£3.72m growth package for Cheer Health

Posted on February 1st, by editor in Caring Times. No Comments

Leicester-based specialist provider Cheer Health has secured a flexible refinance package from the Royal Bank of Scotland’ (RBS) to support the company’s growth and acquisition plans for the future. The £3.72m package allows for the reconstruction and redevelopment of a neurological unit in Leicester as well as financing the growth of a general nursing home in Bedhampton. The business is expected to grow by another 30 per cent with further homes being built in and around Leicester. Cheer Health’s neurological unit in Leicester accommodates patients with brain damage, multiple sclerosis and neurological diseases. Director Reg Bullock said the funding would allow the company to develop its care provision further along the avenue of ventilated care and develop a portfolio of specialist neurological units and care homes.

Comments are closed.

Latest blog posts

Time for a ten dollar answer

By Caring Times editor GEOFF HODGSON

Ernest Hemingway was known for his minimalist style and he used to pooh-pooh what he called “ten-dollar” words. Not to...

Lacking capacity

By guest blogger JEF SMITH

A friend of mine diagnosed with cancer – now, happily, treated – was asked how he could possibly have missed the...

Care homes – understated examples of tasteful design

By Caring Times editor GEOFF HODGSON

Dozens of recently-built care homes are material proof that it is perfectly possible to design aesthetically pleasing buildings and put...