The Finance Algorithm
BOQ Specialist

Fit Out Finance

You've rented or purchased premises for your practice and now you need to fit it out with fixtures and fittings to make it look professional. We know it's a complex task, with all sorts of hidden pitfalls and unforeseen costs that can be exacerbated by restrictions of the finance you've arranged. We make it easy with a flexible escrow facility which covers everything - and we mean everything, from dry walling right down to carpets, windows, paint and plumbing. We manage the payments to suppliers under your instruction and you pay the total amount back in one simple repayment structure. Fit-outs are a large investment in your practice and while it's important that you choose the right assets and equipment, it's equally important that you choose the right kind of financing.

Business loansRates on applicationBank updated 7 May 2026
At a glance
Pricing
Rates on application
Variable
10.70%
Monthly fee
$25
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableInterest only10.70%
§ 02 — Fees · 16
FeeTypeAmountWhenNotes
Payment Dishonour FeeDishonour$15Charged each time a cheque or payment made by you is dishonoured
Bank Cheque FeeEvent$10Charged if sending payment via Bank Cheque (per bank cheque)
Escrow Services FeeEventVariesAn escrow services fee is payable at the end of each escrow agreement you make with us.
Settlement Cancellation FeeEvent$150Charged if a booked settlement does not proceed
Discharge FeeExitVaries$150 (PPSR security) $250 (property) Charged each time a security is discharged (per security)
Termination FeeExitVariesPayable if an agreement is terminated before expiration of the term of that agreement
Direct Debit Processing FeePaymentVariesCharged for each time a direct debit is received from you
SWIFT FeePayment$30Charged if sending payment via SWIFT
Monthly Account Keeping FeePeriodic$25Every 1 mo
Documentation or Establishment FeeUpfrontVariesCharged for set up of the Facility
Application Reassessment FeeVariation$250Charged when an application is reassessed
Break CostsVariationVariesPayable if an agreement is terminated before expiration of the term of that agreement
Consent to lease FeeVariation$395Charged when a consent to registration of lease and production of Certificate of Title is required
Substitution/Assignment/Novation FeeVariationVaries$450 plus any applicable External Costs
Trust Deed ReviewVariation$220Charged when a trust deed requires review
Variation FeeVariationVaries$395 - $950. Charged for any variations made to the loan that need documentation
§ 03 — Features
  • · Flexible draw-down facility for payments during the fitout process
  • · Manage payments across various suppliers/trades people
  • · Flexible terms and repayment options including low startup repayments
  • · A range of fitout finance options including lease, hire purchase, rental or chattel mortgage
  • · Options of no repayments during the drawdown stage to free up cash flow
  • · Your dedicated financial specialist can manage the facility and payments of invoices to free up your time
§ 04 — Eligibility & limits
  • · Exclusively available to medical, dental, veterinary and accounting professionals

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 7 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.