Acquisition positions Lincolnshire care company for growth

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.


Acquisition positions Lincolnshire care company for growth

Grantham-based Kings Court Nursing Home is under new management and primed for expansion, thanks to a six-figure finance package from NatWest.

Umesh Kotecha and Ronnie Chotai with John Hemsworth, NatWest senior healthcare relationship manager

New owners Umesh Kotecha and Ronnie Chotai have been in the care industry for 23 years, already owning a number of care services based in Northampton and Leicester under HH Care Ltd. 

Keen to expand their portfolio, the duo secured an investment through NatWest and the government-backed Funding for Lending Scheme.

With the care home staff headcount currently standing at 50, the investment also sees HH Care Ltd develop a new domiciliary care service to cover the town and surrounding areas. Domicilliary care, which is support and personal care provided in the client’s own home, will create a further 30 local jobs. 

Umesh Kotecha, director of HH Care Ltd, said: “Our ethos is to provide the quality of care to our clients that we would want our family members to receive. Kings Court Nursing Home has a fantastic reputation, which we will be sure to continue while offering additional services to the community.

“NatWest were very supportive and the process has been straightforward.”

John Hemsworth, senior healthcare relationship manager for NatWest, added: “It is great working with Umesh and his family, who have a real passion for offering the best care possible. I’m looking forward to supporting the company with their future business goals.”

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.

Set Tab for lightbox