Skip to content Westpac Business
Personal BankingBusiness BankingCorporate BankingWestpac Info

Site index | Contact us | Locate us

 

Bank Bill Business Loan

Call Business Direct on
132 772 or speak to your Relationship Manager

Email an Expert
Schedule an appointment with a Business Banking Manager
Apply now

 

A Bank Bill Business Loan provides the flexibility of a term loan combined with the pricing of a commercial bill. It's ideal for all business term funding requirements, including acquisitions, capital investment and refinancing.

The low-fee Bank Bill Business Loan also offers competitive fixed and variable rates aligned to the money market.

Optional redraw and progressive drawdown facilities are also available (applies only to variable interest rate).

Key features and benefits


Minimum and maximum amounts
  • Minimum limit: $100,000
  • Maximum limit: None.

Minimum and maximum terms
  • Minimum term: 30 Days
  • Maximum term: Up to 10 years (up to 25 years in some cases).

Flexible repayment options
  • Interest only
  • Principal and interest
  • Principal, and interest plus fees
  • Can be weekly, fortnightly, monthly, quarterly, half yearly or annually.

Security
  • Residential property
  • Westpac term deposit
  • Commercial property
  • Business assets/other types of security.

Fees and charges
  • Establishment and loan service fees apply.

     

     

Practical tools & workshops to support business owners.

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our Australian Prudential Regulation Authority Registrable Superannuation Entity (RSE) Licence & Registration numbers.

By accessing and viewing this website you agree to be bound by the Terms and Conditions of this website.

Products and services described here are only available in Australia. Fees and charges apply. Full details of all terms and conditions are available on application. These may be varied, or new terms and conditions introduced, in the future.

Copyright © 2008 Westpac Banking Corporation ABN 33 007 457 141