Bank Bill Business Loan
For business loans from $250K with cash flow-friendly repayment options to help assist with acquisitions, capital investment or refinancing.
Fees
| Fee | Type | Amount |
|---|---|---|
| Line Fee Charged monthly · Negotiable % p.a. charged monthly in advance from the first business day of the first full month after the loan is established, and depends on the facility limit. | Ongoing | Variable |
| Loan Service Fee Charged monthly | Ongoing | $40.00 |
| Lending Establishment Fee 0.6% of the facility limit with a minimum of $600 | Upfront | Variable |
| Discharge Fee Payable when we agree to discharge a security linked to the facility. Payable per LTO security. | Exit | $350.00 |
| Break Cost fee (Prepayment Fee) Only applicable to FIXED RATE LOANS. Calculated at the time of prepayment. | Event | Variable |
Features
- Relationship management
- Supported by specialist relationship managers, locally based in metropolitan and regional centres throughout Australia
- Interest rates linked to the bank bill swap rate
- Multiple rollover options: Select a rollover period every 30, 60, 90, 120, 150 or 180 days.
- Short and long loan terms: Loan terms available from 30 days up to 30 years
- Market-linked rates: Choose from a variable or fixed interest rate.
- Flexible repayment types: Including principal, interest & fees and interest-only options.
- Westpac Bank Bill Business Loan rates are available on application. Margins may apply.
Eligibility
- Minimum age — 18 yearsAn individual 18 years and above
- Be a business entity or an individual 18 years and above, domiciled in Australia and require the funding wholly or predominantly for business purposes
- Meets the credit criteria and credit policy requirements under an applicable offer for this product.
Constraints
- Minimum limit — $250,000.00
More Information
Published by Westpac under the Consumer Data Right · Last updated 13 July 2026 · Product ID BankBillBusinessLoan · View on CDR.gov.au