Supporting Growth in the Healthcare Sector with a £3.6M Fund
We successfully secured a £3.6 million funding facility for a commercial owner-occupied day nursery business, enabling them to refinance and invest in the growth of their six locations.
Working with Garry and the team at Allica Bank has been a fantastic experience. Their ability to provide tailored funding solutions quickly and efficiently makes them a valued funding partner.
Roxanne Goodman - Managing Director
The Challenge
Our client, a well-established day nursery business operating across six locations, needed to refinance their existing debt and raise capital for future expansion. However, their incumbent lender had exited the market, leaving them in need of a new funding partner that could provide a competitive and timely solution.
The Process
We worked closely with the client to understand their financial position and long-term goals, identifying Allica Bank as the ideal lender due to their commercial approach and expertise in SME finance. Through a collaborative effort with Allica’s team, we ensured a smooth and efficient application process, navigating complexities to secure the best possible terms.
The Outcome
With our support, the client successfully obtained a £3.6 million facility, allowing them to refinance and access the capital needed to enhance their six locations. This funding not only provided financial stability but also positioned the business for long-term growth in the healthcare sector.
We’re proud to have played a key role in delivering this outcome and look forward to supporting more businesses with tailored financial solutions.
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