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Westpac NZ launches $100M loan program for start-ups under two years old to ease funding access.
Westpac NZ has launched a $100 million loan program to help start-ups and early-stage businesses, targeting entrepreneurs with less than two years of operation.
The initiative aims to address funding challenges, with 35% of small business owners citing access to capital as a major obstacle.
Applicants must submit a business plan, cash forecast, and financial statements, and can access support through Westpac’s specialists and online resources.
The bank has expanded lending to small and medium enterprises over the past 18 months, citing a positive economic outlook for 2026.
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Westpac NZ lanza un programa de préstamos de $ 100M para startups menores de dos años para facilitar el acceso a la financiación.