Finance for renovation and fit-out finance, shaped around how you get paid.

The lender pays the builder and suppliers in stages against invoices as the works progress, and the loan converts to a fixed term of three to five years when the fit-out is complete, usually kept within the lease term. Movable equipment is often financed separately at a sharper rate and combined under one application.

Yes. Fit-out finance funds staged works, and a line of credit or a short unsecured loan with a repayment holiday covers reduced trade during the works. Lenders like renovations that add capacity or lift revenue, so include the plan and the expected uplift.

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.

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.

Yes, particularly for franchise sites, professional practices and experienced operators opening a new venue. Lenders look at the operator’s background, the business plan and cash flow forecast, the lease and the contribution. The equipment portion is often the easiest part to fund for a new business because the equipment is the security. Your broker packages the fit-out with any franchise or working capital finance so the site opens on time.

Three to ten business days for most applications, longer where property security is involved. Because fit-outs run on a construction timetable, start the finance conversation once you have the shopfitter’s quote and the lease, so approval is in place before the deposit is due and progress payments can be made on time.

Yes. Lenders usually want the fit-out repaid within the current lease term including options, and a term that ends before the lease does keeps you flexible. Negotiate the lease before the finance so the terms line up, and tell your broker the lease details when applying.

Yes. Renovations to an owned commercial property can be funded by increasing the commercial property loan, which is the cheapest route, or by a fit-out facility if you prefer to keep the property loan separate. Works that lift the property’s value support a higher loan.

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.