We specialise in arranging finance for the purchase or refinance of most businesses within the Care Sector including:
- Residential Care Homes, Nursing Homes or Dual Registered Homes
- Specialist Care Units such as Learning Disabilities, Mental Disorder, Mentally Ill & Physically Disabled
- Private Hospitals & Day Care Centres
- Children’s Homes including all types of Specialist Childcare
- Development Sites for any of the above including Construction Finance
- Care Home Groups & Corporate Finance
So if you are looking to arrange finance for a Care Business, then we will normally be able to find the right source with the most competitive interest rates for a particular deal. We have formed good relationships with a wide selection of banks who are keen to lend to the Care Sector and know the best way to present your case to provide you with a positive decision and the most advantageous terms available.
We will guide you through the process from the beginning, arranging for the most appropriate valuers to inspect the premises and ensuring that you provide the right information to the bank, presented in the right way. This will encourage them to support your case and should produce a favourable outcome.
It may be better in some cases to form a Limited Company to hold the assets that you propose to purchase or alternatively purchase a Care Unit that is already an asset of a trading Limited Company. Again we will be able to make sure that you are provided with the best advice in this respect from suitably qualified professionals.
We are also able to arrange funding for groups, whether it is an acquisition or refinance and if you would like to discuss your options in this respect then please call Paul Salmon on 01428 606500.
Our associated firm, Bishops, who are long established Business Transfer Agents specializing in the sale of Care Businesses, have an ongoing selection of quality Care Homes and related Sites for sale throughout the UK. If you would like them to assist you with your search, then you can visit their website at www.bishopscare.co.uk or call them on 0845 370 0670 for a courteous and efficient service.
If you wish to discuss your finance options on a proposed purchase or refinance case in more detail, please call us on 0845 388 7602
Alternatively you can write to:
Paul M. Salmon, CeMAP, FNAEA, FICBA
Salmon Financial Services
28-30 High Street
or fill out the brief form below and click Send.
Items marked * are required fields