Westpac Business Loan

Rates

Rate type
variable/fixed
Variable rate
6.43% p.a.Business Development Rate
Fixed 1 year rate
5.30% p.a.
Fixed 2 year rate
5.44% p.a.
Fixed 3 year rate
5.47% p.a.
Fixed 4 year rate
5.64% p.a.
Fixed 5 year rate
5.73% p.a.
Fixed 6 year rate
none
Fixed 7 year rate
none

Fees

Upfront fee
not disclosed
Ongoing fees
not disclosed
Late payment fee
$0.00
Exit fee
not disclosed
Early repayment penalty
not disclosed
Transaction fee
$10 ($50 for staff assisted withdrawals)

Features

Repayment frequency
none
Repayment types
Principal & Interest, Interest Only
Extra repayments allowed
yes
Redraw allowed
yes
Card access
no
Cheque access
no
Other benefits
none
Other restrictions
25 years for residential 15 for commercial or rural.

*Example cost figure provides indicative minimum total repayments over 6 months on a $10,000 loan. Actual costs will vary depending on individual risk score as assessed by the lender.

Compare other business loans

Mozo

Mozo is all about you saving money

We assist thousands of Australians each month choose a banking, energy or insurance provider.

About Mozo Contact us Media room

Social
Compare & Save
Home loans Credit cards Personal loans Car loans Savings accounts Term deposits Bank accounts Travel insurance Electricity Gas
Information
Reserve Bank interest rates Interest rates Financial calculators Australian banking providers Australian energy providers Vice calculator
Rate & Review
Home loan reviews Credit card reviews Car insurance reviews Energy reviews Experts Choice Awards People's Choice Awards

Mozo provides factual information in relation to financial products. While Mozo attempts to make a wide range of products and providers available via its site it may not cover all the options available to you. The information published on Mozo is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. Mozo may receive payment from product issuers for clicks on or applications for products marked as "Promoted". If you decide to apply for a product you will be dealing directly with that provider and not with Mozo. Mozo recommends that you read the relevant PDS or offer documentation before taking up any financial product offer. For more information please see Mozo's FSG, General advice disclaimer or Terms of use.

General advice disclaimer FSG Terms of use Privacy

Westpac Business Loan

Rates

Fees

Features

Mozo

Social

Compare & Save

Information

Rate & Review