This funding will support the care home developer in land acquisition, development and investment activity.

LNT has so far developed more than 250 sites, representing over 16,500 beds, and aims to build a further 15-20 care homes over the next three years.

The facility will initially support five schemes, totalling 330 beds, in Norfolk, Devon, Gloucestershire, Cheshire and Tyne & Wear.

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“This landmark transaction for Leumi UK represents our largest healthcare facility to date and demonstrates our ability to tailor financing solutions that support a top-tier, scalable platform,” said Guy Brocklehurst, relationship director at Leumi UK.

“It reflects the strength of our relationship with LNT as well as our conviction in the long-term prospects for the care sector in the UK.”

Matt Lowe, CEO at LNT Care Developments, added: “We are thrilled to build on our trusted partnership with the Leumi UK team, whose support gives us the flexibility we need to deliver our pipeline of new sites.

“We have ambitious growth plans and Leumi UK is an important funding partner as we continue to develop high-quality, best-in-class care facilities across the UK.”