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Runwood Homes Client Story. Corporate Banking at Barclays

Runwood Homes

“We have been able to achieve the right level of cost-effective funding in partnership with Barclays, meeting both our day-to-day financing and longer-term growth needs. This will support our ongoing reputation for quality and our trusted brand name in the care sector.”

Logan Logeswaran, Managing Director,
Runwood Homes Ltd.

The client

Runwood Homes is a highly recognised care provider within the UK and currently has 82% of its homes rated Good and 1% rated Outstanding by the Regulator in England (Care Quality Commission). Runwood operates more than 70 residential care homes across England and Northern Ireland as well as a number of day care centres, with 4520 residents in its homes and an employee team of equal number.

The Challenge

Runwood’s strategic growth plan is to maintain the existing portfolio of care homes across the UK, as well as develop new homes, with a focus on quality and trust in its brand.

The Solution

Funding for both maintenance and growth has been provided by Barclays through a syndicated loan of which Barclays holds £98 million of the total £136 million and acted as lead bank.

The funding includes a Term Loan and Revolving Credit Facility. As well as acquiring several new homes, many new jobs have been created with the support of this new facility.

Find out more

Corporate Lending

Benefit from a wide range of finance products to grow your business, recapitalise, refinance and consolidate debt.

Term Loan

Receive finance over a specified period for general business needs.

Contact Us

New to Barclays? Our experienced UK-based team can listen to your business need, offer assistance on-the-spot or put you in touch with the right specialist at Barclays. Call us on

0800 015 4242*

Alternatively we can call you back or you can email us with your query.

Existing client?

How can we help?

To discuss switching to Corporate Banking at Barclays, call us on: 0800 015 4242 *