Westpac Banking Corporation


International trade Solutions

Funding my new business

OK, so you’ve decided to start your own business, maybe from scratch, maybe by buying an existing business. How are you going to fund it? The information below outlines the solutions we can offer in this important phase.

Can I borrow to cover my insurance costs?

You’ve put time and effort into starting your new business so it’s only natural to want to protect it. We can help you avoid paying a large annual lump sum by letting you finance your premiums in more affordable monthly instalments.

How much do I need and what can I afford?

We can help you identify what costs you’ll need to cover, and calculate what you can afford to borrow.

I’m starting or buying a new business

Here we discuss some options available for raising finance, the information that we require when applying for finance, and how to develop a business plan.

What can I use for security?

Find out what will likely be asked of you as security for your business loan.

What is the right loan for me?

Getting started may be daunting but we’ll help you decide on the best options for your individual needs.

Things you should know
  • Credit facilities are subject to application and the bank's normal lending assessment criteria.