Funding my existing business
How much do I need and what can I afford?
As your business continues, a number of things are likely to happen. For example you may:
- Need more stock
- Have more debtors
- Need larger premises
- Need to employ more staff.
How much cash does my business need?
It depends on things like the size of your business, its rate of growth, how much working capital you need, the infrastructure changes required (premises, equipment, and vehicles).
If you don’t know off the top of your head, we can work through this with you.
How much can I afford?
When you’re using long term finance, it’s important that your growth plan will generate the cash required to cover the costs of your loan.
How can I improve my financial management skills?
If you’re looking to improve your financial management skills and improve your business’s performance, we have workshops that can help.
We have a series of 1 day or 5 half day workshops incorporating practical financial management tools designed to help you improve your business’s performance.
Read about our Westpac Financial Education workshops.
Things you should know
- Credit facilities are subject to application and the bank's normal lending assessment criteria.
