Investment positions private ambulance company for expansion

Investment positions private ambulance company for expansion

A medical care and private ambulance company expects its turnover to double in the next 18 months following a seven figure lending deal from NatWest, RBS and Lombard.

Caring for You provides a private ambulance service, including organ transplant and high dependency vehicles

Benfleet-based Caring for You PTS is hoping to exceed the £8 million turnover mark and is primed to expand its existing overseas business, especially in Europe, after securing a finance package through NatWest and RBS Invoice Finance. A further investment through Lombard Vehicle Solutions will enable Caring for You to add three new ambulances to its fleet of 95 vehicles.

Founded in 1995 by former senior ambulance officers and clinicians, Caring for You operates nationally providing a private ambulance service, including organ transplant and high dependency vehicles, and has contracts with several hospitals including Royal Brompton, Royal London and Harefield.

The company, which has a staff headcount of 150, also provides paramedic cover for a wide range of events and clients ranging from hardcore obstacle challenge Tough Mudder to the Dutch Olympic team, and at a variety of venues including Alexandra Palace. A sister company, Nationwide Emergency Education, also offers clinical skills training and emergency response driving skills to healthcare professionals.

John Donovan, director of Caring for You, said: “We’re proud of the reputation we’ve established over the years for excellent service, compassionate care and reliability. I am extremely fortunate to be surrounded by a highly skilled and passionate team who make this all possible.

“I am absolutely delighted to be extending our services and growing the business, ultimately to meet our clients’ needs.”

He praised the understanding and professionalism of the NatWest staff working with his company. “We have a tremendous relationship manager in Andy Cook. We involve him at an early stage with everything we do,” he said.

“Andy and the team at NatWest have been very professional and have a complete understanding of our business – they really get what we’re trying to achieve.”



Related articles

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.

New jobs in medical equipment with NatWest funding

A Buckinghamshire producer of medical devices and equipment is bringing manufacturing back to the UK and almost doubling its workforce thanks to funding from NatWest.

Latest news

Women and millennials help drive £17bn+ franchise sector to record levels

New research from NatWest and the British Franchise Association (bfa) highlights changes and profitability in the sector.

Winners announced for Skills & Opportunities Fund

52 winning organisations have been announced for round two of the 2018 Skills & Opportunities Fund.

RBS Multicultural Network meets Eric Holder, 82nd US Attorney General

Simon McNamara, RBS Chief Administrative Officer and Executive Sponsor of the RBS Multicultural Network, recently hosted an event in discussion with Eric Holder, the first black US Attorney General. They discussed career, ethnicity, diversity and even a little bit of politics. At the event, Eric Holder shared his wisdom and experience with attendees from the RBS Executive committee and RBS Multicultural Network. Simon McNamara blogs about his experience meeting Eric, a BAME role model, and why diversity is so important to RBS.

Set Tab for lightbox