Metro Bank has provided Capital Care Group with over £10.2 million in funding, which has been used to refinance its existing portfolio of five care homes and to facilitate the acquisition of a 47 bed care home in Anville court 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.”