Chandler & Co Arrange Restructure of Care Group’s Finances

Posted on March 22, 2017
Archive : March 2017
Category : News

 

Kevin Betts founded his healthcare and residential home business in 1997.  The Malvern Group comprises 10 Care Homes (123 beds) and 2 supported living facilities, which specialise in a variety of areas including the care of adults with learning difficulties, mental health disorders and associated complex and challenging behaviour.

The multi-million-pound facility was due for renewal in January 2017 and Chandler & Co were instructed to support Kevin in arranging the restructuring of the groups finances.  

Jonathan Read of Chandler & Co commented "Kevin wasn’t offered renewal terms by his existing lender until the eleventh hour, which gave him concerns that he might have been backed into a corner. Working with Kevin, we were able to secure a competitive funding package, which allowed his business to continue to flourish and hopefully grow in the future."

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