Case study
Cosmetic surgery group Elanic has used a funding package including debt finance from the Investment Fund for Scotland to support the development of its private healthcare facilities on Bath Street in Glasgow.
| Region/Nation | Scotland |
|---|---|
| Sector | Health & Social Care |
| Programme | Investment Fund for Scotland |
| Partner |
Based in Glasgow city centre, Elanic used a £2 million funding package to support the development of its private healthcare facilities on Bath Street, with a new hospital space opened in late summer 2024. Funding was provided through the debt fund of the Investment Fund for Scotland delivered by the FSE Group.
The expansion has seen the clinic open the most advanced operating theatre in the west of Scotland, triple its capacity to treat self-pay and private medical insurance patients and create new jobs.
Undoubtedly we wouldn't have got to where we were without being able to access external finance. Once we decided that we wanted to have a state of the art orthopaedic theatre, that put the cost up and we needed more finance to allow that to happen. We went through a process of finding that finance and we were glad that the British Business Bank were able to help us. - Dr. Vivek Savarajan Medical Director, Elanic
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