What We Do?

FINCCH was established to support the growth of the charitable care sector in the UK by:

  • Attracting long term funds to the sector.
  • Marketing CCIF and identifying lending opportunities among care charities.
  • Working with trustees and advisers to prepare applications to be submitted to the CCIF Investment Committee.
  • Maintaining contact with CCIF borrowers to monitor the repayment of loans and where necessary, arrange for assistance for trustees to address key issues.
  • Carrying out research on the socio-economic contribution of care charities.

FINCCH has partnered with MJ Hudson to form a fully regulated and AIFM compliant fund management team to manage CCIF. FINCCH will also help Care Charities in other countries, such as Ireland, to secure long term funding from local and international sources.

Although CCIF exists to support charities, it is not itself a charity.


CCIF Loans

Loans can be arranged for up to 80% of the available security. They can be used for all aspects of the project – extensions, site purchase, and construction – as well as for refinancing existing loans.

The loans from CCIF:

  • Can be repaid over an extended period, typically 15 to 20 years
  • Are priced at a small margin over the UK Git rates
  • Have a low management fee over the cost of funds
  • Can have a grace period on capital repayments of 24 months
  • Are secured on cash flows from the residents, on specific assets and by operating covenants.

Loan covenants cover such topics as maintaining a High Quality home, achieving an appropriate minimum level of occupancy, following best management practice in all aspects of the home, and providing CCIF with a reasonable flow of information.

Who We Are

Mike Hoyle (CEO and Founding Director)
Mike spent six years as a trustee at an Abbeyfield Society in Surrey, including two years as the SE Regional Strategic Head for the (national) Abbeyfield Society. This followed a career in management consultancy, with a focus on planning, investment and restructuring. He has extensive experience of real estate development involving hotels, care homes, hospitals and other developments. Co-authored a book on management.

Professor Clive Bowman (Non-Executive Chairman)
Clive has extensive experience of ageing, the medicine of later life and housing, care and support. Following experience with the charity Brunelcare he became the medical director for Bupa’s Care Services and then responsible for Bupa’s aged care interests internationally. Presently, he has a portfolio of NED roles and is chair of Invatec Health and has an honorary visiting chair at City University, London.

Mark Fox (Non-Executive Director)
More than 30 years in the financial industry holding various posts including Global Head of Investor Relations and Managing Director of ICBC Standard Bank Plc. Served as an advisor to the EU Giovannini Committee and was member of the European and UK Bond Commissions. Has been a chairman, trustee and strategic advisor to various charities.

Ron Staker – Non- Executive Director
Ron’s career has been spent in the Health and Social Care sector, most of it at senior management and Board level. He has worked in the NHS, the private hospital sector, run his own successful healthcare company and, for 22 years, was the Chief Executive of The Brendoncare Foundation, which cares for older people. He has considerable experience of governance, service delivery, financial management and charitable operations.

Dermot Bates (Founding Director)
Dermot is a vastly experienced business professional and a former PwC partner. He has significant property experience including raising funds for urban renewal programmes in the UK, Ireland, Spain and Portugal, working together with Inner City Enterprises and local government.

Colin Peacock – Adviser to the Board
Formerly a Partner with Weatherall Green & Smith, Managing Director of both Higgs & Hill Developments and then of Stonemartin plc, Colin has 45 years’ experience in commercial and residential property. He now specialises in securing financing for property developments and was Chairman of the Property Advisory Board to the Social Stock Exchange.

Katie Toone – Business Development Director designate
Katie has over 10 years’ experience in investment banking in the credit markets working in senior advisory sales roles covering a pan European Institutional client base.  She recently held the role of Director – sales and marketing for a start up in the UK consumer finance sector.  She has worked in the charity sector in a number of strategic development and marketing roles to include Head of Client Relations.

Claudia Alves – Finance Director designate
Born in Brazil, Claudia specialises in blended financial models that have lasting social impact and is a partner of a social impact investing advisory business. Before coming to London, she had over 15 years’ experience of Mergers and Acquisition working for Banco Itaú and Itaúsa Group in Brazil. She holds degrees from Harvard and Insper in São Paulo.