---
title: "Secured Business Loan — Westpac"
description: "Business Loans from Westpac. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/westpac/products/SecuredBusinessLoan
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-31T02:11:13Z
---

# Secured Business Loan — Westpac

> Business Loans from Westpac. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Business Loans**

Flexible loan solutions and competitive interest rates for businesses big and small.

## At a glance

- **From:** 7.91% (Variable)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Base Rate, a Margin may apply) | 7.91% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Establishment Fee | Upfront | 0.6% of balance |
| Monthly Line Fee — Charged monthly | Ongoing | 1% of balance |
| Loan Service Fee — Charged monthly | Ongoing | $14.00 |

## Features

- **A dedicated team to help you switch business banks**
- **With a Westpac business loan you can choose between a fixed or variable rate and select a frequency of repayments that works best for you - such as monthly, quarterly or yearly. The repayment amount is typically worked out over 1 to 30 years and you can use different types of security - such as cash, residential property, commercial property or business assets to secure your loan.**
- **Choose your repayment frequency : Tailor how often you want to repay based on your cash flow.**
- **Flexible loan options: Make extra repayments on your variable rate business loan to reduce interest and redraw funds when you need them.**
- **You have option to fix a rate for up to 5 years. This provides certainty in knowing what you're up for with each repayment. During the fixed rate period there will be no movement in the interest rate or the repayment amount for the term of the agreement. Fees and charges may be payable if you repay the loan early.**
- **Rather than choosing one or the other, you can fix part of your loan - and keep the other part variable.**
- **Loan to value ratio 100%. Footnote: Loans only available for purchase of owner-occupied non-specialised commercial property or business expansion.**
- **Redraw facility** (The product includes redraw features)
- **The term of your Business Loan will vary depending on security offered (you may swap if your situation changes) : Loan term up to 30 years when residential property used as security. Loan term up to 25 years when commercial or rural property used as security.**
- **Loan amount of up to $3m per customer, with a maximum of $3m in exposure across customer group facilities. Businesses must be operating and profitable for at least two years. Loans only available for purchase of owner-occupied non-specialised commercial property or business expansion. You should consider the increased risks associated with high loan to value ratio borrowing.**
- **Extra repayments** (Subject to terms and conditions, this product includes extra repayment features.)
- **Relationship management** (Relationship management is available for eligible customers.)
- **Digital banking** (With PayTo, you can see, review and authorise all new PayTo payments for things such as recurring bills, memberships and subscriptions before the money leaves your account.)

## Eligibility

- **Minimum age** — 18 years (An 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**
- **Banking and borrowing history - existing bank accounts and lending products must be within their approved limits**
- **Credit history - all borrowers, owners, directors and guarantors must have clear credit records. All statutory payments and ATO liabilities need to be up to date and not under arrangement**
- **Domicile : Your business must be registered in Australia.**
- **Security : Business loans would require security in the form of residential property, commercial property, or other types of security. A guarantee will also be required by company directors for corporate borrowers.**
- **Meets the credit criteria and credit policy requirements under an applicable offer for this product.**

## Constraints

- **Minimum limit** — $10,000.00

## More information from Westpac

- [Overview](https://www.westpac.com.au/business-banking/loans-finance/business-loan/)
- [Terms & conditions](https://www.westpac.com.au/business-banking/loans-finance/business-loan/)
- [Eligibility](https://www.westpac.com.au/business-banking/loans-finance/business-loan/)
- [Fees & pricing](https://www.westpac.com.au/business-banking/loans-finance/business-loan/)

## Data provenance

- Published by Westpac under the Consumer Data Right
- Product ID: `SecuredBusinessLoan`
- Last updated by the provider: 31 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/SecuredBusinessLoan
- Provider page: https://www.cdrcompare.au/brands/westpac
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000002

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/westpac/products/SecuredBusinessLoan) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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