OakNorth Bank provides £6m loan to returning customer and leading care home provider in Jersey, LV Care Group, to support future growth.
OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has provided a £6m loan to returning customer and leading care home provider in Jersey, LV Care Group.
The capital from OakNorth will be used to refinance an existing loan on its Cheval Roc care home, whilst also supporting the group’s future growth. With panoramic views of Bonne Nuit Bay, Cheval Roc consists of 41 bedrooms, with the majority of its en-suite rooms offering excellent sea views.
About LV Care Group: Founded in 2011 by Nick Bettany and Chris Shelton, LV Care Group was established to develop care homes for elderly clientele in the community including home care, dementia care, mental health and wellbeing care, as well as nursing and residential accommodation. The group continues to be well-renowned ambassadors for independence and the preservation of quality of life, with its care services delivered by trained professionals, dedicated to enriching lives by looking after and supporting health, wellbeing and safety.