BOQ SpecialistGoodwill (Practice Purchase Loan)
Do you dream of owning your own private practice? Or a share of an existing practice? Our extensive experience in lending to doctors, dentists and vets means that we understand the value of your profession and are able to lend against the practice's goodwill and equipment, rather than your home. We can lend up to 100% of the amount you need to buy an existing practice without requiring you to use your home or other property as security. We can also lend up to 100% of the amount you need to buy into an existing partnership or increase your share in a practice. Existing partners can remain unaffected as we only take security interest over your share of the partnership.
At a glance
- Pricing
- Rates on application
- Variable
- 9.10%
- Monthly fee
- $25
Rates
The one rate BOQ Specialist publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 9.10% | - | - |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 6 Nov 2026 | Variable, P&I | 8.85% | 9.10% | up 0.25 |
| 3 Oct 2026 | Variable, P&I | 8.60% | 8.85% | up 0.25 |
Each change is logged the night it appears in the rates BOQ Specialist publishes. See how every lender answered the RBA on the rate tracker.
Fees
15 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 transaction1
- 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
$45
When particular things happen9
- Bank Cheque Fee
Charged if sending payment via Bank Cheque (per bank cheque). No new Bank Cheques will be issued from 30 June 2026.
$25 - 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
- Access to a range of products to help you with other costs related to practice purchases, such as legal fees, conveyancing and stamp duty
- Choose a flexible loan structure and repayment terms to suit your cash flow needs
- Benefit from our competitive fixed and variable rate options
- Secure against goodwill and equipment, rather than against your home or other property
- Borrow up to 100% of the purchase price of an existing practice, or a share in a partnership (subject to credit approval)
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 5 Nov 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.