Westpac business loan rates

Best Funding Options. Revolving Capital to Expand. Start Your Request Today. Book An Appointment Or Call Us Today. What is a WestPac business loan? How long are Westpac loans good for?

Can I get a business loan from Westpac? How do I borrow from Westpac? A margin may apply depending on the type of security provide the purpose for which the finance is required or the term of the facility. Business Equity Access Rate. Interest is calculated daily on the balance use and charged monthly.

A fixed or variable rate business loan with flexible repayment options. Only pay interest on the amount you owe. Dependant on finance option, term, type and age of vehicle or equipment. Small business loan rate from 3. Repayments are automatically deducted from your nominated transaction account.

Our lowest variable rate small business loan, currently 3. Some other service fees may apply from time to time, including overdrawn or Line of Credit charges. 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. The key difference with fixed rate home loans is that there are limits on the additional repayments you can make. For example, with a Westpac fixed rate home loan , you can make up to $30in additional repayments per fixed period term.

You may also need to pay break costs if you want to pay off the balance early. Fixed rate option provides certainty on repayments. Make An Investment in Growth.

A loan suitable for longer term finance. Features and benefits. Low-interest up to 5. The new facility with a two year term and takes funding costs below 3. Bank Bill Swap Rate ) on a fully drawn basis, taking the combined warehouse loan asset funding costs to below p. FY2 following a refinancing from the existing Velocity warehouse on the October or November payment date.

It has a two-year term, with a rate below 3. BBSW) on a fully drawn basis. Like personal loans , business loans offer the ability to choose froFixed interest rates – these have the same repayments for the entire term of the loan. They’re great for businesses that need to know the exact amount of each month’s repayment.

School Leavers and graduates. Get Working Capital Today. You can get this rate if you apply today. This rate will drop to 2. Unsecured Personal Loans do not require security so the amount you can borrow is less and interest rate is higher. Westpac provides Fiji with a range of overseas banking services, including various personal and business loans , bank accounts, Internet Banking, term deposits and overseas transfers.

A flexible home loan that you can manage to suit your changing needs and lifestyle.