Westpac Banking Corporation


Solutions

Changing my current loan

As your business grows and changes, so may what you want out of your loan facilities or provider.

My current loan is no longer suiting my needs

Whether you want to extend the term, reduce repayment amounts, or change your facility to a different product or provider, call us or schedule an appointment. We'll help work out the best solution for you.

Review your options

View all business finance products.

My current interest type is not what I want

Within a range of loan facilities there are generally 2 interest rate types available: variable or fixed rate facilities.

Depending on what type of interest rate your facility has, you may be able to switch to a different and more suitable interest rate.

As a rule, you can assume that switching from variable to fixed can be done at any stage. However switching from fixed to variable may involve payment of break costs for this to occur.

Call 132 772 or email us to discuss your needs.

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