The Bank of Queensland (BOQ) Cashflow Finance team – previously Centrepoint Alliance Premium Funding – has raised more than $11,000 for charity.

Between September and January a $10 donation was made for every completed eligible online loan application.

A total of $6440 was given to healthcare charity the Mater Foundation, and $5150 to the PSC Foundation, which supports the PSC Group’s charity and community endeavours.

Head of Cashflow Finance Bob Dodd says the campaign represents the company’s core values of helping others and supporting communities.

Mater Foundation CEO Nigel Harris says the money will help many people through the Mater Mission Fund.

“The fund provides assistance to patients and their families who are experiencing financial hardship due to medical treatment costs, and while individual support is often small in monetary terms, it makes a significant difference to patients when they need it most,” he said.

BOQ Finance agreed to acquire Centrepoint Alliance’s premium funding business for $21.4 million at the end of last year.