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