Care service to buy new facility after landing £200,000 loan
A Corby care service for adults with learning disabilities has secured a £200,000 loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners.
The funding will enable BDC Healthcare & Education to buy a new care facility in Northamptonshire while also creating several employment opportunities.
BDC is a care service for adults with learning difficulties and disabilities ranging from brain injuries, autism, ADHD, dyslexia and dyspraxia. Service users’ ages can range from mid-teens to mid-60s, with BDC providing sensory activities, real work skills, travel training and other life skills.
Shoaib Arshid,managing director at BDC, said: “It is great to receive the backing and support of MEIF and Maven. The funding will enable us to acquire another facility, allowing us to support more adults with learning disabilities and give them an opportunity to live more independently.”
Graham Hall, investment manager for Maven, said: “We are delighted to provide this funding to BDC. The business provides a well-needed service to the region. The vision for BDC is to continue to roll out services and we are pleased to have provided it with the initial funding to kick this process off. We look forward to seeing the business grow over the upcoming years.”