Fisher Care Group has secured a £21m loan from Triodos Bank UK to buy and develop two care homes in the North of England, adding 136 beds to its portfolio.
The funding will go towards The Maltings Care Home in Bridlington, East Yorkshire, and Atkinson House in Leeds.
Both buildings are already complete but will be upgraded by Fisher Care to meet its standards before opening to residents.
The Maltings is expected to be operational by March 2026.
Joshua Fisher, operations director at Fisher Care, said: “Our commitment to providing kind, compassionate and safe care services forms the cornerstone of everything we do at Fisher Care Group.
“These two additions to our portfolio of homes means that we can expand on our mission of providing places that immediately feel like home, where residents and their families can spend precious time together.”
Ben Honeyman, senior relationship manager at Triodos Bank UK, said: “As part of our focus on wellbeing at Triodos Bank UK, we are committed to financing values-based care providers and supporting the changing needs of the healthcare sector.
“Fisher Care’s values as a care provider matches those that we carry with us at Triodos and so we are really pleased to be able to support them in their growth.”
