Award-winning care provider, Lovett Care, to develop major new purpose-built site in Manchester, following loan from OakNorth.
OakNorth – the digital bank for entrepreneurs by entrepreneurs – has provided a bespoke loan to Lovett Care, the award-winning care home provider.
The bespoke loan from OakNorth will be used to support the development of Lovett Care’s latest purpose-built care home situated in Northern Moor, Manchester. The new site will consist of 59 en-suite rooms, lounge and dining facilities, hair and beauty salon, café, and activity room, and will specialise in offering nursing and dementia care, as well as treatments for other mental health conditions. The facility follows OakNorth’s initial loan to Lovett Care in March 2023, that was used to support the group’s future growth.
About Lovett Care: Founded in 2009, Lovett Care specialises in offering residential, nursing and dementia care across England and Wales. The past three years has seen the business grow to nine care homes, with the Group’s current portfolio now consisting of over 500 beds. With a core focus of enabling older people to continue living an active and enriched life, regardless of their needs, Lovett Care have built-up a strong reputation in all the areas they operate in.