"I am glad we were able to assist our client with their capital strategy and complete this facility. The funds will be utilised as part of the groups cashflow, which will provide additional comfort with the day to day running of the business. We worked with a lending partner to deliver a tailored funding package which suited the clients needs, whilst giving them sufficient time to work on the sale of the asset. We look forward to working with Colin and the team at Renovo with their future growth plans."

For further information on how Christie Finance can help you and your business – Contact the experts:

Ram Kakar
Associate Director
T: +44 7764 241 349
E: Ram.Kakar@christiefinance.com