Athena Healthcare Group

Development Finance

This is the second loan Athena has taken out with Avigo Capital; the first was a £2.55m loan that was paid back in full, with interest, to build the Abbey Wood Lodge care home, a high quality 61-bed facility in Ormskirk.

Steven Wylie has undertaken significant research within the healthcare sector and specifically for the elderly with dementia. He has a solid track record of delivering projects of the highest quality on time and on budget. There will be an experienced nursing home manager, with over 20 years of experience in the sector, running the day-to-day operation.

£3.3m

Total borrowed (approx.)

£2870

Average amount lent (approx.)

The plans for the new care home will ensure it is of the highest quality and will feature larger than normal rooms, adjustable orthopaedic beds, en-suite wet rooms and will be furnished to a high standard.

“We have been extremely happy with the service provided by Avigo Capital. On both transactions the team at Avigo understood our needs as a business and provided terms to suit them. It was a quick and relatively straightforward process to drawing down the loan. We would recommend Avigo to other businesses looking for funds.”

- Steven Wylie, Director