Metro Bank spices things up with cinnamon deal
Metro Bank, the award-winning business bank, has announced that it has provided Cinnamon Care with £6.65m of funding to refinance its 50-bed Hartwood House Care Home in Lyndhurst, Hampshire.
The luxury care home provider operates eight purpose-built care homes across England, as well as boasting a significant number of development opportunities.
Declan Walsh, managing partner at Cinnamon Care said:
“We are pleased to have refinanced Hartwood House with Metro Bank. This is the second transaction we have completed with the bank and we continue to be impressed with the service it provides. Cinnamon looks forward to developing the relationship further as we deliver our development pipeline.”
Denis Knockton, head of Mid-Market Healthcare at Metro Bank said:
“We’re absolutely delighted to have been able to support Cinnamon Care with this finance solution. Cinnamon is a well-known and well-respected provider that has a great reputation both in the sector and among the public. I look forward to continuing to work closely with them and supporting them with their future ventures.”