Date posted: 30/01/2026 3 min read

Funding support for ambitious startups

Westpac start-up lending options are here to help startups take the first step and grow with confidence. Brought to you by Westpac NZ.

Westpac knows the grit, ambition and determination it takes to succeed as a startup, which is why it has committed NZ$100 million in lending to support startup businesses across the country.

Cat Feaunati, Westpac NZ head of business and virtual banking, says the announcement demonstrates Westpac’s support of this sector. “We know small businesses are the backbone of our economy and we want to help more people get started on their journey,” Feaunati says.

“Many startups will need funding to help realise their growth ambitions and that’s where we come in.

“Whether it’s investing in equipment or funding your first ingredient order, we want to help New Zealanders who have great business ideas to take that first step.”

Startup lending can be used for:

  • Purchasing equipment
  • Marketing your business
  • Setting up your workspace
  • Investing in technology
  • Acquiring a business
  • Managing cash flow.

Key benefits

Together with proactive advice and flexible solutions, your lending will be tailored to help bring your ideas to life.

  • Flexible terms – borrow and repay in a way that works for your business
  • Secured or unsecured options, depending on what suits your needs
  • Tailored to your business needs and goals
  • Choice of fixed or floating rates.

Lending options for startups

  • Business term loans: flexible repayment terms to fund growth or set-up costs
  • Equipment finance: finance business assets such as vehicles, equipment, plant and machinery without tying up working capital
  • Business overdraft: manage cash flow and cover short-term business expenses
  • Business Revolve Account: flexible on-call credit to support your cash flow
  • Tailored lending solutions: our specialists work with you to find the right option for your business.

How it works

Westpac business lending supports new businesses that are still finding their feet. All that’s needed to apply is a business plan, cash flow forecast, statement of financial position and a completed lending application.

Find out more

If you’re looking for more information, check out the Westpac startup lending webpage here or call a Westpac business specialist on 0800 288 101 weekdays from 8.30am to 5pm.

T&Cs: Loan maximums depend on the customer’s security and ability to service the debt. Interest is calculated on the daily outstanding balance. For loans, it is charged fortnightly or monthly. For Business Overdrafts and Business Revolve Accounts, interest is charged monthly only. Repayments for loans are automatically deducted from the customer’s nominated transaction account. Business Overdrafts do not have principal repayments. A line of credit charge and an establishment fee may apply. Lending criteria apply to all applications for finance. Terms, conditions, fees and charges apply. See the Business Transaction and Service Fees Brochure for details. Depending on your business situation, our lending criteria may require other documents you have available. For loan terms longer than five years, please talk to a Westpac business lending specialist. Business lending products are only available for business and/or investment purposes and not for personal, domestic or household purposes.

Search related topics