Care group to expand following £21.4m funding package

Public Sector hiring

Family-run care home operator Handsale is set to expand its portfolio of care homes following a £21.4m financing package. Our funding has allowed Handsale to consolidate its existing debt from three other banks. This will increase the efficiency of the business and also make sure it has accessible funds to develop new care facilities. These include a planned new facility in the Edinburgh area, which will provide 82 new care places. Handsale, which is run by Bharat and Bindu Sodha, currently operates eight care home across the UK – providing a total of 523 beds. Arthur Lawrence, Relationship Director, Santander Corporate & Commercial, said: 'We look forward to working closely with the Handsale team over the coming years to help ensure the continued delivery of first class elderly care across the UK.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

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