The business advisory firm FRP has organised an expansion of capital refinancing for Renal Services (UK).

Renal Services operates 20 dialysis units across the UK and provides care and support to more than 1,000 NHS patients.

The new financing structure will support the construction and fit-out of new dialysis clinics over the next 12 months.

The new finance facility comes after Renal Services secured a series of additional NHS contracts.

Stefano Ciampolini, chief executive at Renal Services, said: “Away-from-hospital treatment plays a vital role in ensuring dialysis patients in communities across the UK have access to the highest quality of care. Our national network of satellite units offers complete flexibility for patients and creates a model with exceptional growth potential. Having the capital available to fund new units is a major boost for us and gives us every confidence of building on our growing status as a partner of choice for the NHS.” 

Tom Cox, partner in the debt advisory team at FRP (pictured), said: “This new funding provides Renal Services with the headroom to deliver the highest quality of care to an increasing patient population while recognising that it has even greater growth ambitions in the long term.”