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Benefits for your business

Now it’s quick and easy to apply for unsecured funds to expand your business.


  • Simple online application
  • Apply for up to $75,000 unsecured finance - meaning you don't have to provide asset security (director's guarantee may be required)
  • Available to existing Westpac business customers.
  • Choose a  Westpac business transaction account to link the overdraft or loan to

Your Unsecured Business Overdraft at a glance

Variable interest rate applied only to the money you’ve used (calculated daily and charged monthly). Monthly line fee1 calculated based on total limit.

Other fees and charges may apply.

$5k - $75k

Monthly line fee:
1.50% p.a. of total limit

Variable rate:
11.46% p.a.

Establishment fee:

Check eligibility then apply online

Is my business eligible?

In order to apply, your business must meet certain eligibility requirements:


  • Existing Westpac business customer
  • Traded for at least 12 months with a valid ABN or ACN
  • Registered for GST with a turnover over $75,000 per annum
  • Based, registered and operating in Australia
  • A sole trader aged 18 years or over or a sole director company (where the sole director is also the sole company secretary)
  • For company borrowers, the sole director must provide a personal guarantee
  • Finance is only to be used for business purposes and will not be used to finance other lending, start a business, fund a property development or purchase residential property
  • Excludes businesses that are franchisees, Self-managed Super Funds (SMSFs) and charities
  • Your business has less than $1m in existing business lending
  • You do not foresee a decline in business revenue that would affect the payment of business liabilities.

Apply online in minutes

Applying for unsecured finance is simple and can be completed in minutes. We may contact you using the details you provide, to help you complete your application.


  1. Select 'apply now' and provide information about you and your business
  2. Choose a Westpac business transaction account to link the overdraft to
  3. Submit your application so we can assess it
  4. If it is approved, we will send you a link to electronically sign your loan contract
  5. Access your funds (typically within one business day of you electronically signing the overdraft contract).


Get your funds fast

Apply online and you could receive conditional approval in minutes.


Things you should know

Credit criteria, fees, charges, terms and conditions apply.