A specialist provider of dementia care had run into problems with its bank after an expansion of its business did not go to plan. A newly opened care home had been graded as “inadequate” by the Care Quality Commission, which had prompted the bank to call in its loan facilities. Fiduciam and the care home group worked closely together on a relay facility, allowing the care home group to repay its bank whilst executing a corporate restructuring that would enable it to tap into bank finance once again. This restructuring plan had to be delivered around the needs of the nursing home patients. Fiduciam was actively involved in the restructuring, which was completed successfully. The care home group refinanced with a high street bank one year later.
