OakNorth backs Macc Care again with growth funding package
What's the deal? OakNorthDealroom has a profile for this one. Try Dealroom → has provided a multi-million pound funding package to Macc CareDealroom has a profile for this one. Try Dealroom → Group, the Birmingham-based care home developer and operator, to support its growth and expansion across the UK. The digital bank described Macc Care as a returning customer. The deal was announced on November 5, 2026.
Who's involved? Founded in 2004 by Dr Naz Nathani, Macc Care operates 20 care homes and is building clusters of homes in urban areas. It has grown its presence across the midlands and central England.
Why now? This is not OakNorth's first deal with the operator. In November 2025, Macc Care secured a co-loan from OakNorth and Ortus Secured Finance to refinance existing debt and support future growth.
What's the endgame? The funding backs Macc Care's continued expansion as one of the UK's leading developers and providers of elderly care, a sector facing rising demand. More than 980,000 people in the UK currently live with dementia, a figure expected to climb by 2030.
The signal: OakNorth continues to deepen its push into UK care-home lending. Recent deals include an £8.3m loan for a retirement development in Renfrewshire, a £10.8m loan for a 75-bed home in Kent, and a £5.5m loan to home care provider Care SantéDealroom has a profile for this one. Try Dealroom → — signalling steady appetite for financing an ageing population's care needs.
Read more: laingbuissonnews.com
Image credit: USACE Europe District
