In a recent demonstration of its commitment to the care home industry, Cynergy Bank has approved an £8.3 million loan for the construction of a new care home in Halesowen, Birmingham. This move is in line with the bank’s established history of supporting the care home sector.

The loan, granted to Country Court Care Group, will facilitate the development of a 63-bed residential care home. This marks yet another collaboration between the bank and the care home industry, underscoring Cynergy Bank’s role as a pivotal financial partner in the sector.

Carl Bowcher, senior relationship director of Cynergy Bank, expressed his enthusiasm about the partnership, stating, “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 a long history of supporting the care home industry, and we are confident that the group, with its vast experience, will make a significant impact in this sector.”

Country Court Care Group, a family-run business with over 40 years in the industry, has been a prominent residential care home provider in the UK. This latest development in Birmingham will be the group’s 37th care home project, further emphasizing the UK’s growing demand for high-quality care facilities for its aging population.

Al-Karim Kachra, company director of Country Court Care Group, also highlighted the positive collaboration with Cynergy Bank, expressing gratitude for the bank’s unwavering support throughout the development process.

With such partnerships, Cynergy Bank continues to solidify its reputation as a trusted financial ally in the care home industry, looking forward to more collaborations in the future.