BOQ SpecialistEquipment Finance
We offer a range of lending options for investing in new equipment for your medical, dental or veterinary practice. We have helped thousands of practice owners find the best finance solution for their individual situation, and because we only deal with doctors, dentists and vets we truly understand the equipment finance needs of these industries. The equipment you choose for your practice is one of the most crucial decisions you will make. Thanks to our experience and strong partnership with the medical community, our trusted asset finance arrangements allow you to make better use of your cash flow.
At a glance
- Pricing
- Rates on application
- Monthly fee
- $25
Fees
16 fees published, grouped by when they're charged.
- When you take it outVariesDocumentation or Establishment Fee
- While you hold it$25 a monthMonthly Account Keeping Fee
- When you close it or pay it offVaries2 fees, each listed below
When you take it out1
- Documentation or Establishment Fee
Charged for set up of the Facility
Varies
While you hold it1
- Monthly Account Keeping Fee$25 a month
When you make a transaction2
- Direct Debit Processing Fee
Charged for each time a direct debit is received from you
Varies - SWIFT Fee
Charged if sending payment via SWIFT
$30
If a payment is late or fails1
- Payment Dishonour Fee
Charged each time a cheque or payment made by you is dishonoured
$15
When particular things happen9
- Bank Cheque Fee
Charged if sending payment via Bank Cheque (per bank cheque)
$10 - Escrow Services Fee
An escrow services fee is payable at the end of each escrow agreement you make with us.
Varies - Settlement Cancellation Fee
Charged if a booked settlement does not proceed
$150 - Application Reassessment Fee
Charged when an application is reassessed
$250 - Break Costs
Payable if an agreement is terminated before expiration of the term of that agreement
Varies - Consent to lease Fee
Charged when a consent to registration of lease and production of Certificate of Title is required
$395 - Substitution/Assignment/Novation Fee
$450 plus any applicable External Costs
Varies - Trust Deed Review
Charged when a trust deed requires review
$220 - Variation Fee
$395 - $950. Charged for any variations made to the loan that need documentation
Varies
When you close it or pay it off2
- Discharge Fee
$150 (PPSR security) $250 (property) Charged each time a security is discharged (per security)
Varies - Termination Fee
Payable if an agreement is terminated before expiration of the term of that agreement
Varies
Features
- Flexible terms and repayment options
- Earn reward points on your equipment purchases with a BOQ Specialist credit card. Clients can opt to purchase equipment via their BOQ Specialist credit card to earn reward points on the cost of the e…
- Like all major commercial lenders, BOQ Specialist offers four product options when it comes to financing medical equipment: lease, chattel mortgage, hire purchase or rental. Each has different tax be…
- Borrow from as little as $2 000
Eligibility and limits
- Exclusively available to medical, dental, veterinary and accounting professionals
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Published by BOQ Specialist under the Consumer Data Right, last changed by them on 3 June 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.