Short answer
Business Funding for Fit-outs and Renovations: what matters first
Fit-out funding helps an established business pay for a refurbishment, expansion or new premises fit-out and repay it from trading. Unsecured business funding is usually available from $10,000 to $500,000 for businesses with an active ABN, at least 3 months of trading and $10,000 or more in monthly revenue. Lenders look at current revenue, the quotes and scope of works, how the fit-out will support trade, and existing debt and lease commitments. A longer term keeps repayments manageable for a large refurbishment, but adds to total cost. Brand-new businesses with no trading usually find fit-out funding difficult without security or a franchise program.
Who it is for
This suits trading businesses improving or expanding premises they already operate from, or moving to new ones.
- Cafes, restaurants and bars refreshing or expanding
- Retailers and salons refitting a store
- Clinics and practices renovating treatment rooms
- Businesses relocating or opening an extra site
Common funding uses
Fit-out funding usually covers works and fixtures with a clear link to trade.
- Joinery, shelving, counters and signage
- Electrical, plumbing and lighting works
- Kitchens, treatment rooms and amenities
- Furniture, fixtures and small equipment
- Relocation and make-good costs
What affects eligibility
Lenders want to see that current trade can carry repayments while the works happen.
- Current monthly revenue and trading history
- Size of the fit-out compared with turnover
- Lease term remaining on the premises
- Existing loans, ATO debt and bank conduct
What documents are needed
Bank statements come first, with quotes for the works.
- Recent business bank statements, usually the last 3 to 6 months
- ABN, entity and director details
- Requested amount and a clear funding purpose
- Basic turnover, trading history and contact details
- Builder or shopfitter quotes and scope of works
- Lease details for the premises
Frequently asked questions
Can I get fit-out funding for a new business?
It is difficult without trading history. Lenders usually need several months of business bank statements to assess repayments.
Do lenders need builder quotes?
Quotes help lenders understand the amount and purpose. Larger requests often need them before approval.
Can fit-out funding cover equipment too?
Smaller equipment within the fit-out can often be included. Large equipment purchases may be better suited to dedicated asset finance.
Check options
Get a practical view before you apply broadly.
Tell us the funding amount, turnover and purpose. A lending specialist will review what looks realistic and explain the next step if there is a lender fit.