ACH Group

ACH Group

Established in 1952, ACH Group is the largest private aged care provider in South Australia. The organisation delivers a wide range of services, including retirement and residential accommodation, home nursing, respite services, and short-term transition support.

Problem

ACH Group needed a new fleet management system to streamline and optimise the management of over 300 vehicles. The Group didn’t want to commit upfront capital for a new software solution, so was seeking the most appropriate finance package.

Solution

In partnership with ME Bank, Northquest financed 100% of the new $2.4 million fleet management system, which included all services and software, and took 12 months to build. ACH paid nothing for the first 12 months, after which all costs (including capitalised interest) were rolled into a 3+2 year unsecured rental contract.

Northquest delivered an innovative funding solution for ACH that will facilitate the growth of our business. The Northquest team, working with HESTA and ME Bank, were professional and efficient, and were able to get the funding solution approved and drawdowns started with minimal input from us. I have no hesitation in recommending Northquest as a finance partner.”
Michael Elias - General Manager, Corporate Services and Acting General Manager, Housing

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