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Westpac

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.

From lender's website, 25 Sept 2026
Amount
From $15K
Term
1 yr to 7 yrs
Rate
Individual assessment
Security
Asset-backed

Product details

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

Loan amount
From $15K
Rate
Individual assessmentFixed rate tailored to the customer; no rate figure published. Up to 1% p.a. off the rate for electric vehicles, offer available until 30/09/2026.
Rate type
Fixed
Term
1 yr to 7 yrs
Security
Asset-backed
Structure
Chattel mortgage
Fees
Establishment fee of $500 · No monthly fees · Early termination fee of $400 (goods loan)
Repayment frequency
Not published
Early repayment
Early termination fee of $400 (goods loan) plus break costs assessed case by case
Time trading
Not published
Turnover
Not published
Documents
Not published
Guarantees
Not published
Funding time
Approved funds within 1 business day for eligible customers and asset types
Restrictions
Business based, registered and operating in Australia; vehicle fully or mostly used for business.
How to apply
Direct with the lender, or through us
Suitable purposes
Vehicle

More from 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.

Amount
From $250K
Term
Up to 30 yrs
Security
Secured
Rate
Rate available on application
Repayments
Not published
Trading
Not published
From lender's website, 25 Sept 2026
Details for Westpac Bank Bill Business 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
Rate
Rate available on application
Repayments
Not published
Trading
Not published
From lender's website, 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
Rate
From 7.91% p.a. variable
Repayments
Not published
Trading
Not published
From lender's website, 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
Rate
From 8.11% p.a. variable
Repayments
Not published
Trading
Not published
From lender's website, 25 Sept 2026
Details for Westpac Business Overdraft

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Major bank

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Amount
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Term
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Security
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Rate
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Repayments
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Trading
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From lender's website, 25 Sept 2026
Details for ANZ Business Car Loan
Customer-owned bank

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Amount
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Term
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Security
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Trading
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From lender's website, 25 Sept 2026
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