Care Home Equipment Finance
As the UK’s population grows and life expectancy increases Care Homes have become an important part of our lives. Increased demand and greater regulation means that Care Homes are under constant pressure to ensure their facilities and service levels meet and exceed customer and regulatory scrutiny.
Investment in new technology, beds, nurse call systems, specialist baths, catering equipment and furniture are vital in order to stay ahead of the competition. CLS have flexible finance options to ensure that Care Home businesses can compete and ensure they can offer the best care available.
Main stream bank funding still proves difficult to obtain and even when terms are offered acceptance conditions are often prohibitive. CLS work with specialist funders in the Care Home industry and are experienced in arranging credit lines to fund expansion and new equipment. We can deal with numerous suppliers and coordinate payments on a staged basis so there is no need to fund deposits which eats into valuable working capital.
In short, if your Care Home business needs to expand, or you have a new build, we can offer the right product, whether this is a flexible finance lease, sale and lease back of owned assets, refinance of owned assets or a second charge loan.