Group Refinance for Maricare Ltd

Posted on June 28, 2016
Archive : June 2016
Category : News

Family run care company Maricare was founded in 2001 by Mary Whitehead. They provide the highest standard of service that answers to the physical, emotional, social, intellectual and spiritual needs of their residents.

Chandler & Co started working with Mary when she purchased her first Care Home and we are delighted to be working with her nephew Michael who has expanded and now looks after their portfolio. They operate 3 homes – Beech Haven in Oxfordshire, Montrose Care Home in Dorset and Roman Court in South Yorkshire.

They had an existing loan product that was no longer suitable for the business and we arranged a refinance deal and a further capital raise for them allowing them to proceed with the refurbishment of the homes.

 Jonathon Read commented, “Chandler & Co have maintained a long standing relationship with Maricare and we look forward to supporting them in the future as they continue to grow.  They are a highly professional team operating quality care homes; this certainly helped enable us to obtain a very competitive funding package for them.”

Michael commented, “I found the service to be outstanding. I cannot recommend them highly enough to anybody thinking about refinancing. I am about to start on several new projects in the care sector and would not do anything without consulting Chandler & Co first. I am extremely grateful to their dedicated team who were available whenever I needed to speak to them. Thank you once again.”