en.Wedoany.com Reported - LNT Care Developments, a care home developer owned by one of the UK's most successful entrepreneurs, has secured £100 million in funding from property lender Leumi UK to support the expansion of its portfolio across the country.

The developer has completed over 250 projects, involving more than 16,500 beds. With this £100 million revolving credit facility (RCF), the company plans to build an additional 15 to 20 care homes over the next three years. The RCF will provide flexible financing for land acquisition, development, and investment activities within LNT's project pipeline, initially supporting five new projects comprising a total of 330 beds. These projects are located in Wymondham, Norfolk; Bourne, Lincolnshire; Braunton, Devon; Thornbury, Gloucestershire; Hoole, Cheshire; and Newcastle Great Park, Tyne and Wear, all developed through LNT's standardized, vertically integrated operating platform.

Matt Lowe, CEO of LNT Care Developments, said the company is delighted to strengthen its partnership with the Leumi UK team, whose support provides the flexibility needed to deliver the new project pipeline. Guy Brockhurst, Relationship Director at Leumi UK, noted that this transaction is the institution's largest healthcare facility financing to date, demonstrating its ability to tailor financing solutions for top-tier, scalable platforms.

LNT Care Developments is part of the broader LNT Group, founded by Lawrence Tomlinson, which also includes racing car manufacturer Ginetta. The Leeds-based group reported positive progress in its latest financial results filed earlier this year.

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