ANZ

Banking for Your Business

Aged care and retirement living

ANZ Aged Care & Retirement Living provides commercial banking financial services to aged care and retirement living providers.

ANZ's Aged Care & 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:

Bill Mitchelmore
National Associate Director, Aged Care
+61 3 9273 0032


This product/service is suitable for businesses of all sizes.