The new funding arrangement strengthens Meallmore’s long‑term partnership with HSBC UK and provides enhanced financial flexibility as the organisation continues to expand its portfolio, create new jobs, and deliver exceptional standards of care for residents.

The facility will support a pipeline of new developments including a new care home in Broughty Ferry, upgrades to existing homes, and continued innovation in clinical care, hospitality, and resident wellbeing.

Due to be completed in 2027, the 54-bedroom home in Broughty Ferry will bring around 60 jobs to the local community.

Cillian Hennessey, CEO at Meallmore, said: “This facility represents a strong vote of confidence in Meallmore’s track record, our people, and our long‑term strategy. It enables us to continue investing in our homes, our teams, and the communities we serve, ensuring we remain at the forefront of high‑quality care in Scotland.”

Neal Tully, global relationship director at HSBC UK, added: “It’s been a pleasure working with Meallmore over the years and seeing the team expand their portfolio to become a leading care home provider. This latest round of funding and the construction of a new home will not only strengthen their offering but also create jobs and deliver a modern care environment for the local community.”