Bellerose Care has bought Bankhouse Care Home in Lanarkshire, Scotland via a £2.5m refinance package from Unity Trust Bank.
The family-run provider bought the 49-bed Bankhouse, which is located in the town of Lesmahagow, after it went into administration. Bellerose Care has a history of transforming the fortunes of care homes across Scotland.
Bellerose Care owner Willie McDonald said: “We bought our first care home 27 years ago because it was failing and we had a genuine desire to save the home and jobs. We turned it around and that led to us buying a second and so on.
“Care homes fail for a reason, so first we must identify if we think it’s saveable. We tend to get a feeling very quickly if it will be a right fit.
“Bankhouse has a great platform already. We have come in and just given it the support and guidance it needs to push forward. We will improve all aspects of Bankhouse by investing in the environment itself and improving the already very good service it provides.
“Unity’s ethos and philosophy of being in business for the greater good is the equivalent to what we do in the care industry and it felt like the perfect match.”
Michelle Wilson, relationship manager at Unity Trust Bank, said: “We’re delighted to provide the funding for Bankhouse. As a social impact bank we support a range of frontline organisations that strengthen communities.
“We’re committed to providing our customers with the sector expertise and personal assistance they need to grow their organisation and improve the lives of people most in need.”
