Financing your Care Home Purchase

Overview  •  All Funding for Care Homes Business Listings


Financing your Care Home overview by G R Patrick & Co (Finance) Ltd

Financing your Care Home

In order to fund your care home purchase, pay for its refurbishment or develop your current business, G R Patrick & Company (Finance) Ltd is a Finance Broker that understands the care home market and will provide confidential and independent help in negotiating the business finance minefield to create packages that meet your needs. Even during times when banks are keen to lend money, by using a finance broker you will save time and money while benefiting from valuable experience and expertise.

  1. The most important part of any relationship is "getting to know your customer". Either on the telephone or preferably at a meeting we will gain an understanding of your background, your experience, your financial position and your requirements so that we can obtain the best funding package that meets your specific needs.
  2. When you have found a business that is of interest we will help you work out the maximum level of funding that would be available for that particular business. This will involve us reviewing the historic accounts for the business, the current occupancy and fee levels and the latest CSCI inspection report. At this stage we will be able to give you a clear indication of the likely terms and conditions for your loan.
  3. Once your offer for the business has been accepted we will speak to the various recognised care home valuers and instruct a suitable business valuation on your behalf.
  4. Upon receipt of the valuation we will send a detailed loan application to the most appropriate banks seeking the best finance terms for your required loan.
  5. Once you have accepted the bank's offer we will liaise with both the bank and the solicitors to make sure that everything proceeds smoothly to a satisfactory completion.
Why use a Finance Broker?

One client who already has four high quality care homes, with immediate plans for many more, has obtained financing for the purchase, total refurbishment and running of his homes from G R Patrick & Company (Finance) Ltd. Paul de Savary of Home From Home Care Ltd explains why: "I regard G R Patrick & Company (Finance) Ltd as an extension of my own administrative services," said Paul. "They provide excellent advice and have the ability to arrange and complete good finance packages extremely efficiently. They identify the best deal and free me from the endless paperwork and delays I have experienced in the past when dealing direct with banks. They provide a thoroughly professional and trustworthy service and, best of all, they get things done!"

In addition to money, G R Patrick & Company (Finance) Ltd can save you a lot of time, frustration and anxiety, and will ensure that the best funding package is arranged to suit your circumstances.

    We are here to help you Whether refinancing, extending, or buying another home, the following options are available:
  • Highly competitive Interest rates
  • High Loan to Values
  • Interest only periods
  • Capital raising facilities for any purpose

Contact G R Patrick & Company (Finance) Ltd