LNT puts together £67m deal with three banks to fund Ideal Care Homes growth

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

Leeds-based LNT Group has secured significant development funding for its new care home operation, Ideal Care Homes which the group says is set to radically shake up the care sector with its ‘no-top ups’ policy.

The package, which comes from three global banks – the Royal Bank of Scotland, Israeli Bank Leumi and Yorkshire Bank – will see a development fund of £67m supporting the newly-formed subsidiary, along with the rest of the group’s businesses.

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