Reliance Bank proudly funded a healthcare provider offering improved quality of life for the elderly and peace of mind for families.

Our client is an established and respected provider of compassionate care for the elderly in Dorking, and the surrounding areas, including those with Dementia and complex needs. The nursing home also offers day care provisions to residents, playing a vital role in the local community.

Solution

The client was looking for a long-term banking partner to support their ambitions of growth.  Recognising this, the Commercial Finance Relationship Team for Reliance Bank were able to provide suitable facilities to refinance the existing facilities and empower their ambitious expansion plans.

Impact

Reliance Bank’s commitment goes beyond just financing, giving money meaning by contributing to supporting a provider offering improved quality of life for the elderly, peace of mind for families and a central healthcare service to the community.

The funding has helped the ongoing support to:

• 33 bed spaces for elderly residents including those with complex nursing needs and dementia
• We are supported by 1 GP practise and 1 pharmacy
• 17 extra bed spaces planned
• 2 day-care spaces to be expanded to 5
• We also support clients in their own homes through our domiciliary care service, Surrey Downs Homecare Ltd.

Testimonial

Rahul Chhapwale – Director for Monarch Care Ltd commented:

“Reliance Bank has been a refreshing partner and understands our vision for the future.  Their supportive team provided a seamless, and efficient service.   With a Bank which has listened and the experience it gives us confidence to continue our growth plans.”