Cool room finance from 48+ Australian lenders.

Yes. Modular and custom cool rooms, freezer rooms, refrigeration plant, shelving and installation are financed as equipment or fit-out even though they are installed, with terms up to seven years given their 15-year lives. Lenders finance them for cafés, restaurants, butchers, florists, pharmacies and wholesalers.

Modular cool rooms can be dismantled and reinstalled, and the finance simply continues with the lender noted of the new address. Custom-built rooms that cannot move are usually paid out from the sale of the business or the fit-out, or the finance is refinanced against the new premises. Tell your broker about the lease term when applying so the finance term suits.

Yes. A cool room is commonly financed as part of a kitchen or shop fit-out package under one facility, with the equipment supplier and builder paid as the work progresses. A broker packages the quotes into one application so the whole project is funded together.

Yes. Installation, refrigeration plant, electrical connection, flooring and commissioning can be financed with the cool room when quoted by the supplier, up to a sensible proportion of the total. One contract keeps the rate sharper than separate loans.

Yes, and it is usually best arranged as a package. The fit-out is often funded by a business loan or fit-out finance, the equipment by a chattel mortgage or lease secured on the equipment itself, and the franchise fee and working capital by the main loan. Structuring it this way keeps each part on the cheapest available terms. Lyft Money arranges the parts together so settlement lines up with the franchisor’s opening timetable.

Yes. Lenders regularly fund new practices for registered practitioners with a track record as an employee or associate, because the profession itself gives them confidence. A business plan, the lease on the premises and evidence of qualifications are the main requirements, and the fit-out, equipment and working capital can be funded together as a package so the practice opens fully equipped.

Fit-out finance funds the works needed to open or refurbish a site: joinery, counters and benches, flooring, lighting, partitions, plumbing and electrical, signage, air conditioning and the removable equipment such as kitchen gear, chairs, refrigeration and IT. Lenders treat the removable equipment and the fixed building works differently, so the two are usually funded on separate structures under one arrangement, each priced correctly.

Because removable equipment can be repossessed and resold, lenders finance it as a normal asset with the equipment as security, at asset finance rates. Fixed works such as joinery and flooring become part of the landlord’s building and have no resale value, so they are funded as a business loan against the strength of the business, sometimes with a director’s guarantee or other security. Splitting the two keeps the equipment portion cheap and makes the fixed portion fundable.

Yes. Lenders want the lease, including options, to run at least as long as the loan term, and preferably longer, because the fit-out is only valuable while you occupy the premises. A five-year fit-out loan on a three-year lease with no options is hard to fund. Securing the lease term or options before finalising the fit-out budget makes the application straightforward.

Fit-out finance commonly ranges from $20,000 to $1.5 million. The equipment portion can usually be funded at 100 per cent of the invoice. The fixed works portion depends on the business: established businesses with financials can fund most of it, while new businesses are typically asked to contribute 20 to 40 per cent or offer security. Landlord contributions, common in shopping centres, reduce what needs to be borrowed.