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Westpac

Westpac Bank Bill Business Loan

Market-linked business loan from $250,000 over 30 days to 30 years for acquisitions, capital investment or refinancing, with variable or fixed rates.

Business LoansBusiness Acquisition FinanceRefinance & Debt Consolidation
Source dated 25 Sept 2026
Amount
From $250K
Term
Up to 30 yrs
Rate
Rate available on application
Security
Secured
Enquire about this product

Product details

As published by Westpac. Details not published by the lender are marked.

Loan amount
From $250K
Rate
Rate available on applicationPersonalised rate that takes into account the BBSY rate at the time of quote, updated at each rollover of 30 to 180 days. Fixed rates also offered. No rate figure or margin published.
Rate type
Variable (BBSY-linked) or fixed
Term
Up to 30 yrs
Security
Secured
Structure
Term loan (BBSY-linked)
Fees
Establishment fee as a percentage of the facility limit, minimum $600 · Line fee as a percentage of the facility limit · Service fee of $40 per month
Restrictions
Secured by cash, commercial or residential property; other forms of business asset security by arrangement with Westpac.
How to apply
Direct with the lender, or through us
Not published by Westpac
repayment frequency, early repayment, time trading, turnover, documents, guarantees, funding time
Suitable purposes
GrowthBuy a businessRefinance

About Bank Bill Business Loan

Westpac publishes these details for Bank Bill Business Loan: structure term loan (BBSY-linked); loan amount from $250K; term up to 30 yrs; security secured; suitable purposes growth, Buy a business, Refinance. Not published by Westpac for this product: maximum LVR, time trading, turnover, documentation, funding time, guarantees. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Westpac products

  • Business Car Loan: Structure is term loan (BBSY-linked) here and chattel mortgage for Business Car Loan; loan amount is from $250K here and from $15K for Business Car Loan; term is up to 30 yrs here and 1 yr to 7 yrs for Business Car Loan; security is secured here and asset-backed for Business Car Loan.
  • Business Equipment Loan: Structure is term loan (BBSY-linked) here and chattel mortgage (lease and hire purchase also offered) for Business Equipment Loan; loan amount is from $250K here and from $15K for Business Equipment Loan; term is up to 30 yrs here and 1 yr to 7 yrs for Business Equipment Loan; security is secured here and asset-backed for Business Equipment Loan.
  • Business Loan: Structure is term loan (BBSY-linked) here and term loan for Business Loan; loan amount is from $250K here and from $10K for Business Loan; Westpac publishes term (up to 30 yrs) for this product but not for Business Loan; documentation is published for Business Loan (iD, financial statements, proof of individual income for directors and shareholders, personal and business expenses, latest annual financial statements or business tax return, 12 months of ATO BAS, and a signed lease for property investments.) but not for this product.
  • Business Overdraft: Structure is term loan (BBSY-linked) here and overdraft for Business Overdraft; Westpac publishes loan amount (from $250K) for this product but not for Business Overdraft; Westpac publishes term (up to 30 yrs) for this product but not for Business Overdraft; documentation is published for Business Overdraft (iD, financial statements, proof of individual income, and personal and business expenses.) but not for this product.

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More from Westpac

Business Car Loan

Fixed rate business vehicle loan (chattel mortgage) from $15,000 over 1 to 7 years for new or used cars, vans and trucks, with an optional balloon.

Amount
From $15K
Term
1 yr to 7 yrs
Security
Asset-backed
Rates and other criteria
Rate
Individual assessment
Repayments
Not published
Trading
Not published
Source dated 1 Oct 2026
Details for Westpac Business Car Loan

Business Equipment Loan

Fixed rate equipment loan (chattel mortgage) from $15,000 over 1 to 7 years for new or used equipment; lease and hire purchase also offered.

Amount
From $15K
Term
1 yr to 7 yrs
Security
Asset-backed
Rates and other criteria
Rate
Rate available on application
Repayments
Not published
Trading
Not published
Source dated 25 Sept 2026
Details for Westpac Business Equipment Loan

Business Loan

Secured business term loan from $10,000 with variable or fixed rates, for uses such as buying a business, capital investment, property or refinancing.

Amount
From $10K
Term
Not published
Security
Secured
Rates and other criteria
Rate
From 7.91% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 25 Sept 2026
Details for Westpac Business Loan

Business Overdraft

Secured business overdraft with a variable rate and a line fee on the total limit, where interest is paid only on the amount used.

Amount
Not published
Term
Not published
Security
Secured
Rates and other criteria
Rate
From 8.11% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 25 Sept 2026
Details for Westpac Business Overdraft

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