NatWest funds Dorset development
NatWest Commercial Banking has provided funding for Gunputh Associates Ltd to develop a purpose-built care home in Poole, Dorset, and to significantly extend one of its existing homes. Father and son Mahen and Kevin Gunputh have been operating locally in the healthcare sector for 20 years. The existing care home in Branksome Park is soon to be demolished and replaced with a modern, high specification home for 47 elderly residents, due for completion by the end of July. The other project, based in Southbourne, will see extensive works carried out to increase room count from 29 to 48 beds. Danny Haywood, NatWest healthcare manager in Bournemouth, said the funding arrangement was one of a number of deals in the Bournemouth area which involved significant development and modernisation. “A combination of our healthcare and banking expertise can add serious value to our customers in this important sector, said Mr Haywood.