The Challenge

Founded in 2005, Park Lane Healthcare is a family-owned care business providing care for >300 elderly residents across North and East Yorkshire. With the UK’s over 65 population increasing by 22% over the last decade, demand for elderly care is continuing to rise, so the business was looking for a funding partner to provide it with the capital to quickly and efficiently build out new sites to meet this demand and grow the business

Opportunity & Outcomes

Due to our expertise across both property development and corporate lending, we were able to create a bespoke facility of £20.2M that allowed Park Lane Healthcare to refinance its existing debt and develop a major new retirement village (Lavender Fields) under one facility. This was done on a flexible basis to support the shareholders wider needs through a collaborative approach with the shareholders during the process.