In fact, there are over 4,500 independent nursing and care homes in the UK. These businesses offer over 170,000 places. (Source: Registered Nursing Home Association).
It’s expected that the demand for nursing care among the elderly will rise by 60% over the next thirty years.
This clearly shows there are opportunities for care home providers who want to grow their business.
Investment is Key
To maintain compliance and stand out from the competition takes significant investment. Acquiring a suitable location, fitting out rooms, and buying specialist equipment all costs money. Staff must be highly trained and may require personal development.
Drawing from working capital to achieve this can be a serious risk. Happily, there are other options.
A Better Way to Grow
Business finance is designed to fund sustainable expansion plans. However, in the current UK economy traditional suppliers are less likely to approve applications than they used to be.
Specialist business lenders like us offer an alternative. We understand the needs of businesses in many industry sectors. Why? Because we’ve worked with businesses like yours before. We know what care and nursing home providers need.
A Rapid Process
You can fill out our loan application in just five minutes online. No meetings or complex paperwork are required.
Our friendly, experienced team will make a lending decision within 24 hours. Funds can clear to your nominated bank account the day after approval.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.