Unsecured Business Loan

 General Lending Rates

• Lending Rate Type: Fixed
• Interest Rate: 13.55%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 13.49%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 13.99%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

• Lending Rate Type: Fixed
• Interest Rate: 14.04%, Comparison Rate 0.00%
• Repayment Type:
• Loan Purpose:

 Product Features

• Other Additional Information: Borrow up to $250,000

• Extra Repayments Additional Information: Subject to terms and conditions, this product includes extra repayment features.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

• Other Additional Information: 5-year term with option to defer payments for 6 months

 Product Eligibility

• Min Turnover - 75000.00. Additional Information: Registered for GST with a turnover over $75,000 per annum

• Other Additional Information: A business entity domiciled in Australia or an individual 18 years and above or strata corporation domiciled in Australia and requires the funding for business or investment purposes other than investment in residential property

• Other Additional Information: Not foresee a decline in business revenue that would affect the payment of business liabilities

• Other Additional Information: Operating as a sole trader or a sole director company (where the sole director is also the sole company secretary). For company borrowers, the sole director must supply a director's guarantee

• Other Additional Information: Your business has less than $1.5m in existing business lending with Westpac.

• Other Additional Information: All your ATO payments, loan repayments and employee entitlements (incl. super) are up to date.

• Other Additional Information: Customer is an existing business customer

• Other Additional Information: Be Registered for GST

• Other Additional Information: Traded for at least 12 months with a valid ABN or ACN

• Other Additional Information: Not be a franchisee, SMSF or charity

• Other Additional Information: Tell Westpac about all your accounts and liabilities, so we have a complete and accurate view of your business's financial position

• Other Additional Information: In the past 30 days, have not taken up any additional business lending with any financial institution. The loan will be used for business purposes only and will not be used to refinance any other lending

• Other Additional Information: Not use the loan to start a business, fund a property development or to purchase residential property.

• Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

• Other Additional Information: If you're a Westpac customer with conditional approval, applying is simple. All you need to do is sign into Online Banking.If you are not sure about conditonal approval, please sign into Online Banking and check the Overview tab or the business products menu. If you have conditional approval, it will be shown there.

• Other Additional Information: If you're a Westpac customer without conditional approval, you can still apply online if you meet the below requirements. You'll need to: Be able to sign into Westpac Online Banking. Also have a business account with ANZ, Bank of Melbourne, BankSA, Bankwest, Commonwealth Bank, NAB or St.George and use Online Banking . Connect your Xero cloud accounting software.If you are not sure about conditional approval, please sign into Online Banking and check the Overview tab or the business products menu. If you have conditional approval, it will be shown there.

 Bank Fees and Charges

• Establishment Fee (Upfront), Amount: 250.00.

• Monthly Fee (Periodic), Amount: 0.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 5000.00

• Max Limit of 250000.00