Westpac Business One Loan
Essentials
- The flexibility to combine a revolving and term structure within one facility
- Borrow from $250,000
- Choose from either a line of credit or term and repayment loan structure
- Competitive interest rate aligned to money market rates
- A variable rate only option
- Loan terms from 12 months to 25 years, depending on security provided
- Multiple ways to access your funds, including electronic and branch access
- Convenient ways to make repayments and redraw funds
- Various loan security options available.
Not sure if this is the right product?
This quick questionnaire can help you find the right business finance.
Things you should know
- Any application for finance will be subject to the Bank's normal lending criteria. Terms and conditions apply and are available on request.
Features
Need a flexible cash management tool?
- Combine your working capital, seasonal and longer term funding needs in one convenient account
- Optional cheque book access.
Before you apply
If you do not already have a business account with us, you will first need to set up a Westpac Business One Transaction Account. Once your Westpac Business One Loan is approved, it will be linked to this transaction account.
Things you should know
- Any application for finance will be subject to the Bank's normal lending criteria. Terms and conditions apply and are available on request.
Fees
Establishment and loan service fees apply.
Things you should know
- Any application for finance will be subject to the Bank's normal lending criteria. Terms and conditions apply and are available on request.
Rates
The Westpac Business One Loan variable base rate is 5.26% p.a.4
