---
title: "Unsecured 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/UnsecuredBusinessLoan
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-08T06:46:57Z
---

# Unsecured 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**

Find out how you could get an unsecured loan for up to $250k to grow your business without using assets to secure the loan

## At a glance

- **From:** 13.7% (Fixed)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Fixed · 1 year | 13.7% | — | — |
| Fixed · 2 years | 13.85% | — | — |
| Fixed · 3 years | 13.95% | — | — |
| Fixed · 4 years | 14.1% | — | — |
| Fixed · 5 years | 14.15% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Establishment Fee | Upfront | $250.00 |
| Monthly Fee — Charged monthly | Ongoing | $0.00 |

## Features

- **No loan security  - There?s no need to use personal or business assets like property, vehicles or inventory.**
- **Simple process - Access funds for your business needs, with a maximum loan amount of up to $250k.**
- **Flexible repayments - You choose the repayment frequency and the loan term from 1 to 5 years.**
- **Repayment certainty - With no monthly fees and a fixed rate, you?ll know what you?re paying each month.**
- **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.)
- **What you could use an Unsecured Business Loan for- Improve business cash flow or working capital. Inventory purchase, invoice financing or equipment upgrades. Marketing to grow your business profile. Hiring more staff or moving to new premises**

## Eligibility

- **Minimum turnover** — $75,000.00 p.a.
- **Minimum age** — 18 years (An individual 18 years and above)
- **Be a business entity or an individual 18 years and above, domiciled in Australia**
- **Business customers** (Require the funding wholly or predominantly for business purposes)
- **Meet the credit criteria and credit policy requirements under an applicable offer for this product. **
- **Business customers** (Have traded for at least 12 months with a valid ABN or ACN�)
- **Business customers** (Turnover more than $75k annually and be registered for GST)
- **Business customers** (Be operating as a sole trader, partnership, trust or company (if the company is a sole director company, the sole director must also be the sole company secretary). Guarantees may be required)
- **Business customers** (Have less than $1.5m in business lending with Westpac)
- **Business customers** (Have ATO payments, loan repayments and employee entitlements (including super) up to date)
- **Business customers** (Not foresee a decline in business revenue that would affect the payment of business liabilities)
- **Not be a franchisee, SMSF or charity**
- **Business customers** (Tell Westpac about all your accounts and liabilities, so we have a complete and accurate view of your business's financial position)
- **Business customers** (In the past 30 days, have not taken up any additional business lending with any financial institution. The loan will be used for business purposes only and will not be used to refinance any other lending)
- **Not use the loan to start a business, fund a property development or to purchase residential property.**

## Constraints

- **Minimum limit** — $5,000.00
- **Maximum limit** — $250,000.00

## More information from Westpac

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

## Data provenance

- Published by Westpac under the Consumer Data Right
- Product ID: `UnsecuredBusinessLoan`
- Last updated by the provider: 8 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/UnsecuredBusinessLoan
- 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/UnsecuredBusinessLoan) — 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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