Cheshire-based Reaseheath College, one of the UK’s leading specialist agricultural and horticultural colleges, has secured a £15 million funding facility from the education division at Santander Corporate and Commercial to increase the number of courses it offers, expand its student accommodation portfolio and grow the college’s reputation both nationally and internationally.
Reaseheath is one of the top five agricultural and horticultural colleges in the country and a national leader in niche courses such as food engineering, agriculture and animal management. The 330-hectare land-based college, mainly located on the outskirts of Nantwich in Cheshire, offers unique campus facilities with a full working dairy farm on site, parklands, an equine centre and a licensed food factory. The college has also attracted a number of notable visitors over the years including Her Majesty the Queen, who opened its new site in June 2010.
The funding was provided following an initial refinancing package of £14.5 million in 2017; in addition, the college has transferred its full banking relationship to Santander.
Graeme Lavery, Chief Finance Officer and Director of Resources, Reaseheath College, said: “Reaseheath College have been delighted with the support provided by Santander to date. The series of new capital developments that we have underway are important for the ongoing success of the college in providing high quality facilities for our learners and employer partners with whom we work in equipping students for their future careers.”
John Ramsay, Relationship Director, Education Team at Santander, said: “We are delighted to be able to support Reaseheath college with this funding and look forward to supporting the college to achieve its goal of expanding both nationally and internationally. It has a strong reputation in a number of key areas and its relationship with local and national businesses has been a key driver in its growth.”
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Notes to editors
For media enquiries regarding Reaseheath College please contact:
Graeme Lavery T: 01270613202 E: GraemeL@reaseheath.ac.uk
The Santander Corporate and Commercial press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.