Forma-Care (UK) Ltd, a leading supplier of continence care products to the NHS, has secured a significant funding package with the support of Leonard Curtis.
The arrangement marks over £5m of funding raised in recent years, ensuring the Durham-based firm can accelerate its growth strategy, invest in product innovation, and strengthen supply chains amid market pressures.
The partnership between Forma-Care and Leonard Curtis goes back six years, when the business was first established. Its unique ‘single-debtor’ financing model, structured without personal guarantees, required a bespoke solution underpinned by proven ledger performance and clear future potential. Working in close collaboration with funders including Cynergy Business Finance and Abcor Finance, Leonard Curtis secured an initial credit line, with an additional facility to follow.
Wayne Dobson, managing director of Forma-Care, said: “Leonard Curtis has been with us since the very start, and the team’s unwavering support has been instrumental to our success. This funding package will allow us to continue growing, innovating, and meeting the evolving needs of our customers.”
Phil Trueman of Leonard Curtis added: “The package we have helped the business secure puts them on a firm financial footing to continue its development journey.”
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Durham medical supplier clinches multi-million pound funding boost