FINANCING YOUR BUSINESS

Every business needs a little backing. Let’s look at ways to fund your next move - big or small.

Financing my business

From setting a budget to exploring loans, grants or investors – understanding your options for securing small business finance can help you stay in control and make confident financial decisions as you grow.

Work out your startup costs

Figure out what you’ll need to get up and running – from equipment and stock to marketing and admin.

Set up costs FAQ 

Startup cost calculator (Aus Gov)

Explore funding options

Check out our guides to loans, grants, savings, investors and other ways of financing your business.

A guide to business loans and finance

Compare Westpac business loans

Grants and programs finder (Aus Gov)

Sort out your business banking

Open a business bank account to keep your finances organised and separate from your personal spending.

How to set up business banking

Explore business bank accounts

Explore business credit cards

Set up your financial records

Choose a system for tracking income, expenses and receipts – it’ll make tax time easier and help you stay on top of things.

Why accurate financial records matter (Lawpath)

Record keeping evaluation tool (Aus Gov)

Keep your cash flow in check

Understand the money coming in and going out, so you can plan ahead and avoid any surprises.

Cash flow explained

Set up a cashflow statement (Aus Gov)

Tips for financing your business

Starting strong begins with smart planning. These quick tips can help you stay focused, make confident decisions and bring your business idea to life.

Benefits of business banking

Improving your cash flow

More ways to boost your business

  • Business One Account

    Built for small businesses that want smart, simple banking with benefits.

    $0
    MONTHLY FEES

    Why open a Business One account?

    • Tick - Enjoy unlimited electronic transactions.
    • Tick - Easy accounting software integration.
    • Tick - Access to exclusive collection partner offers.
    Explore Business One

  • Business Loans

    We can help you secure the funds you need to start, grow or invest in your business – with flexible options to suit your business goals.

    7.41%
    %p.a.
    variable rates

    Why open a Business loan?

    • Tick - Choose your repayment frequency.
    • Tick - Flexible loan options.
    Find out more

  • Your all-in-one accounting software

    Take advantage of this award-winning tool to track cash flow, manage expenses, create invoices, prep for tax time and more.

    12
    months free
    *Business One customers get 12 months free + 20% off in year 2 & 3.

    Benefits to your business:

    • Tick - Automate your accounting admin.
    • Tick - Take charge of your cash flow.
    • Tick - Easily integrate other software.
    Tell me more

Your next steps

Whether you're just starting out, looking to grow, or ready to level up, we’ve got tools, tips and tailored support to help you move forward with confidence.

Setting up your business

Learn how to fund your business and stay on top of cash flow.

Set up your business

Startup Business Hub

Your go-to place for getting a business off the ground – with practical guides, helpful tools and expert tips to support you from idea to launch.

Explore our business startup hub

Step-by-step guides

Apply online

Starting out and need a business account?

Find out more

Talk to a business banker

132 142

8am-8pm (Sydney time) Mon-Fri to speak to a business banker

Things you should know

* The exclusive collection of partner offers total has been calculated assuming you take up all partner offers for the entire offer period and, where applicable, based upon the highest subscription offered. For MYOB, value has been calculated based on a monthly MYOB Business Pro subscription. Samsung involves an initial purchase of $4,000, followed by a subsequent $1,000 purchase. 
 
The information in this article is general in nature; does not take your objectives, financial situation or needs into account; and does not constitute tax advice. Consider its appropriateness to these factors; and we recommend you seek independent professional legal and/or financial advice about your specific circumstances before making any decisions.
 
Any tax information described is general in nature and it is not tax advice or a guide to tax laws. We recommend you seek independent, professional tax advice applicable to your personal circumstances.
 

1. Rates vary depending on a number of factors, such as loan term and the type of security provided.