Business Loans

Retail fitout finance
for Australian
businesses

Finance your retail fitout from lease signing to opening day. Timed to shopping centre handover dates, with equipment and fitout bundled together.

🛍️
Timed to shopping centre handover dates
Pre-approval in 24 to 48 hours
🏛️
50+ lenders compared in one application
🔧
Equipment and fitout bundled together
Get a finance quote
Free · No impact on your credit score
Secure · Australian team · No obligation
50+
Lenders compared
24hr
Pre-approval
$0
Upfront options
5.0★
Google rating
100%
Australian team

At EasyAsset, retail fitout finance is one of our specialist commercial lending categories. Whether you are opening a specialty retail store, a fashion boutique, a food and beverage outlet, a pharmacy, or a service-based retail tenancy, we work with lenders who understand shopping centre lease dynamics, builder handover timelines, and the importance of opening before your rent-free period expires. We help retailers finance shopfront works, display fixtures, joinery, commercial kitchen equipment, refrigeration, POS systems, and signage under one staged drawdown facility. We know that in retail, timing is everything, and we structure your finance to open on time.

How it works

How retail fitout finance works

Retail fitout finance is structured as a staged drawdown facility aligned to your builder’s progress payment schedule. Here is how the process works from lease to opening day.

1

You sign your commercial lease and receive fitout specifications

Most landlords provide a fitout guide or tenancy schedule detailing what is permitted. Some provide a landlord incentive or contribution toward fitout costs. Your finance application can begin at this stage, before any works commence.

Start your finance application as soon as your lease is signed
2

You obtain builder or contractor quotes

Your fitout finance application is typically based on accepted quotes from licensed builders and tradespeople. Lenders want to see the fitout cost broken down by trade. Most lenders require at least one formal quote before approving a staged drawdown facility.

Itemised builder quotes support your application
3

Finance is approved before works commence

Pre-approval means you know your funding is in place before your builder starts. This protects you from project delays caused by funding gaps mid-construction. Settlement typically occurs in stages aligned to your builder’s progress payment schedule.

Pre-approved before your builder starts
4

Funds are drawn in stages as works are completed

Unlike a standard loan, fitout finance is drawn progressively. As your builder completes agreed milestones and issues progress claims, your lender releases the corresponding funds. You only pay interest on the amount drawn at each stage, not the full facility limit.

Interest charged only on funds drawn at each stage
5

Fitout complete, you open and begin trading

On practical completion, the final drawdown is released to your builder. Your facility converts to a standard repayment schedule and you begin making repayments from your trading revenue. The fitout generates depreciable deductions from day one.

Open for business, repayments begin from trading revenue
Types of fitout finance

Which fitout finance structure suits your retail business?

Four structures available for retail fitout finance. The right one depends on your store size, trading history, and whether you want to bundle equipment and fixtures with construction.

🏗️
Fitout loan

A term loan for the full fitout cost, with staged drawdowns tied to your builder’s progress payment schedule. The most common structure for retail fitouts. You repay over a fixed term of 3 to 7 years with the fitout itself as the primary security.

Draws aligned to builder progress claims
Fixed term and repayment schedule
Interest only on drawn amounts during construction
Available from specialist commercial lenders
📋
Unsecured business loan

For smaller fitouts or businesses that do not want to use the fitout as security. No charge over the fitout asset. Typically available up to $250,000 and approved based on your business revenue and credit profile rather than asset security.

No security required over the fitout
Faster approval for smaller fitouts
Available up to $250,000 from non-bank lenders
Higher rate reflects the unsecured nature
🔧
Equipment and fitout bundle

Combine the fitout construction cost with display fixtures, refrigeration, commercial kitchen equipment, and POS systems under one facility. Particularly useful when both fitout works and equipment are sourced at the same time.

One loan covers construction and equipment
One monthly repayment
Single application and settlement process
Equipment assessed as additional security
💵
Sale and leaseback on existing fitout

If you own an existing fitout in a leased space, you may be able to sell the fitout asset to a lender and lease it back, unlocking working capital for a new fitout or other business needs without disrupting your current operation.

Unlock cash from existing fitout asset
No disruption to current operations
Suitable for refurbishments and upgrades
Available for established businesses with fitout assets
Structure recommender

Which fitout finance structure suits your retail business?

Answer 4 quick questions and our recommender will suggest the best fitout finance structure for your retail project, instantly, with no phone call needed.

Find your ideal retail fitout finance structure

4 questions · Takes about 30 seconds · Instant recommendation

Question 1 of 4

What type of retail business are you fitting out?

Eligibility

Who qualifies for retail fitout finance?

Most Australian businesses with a signed commercial lease and an ABN can access fitout finance. Here is what lenders look at.

Signed commercial lease
A signed commercial lease is the fundamental starting point for fitout finance. Most lenders want to see a lease term that covers the finance term. A minimum remaining lease term of 3 years is typical.
Active ABN and trading history
An active ABN is required. Established businesses with 12 or more months of trading history have access to the full range of lenders. New businesses can still access fitout finance but may need a stronger asset position or personal guarantee.
Builder quotes or contracts in place
Lenders typically require formal quotes from licensed builders before approving a staged drawdown facility. Having your builder under contract before applying strengthens your application and speeds approval.
Landlord incentive or contribution
Many commercial landlords offer a tenant incentive toward fitout costs. Lenders want to see this factored into your total fitout budget. A larger landlord contribution reduces the amount you need to borrow and can improve your approval prospects.
Personal guarantee for smaller businesses
Most commercial lenders require a personal guarantee from directors or principals, particularly for smaller businesses or new operations. This is standard practice and does not affect your credit score unless you default.
No property security for smaller fitouts
Fitout loans up to around $250,000 are often available without real property security. The fitout itself is the security. For larger fitouts, some lenders may require a general security agreement over business assets.
Typical scenarios

3 typical retail fitout finance scenarios

Retail fitout costs vary significantly by store type, location, and specification. Here is how the numbers typically look across three common retail project sizes.

Small retail
🏪
$120,000
80sqm specialty retail fitout, shopping centre
TypeUnsecured business loan
Term3 years
Rate (est.)8.9% p.a.
DepositNone required
Approval pathLow or full doc
Estimated monthly repayment
~$3,810
approximately $880 per week
Specialty retailer, first or second store
Shopfront, fixtures, display systems, POS, and signage. Fast approval timed to shopping centre handover date.
Fashion or lifestyle
👗
$380,000
250sqm fashion boutique, premium centre
TypeStaged fitout loan
Term5 years
Rate (est.)7.9% p.a.
DepositNone required
Approval pathFull doc
Estimated monthly repayment
~$7,720
approximately $1,782 per week
Fashion or lifestyle retailer expanding
Premium joinery, feature lighting, custom display fixtures, changerooms, and brand signage. Staged drawdowns aligned to builder's shopping centre program.
Food retail
🍔
$680,000
500sqm food retail fitout with commercial kitchen
TypeStaged fitout loan
Term5 years
Rate (est.)7.9% p.a.
Deposit10%
Approval pathFull doc
Estimated monthly repayment
~$13,820
approximately $3,189 per week
Food court or destination food retailer
Commercial kitchen equipment, exhaust canopy, grease trap, refrigeration, and front-of-house all funded in one facility. Equipment and fitout bundled.

Indicative repayments only. Actual rates depend on your profile, lender, and fitout scope.

Shopfront vs back of house

Shopfront and trading floor versus back of house: cost split in retail fitouts

Retail fitout budgets are driven primarily by shopfront and trading floor investment, with back-of-house costs playing a supporting role. Understanding this split helps you finance accurately and make specification decisions that match your brand strategy.

Shopfront and trading floor Brand investment

Display fixtures and joineryRetail display systems, shelving, gondolas, counters, and custom joinery are typically the largest single cost category in a shopfront fitout. Specification quality here has the greatest impact on brand presentation and customer experience.
Feature lighting and electricalRetail lighting dramatically affects the customer experience and product presentation. Feature pendant lighting, track lighting, and high-colour-rendering LED systems add significant cost but also drive sales. Electrical fit-out including power to displays and POS points is a substantial trade package.
Flooring and wall finishesRetail flooring from polished concrete to premium carpet and feature wall finishes are specified to brand standard and significantly affect total fitout cost. Shopping centre managers often specify finish standards that increase cost beyond what you might choose independently.
Signage and shopfront glazingExternal signage, entry systems, shopfront glazing, and any roller shutter or security system are often underestimated in early retail fitout budgets. Centre management must approve all external signage. Allow lead time and budget for this approval process.

Back of house Operational cost

Changerooms and staff areasChangerooms for fashion and apparel retailers are a significant cost item requiring fitting room joinery, mirrors, and acoustic separation. Staff rooms, lockers, and amenities are operational requirements that add to total fitout cost.
Commercial kitchen for food retailFood retailers including cafes, fast food, and food court tenancies require commercial kitchen equipment including cooktops, exhaust canopies, refrigeration, grease traps, and dishwashers. This equipment can be bundled with the fitout construction costs under one finance facility.
Storage and stockroomShelving, racking, and storage systems in the stockroom are often left to a secondary budget but affect daily operations. Specifying appropriate storage at fitout time is cheaper than retrofitting later.
Security and loss preventionCCTV systems, EAS tagging systems, and monitored alarms are standard in most retail environments and can be included in the fitout finance facility as installed equipment.
Fitout calculator

Estimate my repayment

Adjust the sliders to estimate your repayments. Speak with our team for an exact quote based on your profile.

Loan amount $300,000
Loan term 5 years
Interest rate 7.9% p.a.
Repayment frequency
Estimated repayment
$6,069
per month
Loan amount$300,000
Total interest$64,114
Total repayable$364,114
Number of repayments60
Get an exact quote →
Indicative only. Actual repayments vary based on lender, credit profile, and fees.
Tax benefits

Tax benefits of financing your retail fitout

Fitout finance has specific and favourable tax treatment. Structured correctly, the after-tax cost of your fitout is significantly lower than the headline price.

01
Depreciation on fitout assets
Once your fitout is complete, it becomes a depreciable asset on your business balance sheet. The ATO assigns effective life ratings to fitout components including flooring, partitioning, lighting, electrical fit-outs, and air conditioning. Depreciation reduces your taxable income annually.
02
Instant asset write-off for eligible businesses
Under current ATO temporary full expensing rules, eligible businesses may write off the full cost of fitout components in the year they are first used or installed. Your accountant should assess which components qualify and in which financial year the deduction is most beneficial.
03
Interest deductions on fitout loans
The interest component of your fitout loan repayments is deductible as a business expense across the full loan term. Combined with depreciation, the effective after-tax cost of your fitout is materially lower than the headline price.
04
GST on fitout costs is claimable
GST-registered businesses can claim the full GST component of fitout construction costs and equipment purchases on their BAS. On a $500,000 fitout that is over $45,000 back in your cash flow.
05
Capital works deductions under Division 43
For fitout work that constitutes structural improvements to a leased premises, a Division 43 capital works deduction may apply. Your accountant should assess the split between depreciable plant and equipment versus capital works to optimise your deduction strategy.
How to apply

Get your fitout funded in 4 steps

1

Submit your details

Fill in the quick form above with your business details, estimated fitout cost, and whether you have builder quotes in place. No credit check, no commitment. Takes about 2 minutes.

2

We compare lenders

A specialist matches you to commercial lenders from our panel of 50+ who offer retail fitout finance, with timing structured to your shopping centre handover or builder access date.

3

Get pre-approved

Pre-approval in as little as 24 to 48 hours so you can proceed with your builder with confidence that your funding is in place before works commence.

4

Drawdown as works progress

As your builder completes milestones and issues progress claims, we coordinate the drawdown releases. You only pay interest on what has been drawn. On practical completion, your loan converts to a standard repayment schedule.

Get a free quote →
No credit check · No obligation · Australian team
FAQ

Retail fitout finance FAQ

How does shopping centre timing affect my fitout finance?+
Shopping centres operate to strict handover and opening date schedules. Most require tenants to open by a specific date or risk lease penalties. Your fitout finance must be structured to ensure funds are available when your builder starts, which means applying for pre-approval well before your builder access date. EasyAsset understands shopping centre timelines and structures your approval accordingly.
Can I include commercial kitchen equipment in my retail fitout finance?+
Yes. For food and beverage retailers, commercial kitchen equipment including cooktops, exhaust canopies, refrigeration, grease traps, and dishwashers can be bundled into the same facility as your construction works. This is very common in food court and food retail fitouts and gives you one loan covering both works and equipment.
What if my shopping centre fitout costs more than the approved plans?+
Fitout variations in shopping centres are common. If your actual costs exceed your original quote, notify your lender early. Most fitout finance facilities can be increased with a variation approval. Shopping centre managers can sometimes generate cost increases through required specification upgrades or base build deficiencies that become your responsibility. Include a 10 to 15% contingency in your initial finance amount.
Do I need to have a builder selected before applying?+
No, but having builder quotes in place speeds up approval significantly. You can apply for pre-approval before selecting a builder, and then proceed to formal approval once quotes are in hand. This allows you to negotiate with builders knowing your funding is effectively confirmed.
Can I finance a fitout for a new business with no trading history?+
Yes, though the pathway differs. New businesses and startups can access fitout finance through lenders who assess the strength of the business plan, the location, the lease terms, and often require a personal guarantee or additional security. EasyAsset works with lenders who specifically cater to new business fitouts.
What happens if the fitout costs more than expected?+
Overruns are common in construction. Most fitout finance facilities can be increased mid-project with a variation approval. It is important to notify your lender early if costs are tracking higher than the original quote rather than waiting until the final claim. We recommend including a contingency of 10 to 15% in your initial finance amount.
Can the landlord's fitout contribution be included in the finance arrangement?+
The landlord contribution typically reduces the total amount you need to borrow rather than being paid through the finance facility. Some lenders structure the facility net of the expected landlord contribution. Your solicitor and lender can advise on the best way to document the incentive in the context of your finance.
Ready to get started?

Get your retail fitout finance quote today

Free · No credit check · Pre-approval in 24 hours · Australian team

Get a free quote →