Business loans
Equipment Finance
When you don't want to use cash flow to purchase new assets.
Use your asset as security to buy, hire or lease a new vehicle/equipment.
- Business vehicle finance: Buy, hire or lease the latest model without tying up your cash.
- Business equipment finance: Buy, hire or lease - the choice is yours when it comes to financing plant and equipment.
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Business Overdraft
Provides cash flow relief with funds to cover business expenses, such as invoices and wages until you’re paid.
An overdraft is ongoing (no fixed term), and you repay what you can, when you can – as long as the overdraft stays under the agreed limit.
- Unsecured Business Overdraft: Up to $50k. No asset security taken. Director's Guarantee required for Corporate borrowers.
- Secured Business Overdraft: Secured by residential, commercial or rural property.
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Business Loan
Great for purchasing an existing business or franchise, or investing to grow.
Borrow from $20,000 with a Westpac Business Loan. A choice between a fixed rate with predictable repayments or variable rate with flexible repayment options.
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Articles to help you make a decision on the business loan that's right for you:
Things you should know
Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.