County Court Care Group announces Birmingham development of residential ground-up care home, funded by Cynergy Bank

By Bridging Loan Directory 24th August 2023

Country Court Care Group announces a new ground-up development in the care home market, thanks to a £8.3m loan from Cynergy Bank. The loan will be used to fund a ground-up development for a 63-bed residential care home site in Halesowen, Birmingham.

Country Court Care Group is a top ten specialist residential care home provider in the UK and have been a family run business for over 40 years.

This latest development in Birmingham supports the UK’s need for more high-quality care facilities for the country’s aging population and will be the Group’s 37^th care home development.

Country Court Care Group provides facilities for autonomous mobile residents, those with more significant medial needs such as dementia, and those who require short-term respite care.

Al-Karim Kachra, Company Director, Country Court Care Group said:

“We are excited to bring this new 63-bed residence to the people of Birmingham.

We’re looking forward to building a strong business relationship with Cynergy Bank- it has been a pleasure to work with the Cynergy Bank team on this deal and we are grateful for their support throughout the process.

Carl Bowcher, Senior Relationship Director, Cynergy Bank commented:

“It has been a real pleasure working with the Group, and we are happy to have been able to support their ambitions with this £8.3 million loan.

Cynergy Bank has long history of supporting the care home industry, and the Group have the both the experience and presence to really make an impact in this sector. We look forward to working with County Court Care Group in the future.”