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What is the purpose of your finance?

How much would you like to borrow?

Do you plan on keeping the vehicle/equipment at the end of the finance agreement?

How much would you like to borrow?

What is more important to you?

What do you need agri finance for?

How much would you like to borrow?

What is more important to you?

Do you require funding for payment of your outstanding invoices?

Do you plan on keeping the equipment/vehicle at the end of the finance agreement?

You could consider

Business Loan

Choose a fixed or variable rate Business Loan with flexible repayment options. Only pay interest on the amount you owe.

Variable rate

  • Make extra payments which could reduce interest paid over the life of the loan
  • Option to swap between interest only or principal and interest repayments
  • Redraw allows you to make extra payments and access these funds later.

 

Fixed rate

  • Provides certainty in knowing what you're up for with each repayment
  • Protects you from potential future interest rate movements.

 

 

 

 

Other options

Bank Bill Business Loan

Our most flexible loan for businesses looking to borrow more than $250,000 for acquisitions, capital investment or refinancing.

Westpac Business One Loan

Choose a line of credit or a term loan, whether you require funding for capital investment or business expansion.

 

 

You could consider

Bank Bill Business Loan


Our most flexible loan for businesses looking to grow and expand.

  • Minimum loan amount $250,000
  • Supported by specialist relationship managers.
We'll be in touch in 1 business day

 

 

Another option could be

Westpac Business One Loan

Choose a line of credit or a term loan, whether you require funding for capital investment or business expansion.

We'll be in touch in 1 business day

You could consider

Vehicle and equipment finance

Westpac Business Loans for Equipment Finance

Commercial Loan

You source and own the asset and we provide a loan secured by the asset.

  • Minimum finance amount - $15,000
  • Fixed interest rates
  • Terms - from 1 to 5 years
  • Finance could be structured over the life expectancy of the asset.

 

Hire purchase

We purchase the asset at your request and you buy it from us in instalments.

  • Minimum finance amount - $15,000
  • Fixed payments
  • Terms - from 1 to 5 years
  • Finance could be structured over the life expectancy of the asset.

You could consider

Vehicle and equipment finance

Westpac Business Loans for Equipment Finance

Finance lease

We purchase the asset at your request and rent it to you for an agreed period.

  • Minimum finance amount - $15,000
  • Fixed interest rates
  • Terms - from 1 to 5 years
  • Finance could be structured over the life expectancy of the asset.

You could consider

Unsecured Business Overdraft

Access up to $50k additional funds in your business transaction account to smooth out cash flow.

  • There is 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.

 

 

 

 

Other options

Business Loan

Borrow from $20,000 with a fixed or variable rate business loan, with flexible repayment options. Only pay interest on the amount you owe.

Business credit cards

From everyday benefits of a low rate credit card, to cards that reward you for your purchases, we have a card for you.

You could consider

Secured Business Overdraft

Westpac Business Loans & Business Overdraft

Smooth out the ups and downs of cash flow with an overdraft linked to your business transaction account.

  • Access extra funds so that you can pay suppliers and wages when cash flow gets tight
  • Negotiate better terms and discounts with suppliers using the overdraft for larger upfront payments.

 

 

Another option could be

Business Loan

Borrow from $20,000 with a fixed or variable rate business loan, with flexible repayment options. Only pay interest on the amount you owe.

You could consider

Secured Business Overdraft

Westpac Business Loans & Business Overdraft

Smooth out the ups and downs of cash flow with an overdraft linked to your business transaction account.

  • Access extra funds so that you can pay suppliers and wages when cash flow gets tight
  • Negotiate better terms and discounts with suppliers using the overdraft for larger upfront payments.

 

 

 

 

Other options

Business One Loan

Choose between working capital or a longer term funding option.

  • Minimum loan amount $250,000
  • Flexible repayment options to better suit cash flow needs.

Business Equity Access Loan

A line of credit or a loan, secured against residential or commercial property. Use for investing, expanding, refinancing or covering everyday operating expenses.

You could consider

Invoice Finance

Turn your invoices into cash in under 24 hours1. No real estate security required. Access up to 85% of the value of your unpaid invoices.

  • Easy to use, self-serve online portal available 24/7, where you can upload invoices in seconds, reducing paperwork and admin
  • Funds generally available within 24 hours1
  • Invoices act as security - no real estate necessary - although regular lending criteria applies
  • Borrow from $500,000
  • Dedicated customer service team for help and guidance every step of the way.

Other options

Business One Loan

Choose between working capital or a longer term funding option.

  • Minimum loan amount $250,000
  • Flexible repayment options to better suit cash flow needs.

Business Equity Access Loan

A line of credit or a loan, secured against residential or commercial property. Use for investing, expanding, refinancing or covering everyday operating expenses.

You could consider

Insurance Premium Finance

Short-term business finance that lets you spread a lump sum insurance premium across monthly instalments.

  • Minimum loan amount $5,000
  • Flexible repayment options to better suit cash flow needs.

 

 

You could consider

Agri Finance

 

A fixed or variable rate loan for primary producers.

  • Minimum loan amount $250,000
  • Fund growth or expansion plans without dipping into your reserves
  • Loan terms up to 15 years.

 

 

 

 

You could consider

Bank Bill Business Loan

Our most flexible loan for businesses looking to borrow more than $250,000 for acquisitions, capital investment or refinancing.

Westpac Business One Loan

Choose a line of credit or a term loan, whether you require funding for capital investment or business expansion.

You could consider

Livestock Leasing

In the same manner you lease vehicles and equipment, Westpac allows you to lease most breeds of livestock, with no reporting or turnover requirements. This provides an opportunity – when market conditions suit – to:

  • Increase your livestock head count
  • Claim potential tax deductions
  • Improve genetics across the breed 
  • Enhance production, all without the burden of dipping in to your cash reserves.

 

Negotiate repayment structure to suit your cash flow cycle:

  • Fixed lease repayments for life of agreement
  • Borrow from $15,000
  • Lease terms from 1 to 7 years.

You could consider

Produce Advance - Grains

Store grain or sell it to any approved pool and receive up to 70% of its estimated value.

  • Loan can then be repaid directly by the pool, or if storing it yourself, as proceeds become available from later cash sales
  • Interest does not compound – but is regularly debited to your nominated Westpac working account
  • No establishment fee
  • Minimum loan $250,000
  • Maximum loan term is 2 years
  • Access funds online, via your agribusiness manager, or at branches across Australia
  • Security required – generally your rural property, and if borrowing in a company name, a director's guarantee.
Things you should know

Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.

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

 

Invoice Finance

1 Excluding weekends and public holidays.

 

Insurance Premium Finance (IPF)

Westpac IPF Terms and Conditions (PDF 173KB) (PDF 173KB)

Westpac IPF Direct Debit Request Service Agreement   (PDF 401KB) (PDF 401KB)

Only Australian or United Kingdom licensed insurers / underwriters are acceptable.

The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Customers must seek their own independent tax advice in relation to their individual circumstances.