Partnerships

Financial solutions for RACGP members

For over 30 years, medical professionals have chosen to trust BOQ Specialist with their finances. During this time, we have developed a deep understanding of the unique financial needs of GPs and have designed a distinctive range of products and services to suit. Whether you require personal banking products or business solutions for your medical practice, we will work closely with you to help you achieve your personal and professional ambitions.


As an RACGP member, you’re entitled to some great benefits^ including:

 

Enquire now

Current benefits for RACGP members^

Commercial property loans

Our commercial property loans allow you to borrow up to 100% of the purchase price of your own practice premises, or up to 80% of the purchase price for a commercial investment. You can also structure to your advantage through a self-managed super fund, partnership, company or trust entity.

 

Exclusive benefit for RACGP members: 

For a limited time you can save up to $2,500 on valuation fees when you choose to finance your commercial property purchase with us.** 

 

Enquire now

 

 

  • Equipment and fit-out finance

    We are pleased to offer RACGP members tailored equipment finance and practice fitout finance options, on a wide range of asset types. Choose from low start, upfront or stepped payment options when considering finance for medical equipment and practice assets, such as furniture, computers or specialised equipment.

    Exclusive benefit for RACGP members: 

    • A reduced documentation fee of $295 fee (saving $200)

     

    Enquire now

  • Goodwill loans

    Our extensive experience in lending to GPs means that we understand the value of your profession and are able to lend up to 100% of the purchase price of an existing practice, or a share in a partnership, using goodwill as security rather than your home. Our practice purchase loans also offer flexible repayment terms to suit your cash flow needs and competitive fixed or variable interest rates.

    Exclusive benefit for RACGP members: 

    • A reduced documentation fee (saving $400)

    Enquire now

  • Car loans

    We are pleased to be able to offer RACGP members a wide choice of tailored car finance solutions. Not only can we offer competitive car finance interest rates, we can offer flexible repayment structures to suit your needs.

    Exclusive benefit for RACGP members: 

    • A reduced documentation fee of $295 fee (saving $200)

     

    Enquire now

  • Home loans

    More than just a home loan, our Home Loan Banking Package combines your home loan with a credit card and an everyday bank account, all for one annual package fee. Choose between competitive fixed or variable rates as well as an optional offset transactional account to reduce interest repayments.

    Exclusive benefit to RACGP members:

    • Annual banking package fee waived for the first year (saving $495)*

    Enquire now

  • Credit card

    Our credit cards give you all the benefits of a globally accepted card with a range of excellent rewards. You also have the option to choose between Qantas or Velocity Frequent Flyer programs and earn uncapped Qantas Points or Velocity Frequent Flyer Points on your everyday transactions.~

    Exclusive benefits to RACGP members

    • Reduced annual fee of $250 on our Signature card for the first three years (saving $150 p.a.)

    Apply now

    • No annual fee on our Platinum card for the first three years (saving $150 p.a.)

    Apply now

BOQ Specialist / RACGP Foundation research grant

BOQ Specialist is proud to support the RACGP Foundation and the wider network of medical professionals working in general practice. Together, we have established the BOQ Specialist / RACGP Foundation research grant to encourage innovation in preventative healthcare in general practice. We both recognise the pivotal role that general practitioners play in promoting good health, providing preventative care and facilitating early detection and intervention.

Find out more about the grant

 

Want to know more?

  1300 160 160
 

Enquire now

  • Important Information

      The issuer of these products and services is BOQ Specialist. Terms and conditions, fees and charges and lending and eligibility criteria apply. You should obtain and consider the product terms and conditions before making any decision about whether to acquire the products. We reserve the right to cease offering these products at any time without notice.

      For target market determinations please click here.

      The issuer of these products and services is BOQ Specialist - a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian Credit Licence no. 244616 (“BOQ Specialist”). Terms and conditions, fees and charges and lending and eligibility criteria apply. Any information is of a general nature only. We have not taken into account your objectives, financial situation, or needs when preparing it. Before acting on this information you should consider if it is appropriate for your situation. You should obtain and consider the relevant terms and conditions from boqspecialist.com.au before making any decision about whether to acquire the product. You should obtain independent financial, tax and legal advice as appropriate.

      ^ Member benefits are only available for current members of the Royal Australian College of General Practitioners (RACGP). Proof of membership will be requested. Subject to credit approval. Other fees and charges may apply. These benefits are valid from 1 December 2021 and are subject to change without notice at the discretion of BOQ Specialist.

      * Available for home loans over $300,000.

      ~ Reward points are earned in accordance with the rewards program terms and conditions. For full credit card terms and conditions, visit boqspecialist.com.au/credit-card-terms

      **Subject to credit approval. Credit provided by BOQ Specialist – a division of Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian credit licence no. 244616 (“BOQ Specialist”). Lending criteria, T&Cs and fees apply.Limited time offer only available for new commercial property finance applications received between 17 April 2023 and 30 September 2023 (inclusive) and that settle by 31 October 2023. Not available for the refinance, restructure or switches of existing commercial property loans, including the sale of property into or out of SMSF, within BOQ Group, which includes Bank of Queensland Limited ABN 32 009 656 740, Virgin Money Australia - a division of Bank of Queensland ABN 32 009 656 740and BOQ Specialist. Not available for loans used for the purpose of property development, construction and/or land acquisition. Client will be eligible for a waiver of the valuation fee (up to $2,500), provided the minimum total lending amount is at least $500,000 and maximum total lending amount is $3,000,000. Any fees greater than $2,500 will require difference to be paid by the client. Other fees and charges may apply. This offer expires on 30 September 2023 and is subject to change without notice at the discretion of BOQ Specialist. This information is current as at 28 June 2023.