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United Kingdom : £1.5m funding secured by Camelot Care

May 27, 2014

A South West care home business has gained a 1.5m funding deal with the Royal Bank of Scotland to expand one of its homes.

Camelot Care, owned by husband and wife team John and Angela Teasdale, is adding a 28-bed dementia unit to its Wellington home after getting the finance.

Angela Teasdale said, "This is a really exciting period for Camelot Care and allows us to extend our care for those that suffer with dementia . "The extension is on track to complete in the summer and we look forward to welcoming our new patients at this time. My thanks go to Martin at RBS who has been fully supportive throughout and believed in what we wanted to achieve."

Camelot Care has been working for 15 years in Wellington and Plymouth with a further care home in the process of being developed in Bridgwater called Avalon House.

Martin Wright, relationship director at RBS, added: "The extension is in its final stages and when it is completed will offer additional care for dementia patients. This is in recognition of the increased demand for these specialist care facilities in the local community and will benefit residents of the home and their families."

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Source: TendersInfo (India)

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