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Westpac SME Business Loan

Advertiser disclosure

The details shown below are for the Secured Business Loan with a maximum amount of $1,000,000

The details shown below are for the Fixed Rate Unsecured Business Loan with a minimum amount of $5,000 and a maximum amount of $250,000

Choose the version of this loan that suits you best

  • Loan: $1,000,000

  • Loan: $5,000 $250,000

Interest rate
5.41% p.a. From 4.41% variable rate depending on security offered.
Security type
Property Secured
Upfront fee
$0
Interest rate
13.09% p.a. Unsecured SME Business Fixed Rate
Security type
Unsecured
Upfront fee
$250

Details

Rates and fees information correct as at 19 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

variable/fixed

5.41% p.a.From 4.41% variable rate depending on security offered.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0

$0

$0.00

not disclosed

not disclosed

$10 ($50 for staff assisted withdrawals)

Features

none

Principal & Interest, Interest Only

yes

yes

no

no

Loan to value ratios of up to 100% residential property or 80% owner-occupied non-specialised commercial property for secured loans up to $3 million available.

Eligible Westpac customers only. Annual turnover less than $50m.

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.

Details

Rates and fees information correct as at 19 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

fixed

n/a

12.09% p.a.

12.89% p.a.

13.09% p.a.

n/a

n/a

n/a

n/a

Fees

$250

$0

$0.00

not disclosed

not disclosed

$10 ($50 for staff assisted withdrawals)

Features

none

Principal & Interest

yes

yes

no

no

Loan to value ratios of up to 100% residential property or 80% owner-occupied non-specialised commercial property for secured loans up to $3 million available.

Eligible Westpac customers only. Annual turnover less than $50m.

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.

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