Defer your business loan and business credit card payments
Westpac has introduced a number of measures to help our business customers manage the impacts of COVID-19. If you wish to defer repayments on your eligible business term loans, business auto loans, equipment finance facilities and equipment loans# (‘Business Loans’), and business credit cards including Altitude Business and BusinessChoice (‘Business Credit Cards’) please complete and submit this request form.
One request for all eligible Business Loan and Business Credit Card products
The information provided below is to identify you and your business/es in our system. The repayment deferral will be applied to all your eligible Business Loan and Business Credit Card products and includes any Businesses linked to your customer profile. So you only have to submit this request once.
Eligible Business products
- Business term loans
- Business auto loans
- Equipment finance loans
- Equipment loans
- Business Credit Cards
If you have already contacted us to make changes or cancel your business loan repayment deferral, you don’t need to take further action. We’re currently working through a high volume of requests and will be in touch as soon as we can.
Has your business been directly impacted by the COVID-19 pandemic?
Things you should know
The repayment deferral will be applied to all your eligible Business Loans and Business Credit Cards with Westpac. This includes all eligible business lending products for you and any businesses linked to your customer profile (for example, where you might be a director of the business).
The terms and conditions of your Business Loans and Business Credit Cards will continue to apply, including events of default outlined in our contract.
 Depending on the type of loan, the deferment may be effective immediately after your last interest payment date. This could be earlier than the date you submitted your application.
# Please note that customers with an overdraft facility should utilise their available balance in the first instance and speak to their Relationship Manager if further assistance is required. Customers with cashflow/invoice/trade finance and commercial bill facilities requiring assistance should also refer to their Relationship Manager.