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Find a solution, whether starting up or expanding

Cash flow opportunities

Short and long-term business finance solutions:

  • Business Loans
  • Business Overdrafts
  • Insurance Premium Finance.
 

Explore loan options

 

Vehicle and equipment

Secure a car or equipment without tying up capital:

  • Business car or equipment loan
  • Finance or Novated Lease
  • Hire Purchase.
 

Explore finance options

 

Bank guarantee

Provide suppliers and vendors with certainty of payment:

  • Amounts from $5k
  • Flexible expiry date
  • Earn interest on cash security.
 

Bank guarantee details

 

Receive approved funds within 1 business day*

Faster funding to help meet your client's business vehicle and equipment needs. Start an application on DriveOnline or contact your BDM.

Go to DriveOnline

What are the requirements?

Equipment finance checklist

To assist with the documentation that your client will need to provide, refer to our checklist:

Westpac Minimum Documentation Checklist (PDF 134KB)

 

Find all equipment finance forms

Commercial lending guide

To help you work through the loan process with your client, use our handy exploration guide:

Business Customer Exploration Guide (PDF 492KB)

 

Find all commercial loan forms

Standard and fast-tracked application process

Equipment finance online process

Our simple-to-use DriveOnline platform provides timely vehicle and equipment finance decisions.

 

Go to DriveOnline login

 

Fast-track options: If your client meets our DriveXpress or SIMPLE+ criteria, you’ll be able to fast-track their application within DriveOnline. Find out more

Commercial loan application process

Complete our commercial lending dynamic pdf application form and return it to us via your BDM.

 

Go to Commercial loan forms

 

Fast-track option: If your client meets our SIMPLE+ criteria, you’ll be able to fast-track their commercial loan application. Find out more

Backing more businesses

It’s time to level the small business playing field. We’ve made a $500 million commitment to back women to start-up and scale-up their business.

Contact your BDM

Frequently asked questions

You’ll be updated weekly via email by your BDM or Relationship Executive (RE) about the latest rates. If you’re not receiving these emails, please get in contact with us.

Equipment finance

Your client’s finance rate will depend on the term of the loan and the balloon amount chosen.

For applicable fees and charges, please see the vehicle and equipment fees and charges booklet on our forms page.

Commercial lending

Published interest rates can also be found on our public website.

Fees and charges can also be found on our public website under each applicable product.

 

Visit business loans and finance page

Things you should know

Westpac Group Broker Code of Conduct

 

Credit criteria, terms and conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. This information does not take the borrower’s personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Please ensure you/ the borrower(s) read the disclosure documents for the selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Target Market Determinations for certain products are available.

 

If any of the information related to (or provided by) the Westpac Banking Corporation that you rely on is printed, downloaded or stored in any manner on your systems, files or otherwise, please ensure that you update your systems and files with the most up-to-date information provided by us and rely only on such updated information. Our site is secure. You can read our security information.

 

Unless otherwise specified, the products and services described on this website are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.

 

1. MV Car (≤$150k and not taxi/hire/import and asset price not to exceed $180k), MV Light Commercial Vehicle (< 4.5T), Trailer, Truck, Forklift (including telehandler), Dozer, Excavator, Grader, Skid Steer/Wheel Loader, Scraper or Dump Truck (heavy duty - off road or used in mining), Scissor Lift, Boom lift, Backhoe Loader are new or used ≤ 5 years. Harvester/Header, Seeding/Planting, Sprayer, Tractor and Tractor Front Attachments, are new or used ≤ 7 years. Note: Tractor attachments must be funded together with the tractor.

2. Please confirm eligibility with your BDM or Relationship Executive. These amounts cover the aggregate amount of business lending with the Bank.

3. Certain products have maximum limits less than $5M, please confirm these with your BDM.

4. Refer to your BDM to discuss the suitability of SIMPLE+. Excludes consumer lending, construction lending, sector policy and specialised lending. 

5. Non-recurring income or expense adjustments that can be reasonably justified.

 

* For applications that meet the following criteria:

  • New customers who borrow up to $150k and existing customers who borrow up to $250k
  • New customers must own residential property
  • The business has been trading for 2 years or more  
  • The business has a valid ABN and is registered for GST
  • The vehicle or equipment is 5 years old or less
  • Customers must have an acceptable credit history and must not have outstanding statutory payments.
 

The CitoPlus digital platform is offered and operated by CitoPlus, not Westpac Banking Corporation (Westpac). CitoPlus is not exclusive to Westpac customers.

 

By accessing and submitting an application through the CitoPlus platform, you will enter a third-party platform not owned by Westpac. For all personal information you provide to CitoPlus or upload to the CitoPlus platform please see the CitoPlus Privacy Policy. The CitoPlus Privacy Policy, is also available on the CitoPlus website. 

 

Westpac pays fees to CitoPlus in relation to Westpac’s access to and use of the CitoPlus platform. Included in those fees is an amount paid in connection with each loan application submitted to Westpac through the CitoPlus platform.

 

There are also fees that you will need to pay in relation to your use of the CitoPlus platform. Please visit https://citoplus.com.au/contact-us to find out more.