Aged Care Loans

Australia has an ageing population that will continue to grow significantly over the next 25 years. Approximately $3 billion per annum is already required to fund individuals moving into aged care facilities. The ability to fund entry to an aged care facility will become an important one for your customers.

Most individuals have to pay a Refundable Accommodation Deposit (RAD) commonly exceeding $500,000. How to fund this deposit can be difficult, stressful and most often at a time when a decision needs to be made quickly.

Click on the video below to see how an Aged Care Loan can help fund the RAD and also keep the family home. This flexible solution gives the breathing space to consider financial needs and decide what financial requirements will best suit the family.

Source: LaTrobe Financial