Insurance Premium Finance
Essentials
- Pay insurance premiums in monthly instalments
- Improve your business cashflow by taking a prepaid business expense and spreading it over 6 – 12 monthly instalments
- Borrow from $5,000
- Interest payments may be tax deductible 1
- Subject to bank approval, no additional security may be required.
Things you should know
- Any application for finance will be subject to the Bank's normal lending criteria.
- 1.The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretations. Customers must seek their own independent tax advice in relation to their individual circumstances.
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Did you know?
Money Magazine has awarded Westpac the prestigious 'Business Bank of the Year" award for the third year in a row.
