THE Co-operative Bank is providing funding for the development of a £5 million residential nursing home in Sheffield, which will specialise in the care of people with dementia.
Woodhill Grange on Grimesthorpe Road is being developed by Horizon Care Homes, a newly launched division of a family business headed by Laura Higginbottom.
Laura, who is a barrister, explained how her grandmother’s experience had led to the launch of the business.
She said: “My grandmother sadly suffered from Alzheimer’s in her later years. Once we accepted she needed full-time care, we looked at the possibilities and, frankly, we were thoroughly unimpressed with what we found.
“Together with my sister Rachel and the rest of our family, we decided to provide the best residential care for elderly people, specialising in dementia. We wanted our company ethos to reflect that of a family business.”
Laura Higginbottom praised the Co-operative Bank and its senior corporate manager, Steve Clarke.
Laura said: “It is important to have a personal relationship with your bank, and The Co-operative Bank is able to provide just that. Sadly, not many other banks are.
Steve Clarke said: “A key part of our approach is to develop and maintain long-term relationships with customers such as Laura.
“Even in today’s uncertain economic climate, we’re still very much open for business and lending to companies with impressive business strategies.”
The loan covers the entire cost of a 75-bed residential home for the elderly, specialising in dementia care, which is due to open in April.