Westpac Business One Loan
Essentials
- The flexibility to combine a revolving line of credit 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.
Things you should know
- Any application for finance will be subject to the Bank's normal lending criteria.
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.
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.
Rates
The Westpac Business One Loan variable base rate is 5.25% p.a.4
Did you know?
Money Magazine has awarded Westpac the prestigious 'Business Bank of the Year" award for the third year in a row.
