Salveo Care secures £6.2m loan to re-finance and purchase nursing home in Bourne End
Salveo Care, an award-winning healthcare provider in Buckinghamshire, has acquired a third care home thanks to funding from HSBC. The business has secured a £6.2m loan from the bank to support the re-finance of existing borrowing and the purchase of Kingfishers Nursing Home, a 37-bed nursing home in Bourne End.
The home will undergo a complete refurbishment, from furniture, fittings and equipment through to decoration and re-configuration of bedrooms, in consultation with residents and staff. In addition, Salveo Care will bring its staff development programme to Kingfishers to better equip staff with the skills to deliver excellent care to vulnerable residents.
Peter Evans, Managing Director Salveo Care Ltd, said: “HSBC’s support has meant we have been able to bring our care model into a new facility and help Kingfishers become a home-from-home for residents and their families. I’m grateful to my HSBC relationship director Richard Parker for helping us bring first class nursing and personal care to the elderly.”
Roger Pratt, HSBC Area Director for Corporate Banking in the East Midlands, said: “Salveo Care provides a high-quality care environment delivered by wonderfully caring and professional staff. At HSBC we are always inspired by businesses which play such an important role in the community and strive to ensure they can develop and expand their presence in the market.”
Specialising in person-centred support, with dignity and understanding for residents and their families, Salveo Care provides a relaxed and welcoming environment for its 92 residents across its three residential and nursing care homes. The three care homes in Buckinghamshire are supported by 130 staff.