Medipharmacy prescribed funding to support in expansion plans
Medipharmacy
Medipharmacy Group is an independent NHS community pharmacy chain based across London, Kent, Surrey and West Sussex with 20 pharmacies. They are at the forefront of delivering a full range of NHS and private services locally and work with Primary Care Trust Management to organise and plan new initiatives.
Medipharmacy moved its banking to Santander to support their wholesale operation, currently
run from one of their pharmacies. The move to Santander includes funding to support the acquisition of a purpose-built warehouse.
Working alongside a bank that understands our business, our expansion plans, our values and our goals was key. The finance package has enabled us to focus on our operations, especially during the Covid-19 pandemic as pharmacies have been at the forefront of healthcare.
Sandeep Khosla
Director, Medipharmacy Group
This will allow the business to expand its wholesale operations for retail products sold in its pharmacies and allow the separated pharmacies and warehouse to run more effectively.
We’re delighted to be working with Medipharmacy Group, a well-known and respected company in the sector.
By bringing together our expertise in the healthcare and pharmacy sectors and our Invoice Finance teams, this package of support will support the management team’s ambitions for growth.
We look forward to continuing to build our relationship with them.
Andy Casey
Relationship Director, Santander