Commercial loans for brokers
Short and long-term business finance solutions
Business Overdraft
Line of credit available when your client needs it:
- Only pay interest on what is used
- Repay any amount, any time
- Secured/unsecured options.
Business Loan
Business growth, to buy property or refinance debt:
- Loans from $10k
- Variable/fixed rate options
- Secured/unsecured options.
Invoice Finance
Plug the gap between issuing invoices and receiving payment by accessing up to 85% of the value of invoices:
- Minimum $2.5M annual turnover
- Funding limits from $500k.
Bank Bill Business Loan
Term loan based on the Bank Bill Swap rate (BBSY):
- Loans from $250k
- Terms of 30 days up to 30 years
- Multiple rollover options.
Other commercial finance solutions
Corporate and Institutional Banking clients
Our Broker offering also includes comprehensive solutions for your Corporate and Institutional Banking customers. Reach out to your Commercial BDM for more details.
What are the requirements?
Faster, simpler commercial loan applications
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.
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.
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. Certain products have maximum limits less than $5M, please confirm these with your BDM.
2. Refer to your Senior BDM or Relationship Manager to discuss the suitability of SIMPLE+. Excludes consumer lending, construction lending, sector policy and specialised lending.
3. Non-recurring income or expense adjustments that can be reasonably justified.
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.