Care provider Baycare Domiciliary Care Limited has expanded into new premises in a central location in Paignton and is looking forward to the opportunities this will present. The Royal Bank of Scotland (“RBS”) funded the purchase through the provision of a six figure bank loan.
Baycare is the established business of four directors who share significant experience in the healthcare sector and have built up a £600,000 annual turnover business. Operating across South Devon, the company have witnessed steady growth since 2010 providing a care service to meet and exceed the needs of people that require personal care, domestic care, live in care through to end of life care. The 52 fully qualified care staff were previously managed from smaller premises but as the demands are on the rise for their services, Baycare required larger premises to grow.
Nick Connors, Healthcare Relationship Director at RBS, has vast knowledge to offer a care provider in the healthcare industry. Nick worked with Alan Baker and the management team to structure a six figure funding package that has allowed them to purchase premises on the high street in Paignton to raise their profile in the local community. The fit-out is now complete and Baycare have opened their doors and look to the future with great confidence.
Alan Baker, Director at Baycare Domiciliary Care Limited said, “It has been an exciting time for us and is a real landmark for the company’s next phase of expansion. Being so visible in Paignton will serve us well and we are confident this will assist job creation and new business. Nick is extremely experienced in this sector and we are pleased he could support our aspirations. Our long-term focus is to expand our business locally and the surrounding area, whilst continuing to provide the highest standards of care.”
Nick Connors, Healthcare Relationship Director at RBS, added, “The new premises are 100% bank funded and will assist Baycare to expand across South Devon giving them a visible identify in Paignton. This expansion is testament to our commitment within the healthcare sector and delighted RBS were able to help them achieve their short-term goals. I wish the Baycare team well as they settle into their new surroundings.”