Fit-out Finance Guide

Fit-out finance is a solution to create that right work environment without corroding your cashflow. Businesses with the right setting can attract more customers and create a pleasing environment that increases staff productivity. Be it a fit-out or refurbishment, the cost can affect cashflow. 

What is Fit-out Finance?

Fit-out finance is a loan to enhance a business premise by way of a renovation, or refurbishment. Most Australian business can apply for a fit-out loan.   Projects can be minor renovations or complete new fit-outs. Some specialist lenders are willing to support funding for the right business.   Lenders know that new fit-outs have the potential to increase revenue and profits.

Fit-out loans are used for permanent and built-in fixtures such as shelving, signage, lighting, tiling etc.   There is often a fine line between a fit-out loan and an equipment loan. Finance for tools, appliances and machines are generally categorised as equipment loans. Due to this, some fit-outs require 2 loans – the fit-out loan for fixed permanent fixtures and an equipment loan for general equipment.  A specialist finance broker will be able to advise the category of the loan if an applicant is unsure.

Loan Amounts for Fit-Outs

Lenders offer fit-out loans from $5,000 – $500,000.   Generally, amounts up to $200K can be approved with an unsecured business loan.  Generally, amounts more than $200K will require some asset security.   The interest charged is often influenced by the level of risk calculated by the lender.   The following paragraph is a guide on how to qualify for fit-out finance.

How to Qualify for Fit-Out Finance

Lenders often have different criteria.  Some offer immediate conditional approval whilst others have more complex and detailed application processes. Some finance brokers like Will Finance use a streamlined application process.  If you have been trading for a minimum of nine months with an Australian Business Number (ABN) & registered for GST, then Will Finance could assist with fast tracking the right deal for your refurbishment.  Simply fill out the details below for a consultant to be in contact. 

Fit-Out Finance Specialists

A finance broker who specialises in fit-out and equipment loans can assist with sourcing the right deal for your specific business needs.   They are renowned as knowing what is required for successful applications, sourcing the right deals and saving borrowers time and money. There are numerous finance deals available. Choosing the right deal is the challenge. An equipment finance broker has a panel of specialist lenders.  These lenders finance fit-outs for various business premises such as: 

  • Restaurants & Cafes
  • Offices
  • Factories
  • Medical Centres
  • Veterinary Clinics
  • Warehouses
  • Retail Outlets
  • Convention/Function Centres
  • Movie Theatres


A fit-out is a business’ signature.  Customers judge a business by the aesthetics and proficiency of the premise. Fit-outs will create environments that get customers returning.  The atmosphere and surroundings will also impact on staff’s performance.  The right fit-out can increase revenue and make work procedures quicker, easier and inspiring.

All types of businesses are realising the power of having a fit-out that reflects their brand. Even simple refurbishments with replacement of furniture, signage, lighting and a new paint job can make of huge difference to the look and feel of a business.  Often an interior designer or shopfitter can give ideas to spruce up an area on a low budget.

If you are overwhelmed or time poor, then engaging a specialist finance broker to seek the right loan for a business fit-out is a savvy decision. They guide through the complexities from application to settlement, ensuring a seamless process.  A good broker can save a business much time, frustration & money.  They are the experts, and they do the hard yakka.    

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