Small business loans
Compare our range of small business secured and unsecured loans to finance growth and expansion.
COVID-19: Help for business customers with loans
Eligible Westpac business customers can defer principal and interest repayments of business term loans and equipment loans for up to six months.
COVID-19 Support: Unsecured Business Loan
If your business has been impacted by COVID-19, and you meet our eligibility criteria, you may be able to apply for an unsecured business loan with a term of up to 3 years.
- If approved, you will receive a repayment deferral for the first 6 months, with interest to be capitalised
- There are no monthly fees or establishment fee
- Other fees and charges apply.
COVID-19 Support: Unsecured Business Loan
Unsecured Business Overdraft
A flexible line of credit for expenses and cash flow, helping you smooth out the peaks and troughs of business.
- Simple online application
- Apply for up to $75,000 unsecured finance meaning you don't have to provide asset security. (Director's guarantees may be required)
- Available to existing business customers.
Apply online
Business Overdraft
Expand your business by using 'extra' funds.
- Access additional funds up to an agreed limit
- Can help cover wages, invoices and other expenses during cash flow shortfalls.
- Unsecured (guarantee may be required), or secured by real property*
Business Overdraft
Business Loan
Take the next step in your business plan.
- Great for purchasing an existing business or franchise, or investing to grow.
- Unsecured (guarantee may be required), or secured by real property*.
Business Loan
Business Equity Access
- Choose between a line of credit for flexibility or a loan to grow your business
- Option to pay interest only
- Ideal short term finance option
- Secure against residential or commercial property.
Business Equity Access
Insurance premium finance
Make lump sum annual insurance premiums a thing of the past by paying with monthly instalments.
- Available to businesses with annual total insurance costs over $5,000.
Insurance premium finance
Looking for other ways to finance your business purchases?
Things you should know
* Real property in the form of residential, commercial or rural property.
Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.