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SME Business Loan

Business loan enquiry form for small businesses.

Your business may be able to apply for a business loan of up to $1 million, offered under Phase 2 of the Government’s Coronavirus SME Guarantee Scheme. Terms of 3 and 5 years are available for eligible businesses with an annual turnover of less than $50 million.

Check your eligibility:

Does your business have a valid ABN, registered for more than 2 years?

Has your business been registered for GST for more than 2 years?

Does your business have an annual turnover of less than $50 million for income year 2019-20 and/or has annual turnover projected to be less than $50 million for 2020-21?

What will be the primary purpose of this loan?

Will this loan be used to refinance any existing debt with any lender, other than an existing debt supported by the Government Coronavirus SME Guarantee Scheme?

Will this loan be used to acquire an interest in residential property? This includes any property that is capable of being used for residential accommodation, even if it is also used for other purposes. Note: hotel, motel, hostel, boarding house, school accommodation, caravan park, camping ground are classified as an exclusion.

Will this loan be used to provide a loan or other credit to an associated entity, or to acquire an interest in a financial product (e.g. shares in a company), or to lease, rent, hire or hire purchase existing assets that are more than half way into their effective life?

Will the total of the limits of all finance facilities supported by Phase 2 of the Government Coronavirus SME Guarantee Scheme that your business holds (including this loan) exceed $1 million, regardless of lender?

Are all taxes of your business - including Capital Taxes, GST, and Employee Entitlements such as Super - paid, up to date, and not under any finance arrangement?

Are all the repayments on all your business loan accounts - provided by any lender - up to date?

Sorry, we are unable to proceed with your enquiry as your response suggests you are not eligible for this offer. Please visit our Business Loans page to see other loan options you may wish to consider.

Thanks. Now please provide your details:


Enter your 8-digit Westpac Online Banking sign in ID.


Please note that we may require directors of a company, or partners in a partnership, or officers of an association, to provide guarantees to support an application, and/or documents such as:

  • Bank statements for your core business trading account(s) covering the past 6 months
  • Year to date interim/management accounts for your business (last quarter)
  • Finalised business financial statements for the past 2 years
  • Personal tax returns for the past 2 years.

Loan Information


Loan amount requested cannot exceed $1,000,000.


Please read these 2 statements and indicate your agreement with them by checking the boxes:

Thank you for your enquiry.


What happens next?


We’ll get in touch with you to talk through the next steps

To prepare for this conversation, please have details of your business’s financial situation to hand, which may include bank statements, management accounts, Business Activity Statements (BAS), business financial statements, personal tax returns etc.

COVID-19 has impacted the time it takes to process and follow up enquiries. Please be assured that we are committed to providing support as soon as possible.


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Things you should know

1. View our Credit Reporting Policy.

2. Privacy Notice:

Your privacy is important to us, and so is being transparent about how we collect, use, and share any information relating to you where you are either identified or identifiable (your “personal data”), as well as any data about your business, such as address information, Australian Business Number (if provided), and financial information. Where you provide personal data about other individuals, you must tell those individuals that you have supplied their information to us and make them aware of the content of this Privacy Notice.

We need to collect personal and business data to contact you in relation to your enquiry about the Government SME Guarantee Loans offered by Westpac and its related bodies corporate (“Westpac Group”). If you do not provide all the information we request, we may not be able to assist with your enquiry. If we intend to use your personal data for any other purpose, we will inform you of the new purpose before using your personal data. We may share the personal data with other members of the Westpac Group and, if required, to service providers we engage to assist us respond to your enquiry, government agencies and regulators in Australia and sometimes offshore. You consent to these disclosures by continuing with your enquiry.

All personal data will be kept securely within Westpac systems based in Australia. We will securely retain the personal data in accordance with the relevant legislation and regulations applicable, and after any relevant periods have ended, will securely destroy or de-identify the personal data.  You have the right to access and correct the personal data that we hold about you or your entity. If you would like to read more about how we handle personal data or if have any privacy questions or other requests, or wish to make a complaint, please refer to our  full Privacy Policy online, or visit a branch, or contact us.