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£3.9 Million Funding Raised for Magpas Air Ambulance

Magpas Air Ambulance is a charity that exists to save lives by providing advanced emergency medical care to the very sickest patients in the East of England and East Midlands.

The funding consisted of raising a £2.5m term loan from Charity Bank, a specialist charity bank, as well raising £1.4m from the Social Investment Business Recovery Loan Fund.

Allia C&C has been delighted to advise Magpas on its £3.9m funding requirement to develop a new airbase at Alconbury Weald.