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Care home finance

We provide specialist finance for care homes, nursing homes and residential homes.

91.5%

of care homes expect their income to improve*

83.5%

of care homes are considering investing in their business in the next 12 months*

95%

of care homes believe their workforce is as diverse as it should or could be*

* Braemar Finance Business Barometer

Finance to support you and your business

If you are looking to finance new equipment, refurbish your premises or invest funds in your business, we can tailor a finance package to suit your individual needs.

As specialist finance providers for care homes, nursing homes and residential homes, we provide equipment finance and unsecured loans through our range of Leasing, Hire Purchase and Loan products.

What can we finance?

Working with businesses and individuals, we can support cash flow by financing: 

  • equipment purchases 
  • refurbishments 
  • tax payments 
  • buy-ins/buy-outs 
  • acquisitions

Tailor-made finance

Our team of finance specialists understand the opportunities and challenges you face.  Their in-depth market and product knowledge means they can work with you to provide tailor-made and tax efficient finance solutions to support the growth and development of your business.

Care Home finance agreement types

Our range of Leasing, Hire Purchase and Loan products allow for fixed monthly repayments enabling you to budget with confidence whilst enhancing your cash flow.

    Hire Purchase allows outright ownership of the asset and enables you to spread the cost over a term that suits you.

    • Expenditure may be allowable against taxable profit within your Annual Investment Allowance in the year of purchase to the sum of £1,000,000
    • Easier cash flow budgeting as repayments are fixed
    • Capital preservation - existing funds can be used elsewhere
    • Interest charges can be offset against profits for taxation
    • Outright ownership on completion of the agreement

    If you want to maximise the use of your equipment without the responsibility of owning it, leasing will give you the freedom and flexibility you need.

    • Easier cash flow budgeting as repayments are fixed
    • Capital preservation - existing funds can be used elsewhere
    • No upfront deposits required
    • Protection of existing credit lines, making any further borrowing easier
    • Fixed payments - tailored to suit your individual circumstances
    • Tax efficient - repayments may be offset against taxable profit
    • Up to date equipment - be ahead of your competitors

    Tax loans permit you to spread the cost of your tax demand into affordable monthly payments.

    Benefits of a tax loan:

    • Control of cash flow
    • Fixed monthly payments
    • Faster Payments
    • Protects existing bank facilities
    • Quick and simple to arrange
    • Flexible repayment terms
    • HMRC receives payment on time

    A personal loan is a form of borrowing that can be used for virtually any purpose which is both easy and convenient and allows you greater flexibility.

    Personal loans can be used for purposes such as:

    • Tax bill funding
    • School fees
    • Home improvements
    • Weddings
    • Holidays

    If you have a number of existing agreements, credit card balances and other regular finance overheads, a consolidation loan may be the way forward.

    Benefits of consolidation and refinancing:

    • Combines finance commitments
    • One monthly payment
    • Term of agreement to suit
    • Simplifies cash flow
    • Improved budget control

    When buying into or starting up a new business, you may need to borrow funds to support the purchase or invest in renovation.
     
    Business loans can be used for:

    • Acquisition finance
    • Refurbishment project
    • Capital injection / release
    • Buy in / buy outs

     

    Why choose Braemar Finance:

    • Nationwide team of care home finance specialists
    • Excellent level of customer service
    • We can work alongside multiple suppliers on your behalf
    • In-house underwriters provide rapid decision-making
    • Tailored solutions to meet specific business needs
    • Short and long-term lending options

    Contact us today

    Find out how we can help you today.

    Get in touch

    Client testimonials

    I have used Braemar Finance on numerous occasions and have always found them to be open, responsive and willing to tailor their service to my individual needs.

    Braemar Finance have been extremely supportive, and we are very pleased with the service and support we have received. I could not recommend them highly enough.

    A company who provides a genuinely individualised service for their customers.

    Excellent service, I have been dealing with Braemar Finance for 20 years and had no problems.