Financing Long-Term Value
When owner William O'Sullivan needed funding to support refurbishment of St. Kieran's Nursing Home, he chose hassle-free loans from Linked Finance. The improvements are now driving the business forward and turning it into a market leader.
In line with Nursing Home Ireland's mission, sector ethos dictates that nursing homes are places where clients should experience a safe, happy, caring and fulfilling environment.
Committed to ensuring those who use their services can call their nursing home 'home', William O'Sullivan developed St. Kieran's Nursing Home with the care and dedication that the sector has come to expect.
Located in Midlands Tipperary North, the home provides a living development exclusively for elderly clients. Equipped to provide long-term, short-term, palliative and respite care, the nursing home is staffed by fully qualified professionals supported by local medical centres.
Ensuring residents continue to enjoy the activities and lifestyle they are accustomed to, this nursing home constantly endeavours to provide facilities to keep clients active and comfortable.
To this end their facilities include an on-site GP, diet management, hairdressing, religious services, baking, bingo, gardening and outdoor seating that residents and their visitors can enjoy. The home is fitted with special-care showers and toilet facilities for disabled users, and there is regular physiotherapy facilitation.
The company prides itself on providing above and beyond comfort, and HIQA and NHI have consistently assessed the home and its highly-trained employees favourably.
Presently, private and voluntary nursing homes are meeting the growing care requirements of our ageing population, and St. Kieran's is required to engage in regular assessments to drive forward their plans to excel.
“Applying to the Linked Finance platform was an excellent experience for us. We could never have thought this modern quick and hassle-free P2P finance could be so compatible with our business strategy.”
St. Kieran's Nursing Home
As a result the nursing home requires regular refurbishment and amenity improvements to align their provision not only with sector standards, but with their own ambition to provide market-leading elder care.
To support their projections with the accommodation improvements to match, access to a fast and affordable source of regular funding is critical.
After a review of his options, William came upon Linked Finance. The easy applications, dedicated account-manager support, quick decisions and fast access to funds made it an obvious choice.
Whether they required fitting of LED lighting, kitchen renovation or general refurbishment, they have been able to turn to Linked Finance for finance support. Each loan request was published on the Linked Finance platform and funded instantly, meaning that the funds were ready for draw down the very next day.
“Within 24 hours our loan was available for drawdown due to the support of Linked Finance's lenders. Working with the platform was a breeze. I would recommend them to any health provision SME with plans for growth.”
St. Kieran's Nursing Home
If you work with Irish SMEs and require a flexible financing solution for your unique business, talk to Linked Finance today. Call now on 01 906 0300.
Case Study Snapshot
Business: St Kieran's Nursing Home
Purpose: Regular Refurbishment