BTG secures £10.55 million refinancing deal enabling care home expansion

The Challenge

A Nottinghamshire-based care home group operating multiple facilities were looking to develop and expand their services by way of a purpose-built 70-bed specialist mental health facility. The business required a funding solution that would allow them to fund the development of the care home, whilst not disrupting the operations of the other services in the group.

Our Approach

We identified that refinancing the group's existing portfolio would unlock the equity required whilst maintaining operational stability. Our established relationships across specialist healthcare lenders enabled us to secure multiple competitive offers. We coordinated site visits with shortlisted banks, allowing the client to assess not just funding terms but also relationship management quality and sector expertise.

The Outcome

We secured a £10.55 million refinance agreement that released equity from existing properties whilst maintaining favourable terms across the portfolio. The conclusion of this deal has meant the business can develop their new 70-bed mental health facility, with a funding solution that would not affect the daily operations of the wider group.