Aged care and retirement living - Banking for your business
Aged care and retirement living
ANZ Aged Care and Retirement Living provides commercial banking financial services to aged care and retirement living providers.
ANZ's Aged Care and Retirement Living industry team has a strong understanding of the evolving conditions within the aged care industry through their close association with industry bodies:
- Aged and Community Services Australia (ACSA) - ANZ is the only bank to be a national partner to ACSA
- Aged Care Association Australia
- The Retirement Village Association.
Our national network of industry specialists can help with:
- funding acquisitions or building new independent aged care and retirement living units and aged care homes
- refurbishment of older villages and aged care homes
- land banking for future expansion and aged care approval rounds
- structuring your financing according to the different requirements of the public, private and not for profit sectors
- finance structures that recognise the value of deferred management fees and accommodation bond flows
- banking solutions to assist in meeting an operator's statutory requirements for accommodation bond liquidity.
Products and services available to ANZ's aged care and retirement living clients
Our Aged Care and Retirement Living specialists will work with you to develop a holistic banking solution, featuring:
- flexible terms
- lending against the going concern value of an existing business and the projected going concern value of a new business
- short-term liquidity requirements and investment opportunities
- leases for vehicles and equipment (including beds)
- liquidity lines for accommodation bond redemption
- transaction banking arrangements which minimise administration time in collecting resident receipts and government funding.
To learn more about ANZ's expertise in aged care and retirement living, please call:
Jason Plehn
Director Healthcare
+61 3 9273 0497
This product/service is suitable for businesses of all sizes.
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