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.
Unsecured Business Loan - COVID-19 Support
If your business has been impacted by COVID-19, and you meet our eligibility criteria, you may be able to apply for a fixed rate loan over a term of 1, 2 or 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.
Apply online
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.