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24 February 2017 | Care Mortgages

Caring hands for The Lodge Care Home in Norfolk

Christie Finance, a specialist commercial finance broker, has recently assisted their client with raising finance to purchase The Lodge Care Home near Thetford, Norfolk.

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Our client, a first-time buyer in the care sector, saw the potential that The Lodge Care Home has and they plan to bring in an experienced care home manager to help enhance the provision of care across the business.

Matt Kavanagh, Finance Consultant at Christie Finance, secured specialist funding enable the purchase the business. The deal did have its hurdles, due in part to the timescales put on the business by the CQC to change ownership, but Matt was able to meet this short deadline.

Matt, comments: "Finding the right lender for this business was a challenge, but with our in-depth of knowledge in the sector and ability to demonstrate our client's capabilities to lenders, we were able to realise the clients' plans."