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Vehicle and Equipment Finance	Business Loan	Business Overdraft	Unsecured Business Overdraft	COVID-19 Support - Unsecured Business Loan	Altitude Business credit cards
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Best for
When you don't want to use cash flow to purchase new assets.	Great for purchasing an existing business or franchise, or investing to grow.	Access additional funds in your business transaction account to pay suppliers and wages when cash flow gets tight.	Access up to $75k additional funds in your business transaction account.	The second phase of the Federal Government’s Coronavirus SME Guarantee Scheme is due to commence 1 October 2020. You can register your interest now.	Get rewarded for your business expenditure and help manage your business cash flow with up to 55 days interest free on purchases.^*
Features
Terms from 1 to 5 years Use the vehicle or asset you're purchasing as security Get certainty with fixed payments on a finance lease and commercial hire purchase, or a fixed interest rate on a commercial loan.	Loan term up to 30 years when residential property used as security Loan term up to 25 years when commercial or rural property used as security Loan term up to 5 years when unsecured (directors guarantee is required for corporate borrowers)	Ongoing (no fixed term) but repayable on demand Unsecured (directors guarantee is required for corporate borrowers), or secured by cash, residential, commercial or rural property Negotiate better terms and discounts with suppliers using the overdraft for larger upfront payments.	No need to secure the overdraft against any assets. Directors' Guarantee will be required for Corporate borrowers 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 Fast application process.		No security required
Borrow limits
Minimum $15,000	Minimum $5,000	No minimum or maximum amount (credit criteria apply)	Up to $75,000		Depending on your card, $1,000 to $150,000 (Altitude Business Gold Mastercard: $1,000 - $50,000; Altitude Business Platinum Mastercard: $20,000 - $150,000)
Rates
Dependant on finance option, term, type and age of vehicle or equipment.	Small business loan rate from 3.66% variable rate (base rate only, a margin or discount may apply)	Small Business Overdraft rate from 3.86% variable rate (base rate only, a margin or discount may apply)	Unsecured business overdraft 9.46% p.a. variable interest rate applied only to the money you’ve used (calculated daily and charged monthly).		20.24% p.a. on purchases (variable) 20.74% p.a. on cash advances (variable) Special offer: 4.99% p.a. for 12 months on balance transfers requested at card application. For new cards approved by 29th September 2020. Exclusions apply.

Looking to borrow more than $1 million?

Compare Commercial Business finance options.

Things you should know

Altitude Business Rewards Terms and Conditions (PDF 2MB)

Altitude Business Credit Cards Conditions of Use (PDF 255KB)

Fees, charges and credit criteria apply. Read the terms and conditions available above before making a decision.

Find out what information you need to provide to become a Westpac customer.

Earning and redeeming Altitude reward points: You can earn and redeem Altitude rewards points as set out in the Altitude Business Rewards Terms and Conditions (PDF 2MB). You do not receive points if your card account is in arrears for 2 consecutive statement cycles and in other circumstances. Altitude reward points do not expire while you remain an Altitude card holder. You must be a member of the relevant frequent flyer program to redeem Altitude points for frequent flyer points. The terms and conditions of the relevant frequent flyer programs also apply. A joining fee may apply for these frequent flyer programs. Availability of award flights may be limited.

*When you pay the closing balance by the due date.