PMD supports UK’s first connected health centre with £506k funding

Specialist lender PMD Business Finance has supported the launch of a new integrated healthcare facility in Nottingham, providing more than £500,000 in funding to equip what is being described as the UK’s first “connected” health centre.

The £506,000 asset finance facility enabled Balance Health Nottingham to invest in a wide range of advanced clinical and rehabilitation equipment ahead of its opening, bringing diagnostics, treatment, fitness and recovery services together under one roof.

Structured over five years, the funding supported the acquisition of high-spec medical imaging technology, including an open MRI scanner and ultrasound systems, alongside x-ray equipment for outpatient services. The package also covered fitness and pilates equipment designed to support integrated rehabilitation programmes.

Balance Health Nottingham has been developed and is operated by a team of doctors and healthcare specialists, with a focus on evidence-based care and a joined-up patient experience.

As a new venture combining clinical and fitness services, the business required a flexible funding solution capable of covering a diverse asset base – from diagnostic imaging to gym equipment – within a single facility.

PMD worked closely with the management team to structure a tailored finance package aligned with the scale and complexity of the project, while also coordinating with suppliers to ensure equipment delivery and installation met the centre’s launch timeline.

The funding process was led by Sam Kaberry, supported by Ricky Scott and the wider PMD team, who acted as a single point of contact throughout the build and launch phase.

A central supplier on the project was Esaote, which installed a Magnifico Open MRI scanner and MyLab X90 ultrasound system at the facility.

The company said close collaboration between supplier and lender was critical to delivering a funding structure that met the needs of the project, while ensuring the timely installation of specialist equipment.

Esaote added that it would continue to support the centre with training, service and ongoing technical support as it expands access to diagnostic imaging services in the region.

The funding allowed Balance Health Nottingham to open its doors last month, unveiling a purpose-built space designed to combine advanced clinical capability with a premium patient environment.

Ben Gooding praised the support provided by PMD, highlighting the role of the finance team in helping bring the project to life.

“It was such a pleasure to work with the team at Balance Health. Seeing the facility in person really brings it to life! The space is vast, beautifully designed, and the team behind it are fantastic,” he said.

He added that PMD hopes to continue supporting the business as it grows, with the project demonstrating how tailored asset finance can enable ambitious, multi-disciplinary healthcare developments.