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 maximum amount of $75,000
Choose the version of this loan that suits you best
| Name | Minimum Amount | Maximum Amount | |
|---|---|---|---|
| | Secured Business Loan | $1,000,000 | |
| | Fixed Rate Unsecured Business Loan | $75,000 |
Loan: $1,000,000
Loan: $75,000
| variable/fixed | |
| 2.99% p.a.2.99% - 3.99% variable rate depending on security offered. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0 | |
| $0 | |
| $0.00 | |
| not disclosed | |
| not disclosed | |
| $10 ($50 for staff assisted withdrawals) |
| none | |
| Principal & Interest, Interest Only | |
| yes | |
| yes | |
| no | |
| no | |
| none | |
| 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.
| fixed | |
| n/a | |
| n/a | |
| n/a | |
| 3.99% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0 | |
| $0 | |
| $0.00 | |
| not disclosed | |
| not disclosed | |
| $10 ($50 for staff assisted withdrawals) |
| none | |
| Principal & Interest | |
| yes | |
| yes | |
| no | |
| no | |
| none | |
| 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.
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
