From growing pains to business gains
A Fast Track Credit Offer1 can help smooth cashflow and unlock funds to keep your business moving forward. Available to eligible Westpac business customers.
Lending options to suit your business
With a Fast Track Credit Offer, eligible Westpac business customers get a pre-assessed lending amount - so you’ll know upfront how much you can access, without going through a full application.
Fast Track Credit Offers are:
- Available to existing Westpac business customers who’ve held a Business One Transaction Account for at least 12 months
- Based on our data engine’s assessment of your business cashflow
Enquire now to check your eligibility and learn more.
Beyond the Fast Track Credit Offer, we also offer a range of lending options to support your business goals - whether you’re just starting out, scaling up, or after a simpler way to access funds.
Lending made simple
Keep it simple with SIMPLE+
Running a business with a solid track record or looking to scale up? Applying for funds up to $5mil just got easier.
Borrow up to
$5M
Why choose this path
- Borrow up to $5mil with fewer financials compared to a full application pathway
- Business Activity Statements (BAS) can be used for lending up to $1.5mil
- You may be able to borrow up to $500K without property as security
- Available for Business Loan, Business Overdraft, Equipment Finance and Insurance Premium Finance
Refer to the lending pathways conditions for more detail
Fast vehicle and equipment finance
Express funding with DriveXpress
Need to purchase a car or equipment fast? Apply with DriveXpress and eligible businesses can get same-day approval and funding.
Access approved funds within
1 BUSINESS DAY
DriveXpress is the quicker, smarter way to get the tools you need without having to submit financials where eligible.
Why choose this path
- Faster funding to meet your business vehicle and equipment needs
- No financials needed if equipment finance criteria is met
Refer to the lending pathways conditions for more detail
Business loan for startups
Fuel your small business journey
Starting a new business or turning a side hustle into something bigger? We’re here to help you access the right funding to set things up or grow with confidence.
Borrow up to
$50K
If you’ve been trading for less than two years, and you have a business plan with forecasted financials, you could be eligible for a business loan that suits your goals.
Why choose this path
- Access up to $50k without using property as security
- No need for past profits and loss statements
- Loan terms of up to 5 years
Refer to the lending pathways conditions for more detail
New to Westpac?
As you’re not yet eligible for the Fast Track Credit Offer, opening a Westpac Business Transaction Account is your best next move. It’s an easy first step toward unlocking exclusive offers and tailored support as your business grows. Plus, right now you could receive a $100 bonus when you open an eligible Business Transaction Account and meet the offer criteria.2
Don’t have an online banking account?
You can register for Online Banking using your desktop or a smartphone if you download the Westpac App. You'll need your card number, Customer ID, and account information on hand. You can find your Customer ID near the top of your bank statement. Once registered, you can access Online Banking via desktop or the App.
Things you should know
Terms and conditions, fees, charges and credit and eligibility criteria apply.
1. The Fast Track Credit Offer (also known as Conditional Limit Offer) referenced in this communication is available to selected customers only who received a direct communication from Westpac. It may be withdrawn or changed at any time depending on the conduct of your accounts with us. Please do not forward this communication on. You will need to apply for the product by completing and submitting an application which will be subject to our eligibility and credit criteria. Fees, charges, interest and terms and conditions apply.
This information provided is general in nature and does not take your personal objectives, circumstances, or needs into account. Consider its appropriateness to these factors before acting on it. A target market determination has been made for this product. Please visit https://www.westpac.com.au/tmd/ for the target market determination for this product. Conditions, fees, and charges apply. Read the Product Disclosure Statement or Terms and Conditions for your selected product or service, including the Online Banking Terms and Conditions before making a decision.
2. $100 Welcome Offer (Welcome Offer or Offer): This Offer is available to selected customers only and is subject to eligibility requirements.
To be eligible for the $100 Welcome Offer, you must (1) open a Business One or Business One Plus transaction account (Account) (2) have deposited a minimum of $100 in a single transaction within 10 Days of account opening and (3) you must also add a payee description "WELCOME100" to the deposit transaction when transferring the $100 into your new account from another account or financial institution.
Eligibility is limited to a single offer per Account and a single offer per customer. The Offer is available to new Business One or Business One Plus transaction account customers that open a new Account during the Offer Period. Where a Joint Account has been opened, eligibility is limited to a single offer to the primary account holder. The primary account holder is not eligible if, in the last two years, the primary account holder had held or already hold a Business One, Business One Plus, Business One Low Plan or Business One High Plan transaction account.
The $100 Welcome Offer will be provided by way of direct deposit to the newly opened Business One or Business One Plus account within 60 Business days after you meet the eligibility criteria. You are not eligible to receive the offer if you do not include the payee description of "WELCOME100" to the transfer of funds.
The Offer is available from 3rd February 2025 until 30th September 2025 (Offer Period), however, the Offer may be withdrawn or varied at any time without notice or for any reason. We may refuse to provide you or withdraw the Welcome Offer payment if, without limitation, we reasonably believe that (i) you do not comply with these Terms and Conditions or the Terms and Conditions of Business One or Business One Plus, (ii) your account is fraudulent, (iii) you are not acting in good faith, or (iv) you have closed your Business One or Business One Plus account prior to us depositing the $100 Welcome Offer into your new account. This Welcome Offer may have taxation implications. We recommend that you seek independent advice to determine any tax liability or other tax implications based on your individual circumstances. Business One and Business One Plus T&Cs also apply. Westpac Group Employees or where the customer or primary account holder is a Trust are not eligible for the Offer.
Unless specifically defined in these Terms and Conditions, terms used here have the same meaning as those defined in the Westpac Deposit Accounts for Business Customers Terms and Conditions.
Taxation considerations contained in this material should not be interpreted or used as a tax advice or a tax guide.
Read the Westpac Online Banking Terms and Conditions (PDF 740KB) at westpac.com.au before making a decision and consider whether the product is right for you.