Metro bank announces Cinnamon Care deal

The care home provider operates eight purpose-built care homes across England, as well as a significant number of development opportunities.

Metro bank announces Cinnamon Care deal

Metro Bank has provided Cinnamon Care with £6.65m of funding to refinance its 50-bed Hartwood House care home in Lyndhurst, Hampshire.

The care home provider operates eight purpose-built care homes across England, as well as a significant number of development opportunities.

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.”

Declan Walsh, managing partner at Cinnamon Care, said: “We are pleased to have refinanced Hartwood House with Metro Bank.

“Cinnamon looks forward to developing the relationship further as we deliver our development pipeline.”