Kare Plus 

Business bio 

Kare Plus delivers care and support services across several residential establishments including large private hospitals, local councils and to private clients, predominantly providing homecare services to customers in their own homes. The business also delivers temporary and permanent clinical staffing services to the private and public health and social care sectors.

 

Loan Amount

£910,000

Region

Greater Birmingham and Solihull

Funding Need

Expand premises

Sector

E-commerce Platform

“The MEIF Maven WM Debt Finance will assist in the growth of our homecare services, which will continue to expand and develop alongside our national network of franchise businesses. Our focus is the delivery of outstanding nursing, care and support to local communities, nationally and we look forward to continuing to do just that.”

Steve Welsh 
CEO at Kare Plus

Growth and expansion

The rapid growth of the ageing demographic in the UK is projected to be more than five times the growth of the working population by 2024, where the number of people over 65 is expected to comprise more than 20% of the total population. The increase in demand for elderly care is resulting in a strain on public sector healthcare services and increasing the demand for private provisions.

The funding package will allow the business to deliver its growth plan by expanding its complex care sites across the Midlands, creating 20 new jobs within the region.

Could MEIF Maven Debt Finance help fund your growth journey?

If you’re running an SME business that’s looking to grow, we’d love to hear from you. Find out more about our fund here or feel free to give us a call to speak directly to one of our local Investment Managers: 

0121 231 7125 Birmingham | 0115 697 6160 Nottingham

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