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A family home

Laura Harding expanded her family’s successful care home business, when her Relationship Manager helped her to secure Recovery Loan Scheme funding.

Laura Harding gained qualifications in hospitality management and marketing, and her early career was in customer service with blue-chip companies. She then found it a natural progression to move into the family business of care homes, focusing on providing person-centred care to the highest standards.

When Laura wanted to expand the family business with the purchase of a new home – Alderson House – she turned to Metro Bank for support.

Laura and her family had an impressive track record, having run Glenfields Care Home for over ten years. Glenfields is home to 28 residents and provides excellent person-centred care to patients with dementia and other complex care needs, on a private and social-funded basis.

As a new customer to Metro Bank, Laura worked closely with her Relationship Manager to secure £1.68m* of funding, not only to purchase Alderson House, but also to remortgage Glenfields Care Home. This was done through the government-backed British Business Bank Recovery Loan Scheme (RLS), which was specifically designed to support UK businesses to invest in growth during the pandemic.

“The RLS scheme was the ideal solution for Laura’s business expansion,” explains Howard Mills, Metro Bank’s Regional Commercial Banking Manager in Yorkshire. “Laura has an impressive pedigree in the provision of care for the elderly and is widely respected in her field. This loan facility enabled her to grow her family business with the right type of funding – both supportive and affordable.”

*Lending is subject to T&Cs and eligibility criteria.