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SME Capital supports Cumbrian based Home Care Service providers growth plans

SME Capital is thrilled to be supporting Beacon Home Care Services Ltd with their recent acquisition, forming part of their broader growth strategy in the region. 

The Beacon Group is led by healthcare entrepreneur Ross Tomkins, providing domiciliary care services across Cumbria. Ross has acquired three domiciliary care businesses since early 2020, providing a strong platform for SME Capital to support this additional bolt-on opportunity. 

The acquisition will broaden Beacon Home Care Services’ geographic footprint and enable further growth as part of their buy and build strategy in the sector. 

Blaise Commercial Finance facilitated the introduction, with SME Capital providing a senior Term Loan to support Beacon Home Care Services with their growth plans. 

Beacon Home - SME Capital

Commenting on the deal, Beacon Home Care Services Founder Ross Tomkins said: 
“At Beacon Home Care Services, we've always aimed for excellence in providing domiciliary care services in Cumbria. Today, I'm thrilled to share that our journey takes a significant step forward with SME Capital's support.  Their commitment to our vision and dedication to fostering strategic business growth is truly commendable. With their expertise, we are expanding our geographical footprint, strengthening our position, and delivering even better care to our clients. I want to express my gratitude to the entire Beacon team for their unwavering dedication and to our partners at both Blaise Commercial Finance and SME Capital for believing in our mission. Together, we're creating a brighter, healthier future for our community.” 

Regional Director for SME Capital, Chris Collings, added:

“It has been a pleasure getting to know Ross and the Beacon team, and seeing the difference they are making across the communities they support. This has given the business an excellent platform for growth, and we look forward to supporting them along the journey as they expand their services and improve the livelihoods of others.“

SME Capital were supported by Clarion with legal documentation. 

About SME Capital

SME Capital – is a UK-based alternative lender, founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. SME Capital understand the importance of real and trusted relationships in the SME lending market and have dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, SME Capital are supporting established UK SMEs with their long-term objectives and business ambitions.

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October 2023

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