COVID-19 repayment deferral check-in
To assist with managing your next steps during this challenging time, we’ve outlined three options for you to consider. To submit your selection, you’ll need the unique reference number we sent you via email or SMS.
- Your selection will apply to Business Auto loans and Equipment Finance loans and facilities with deferred repayment arrangements only.
- Your selection will not apply to Novated Leases and Commercial Hire Purchase facilities.
Frequently asked questions
Interest that accrued during the six month deferral period will be added to your loan account balance at the end of the deferral period (capitalised), in accordance with the terms of your arrangement with us*.
- If you’ve already contacted us to make changes to your repayment deferral, you don’t need to take further action. We’re currently working through your request and will be in touch as soon as we can.
- If you don’t respond, we’ll continue with your current vehicle and equipment loan repayment deferral, with your repayments resuming at the end of the six-month deferral period, as planned.
Things you should know
* For Equipment and Auto Finance loans and facilities, fees which accrued during the deferral period will be waived and recommence and be payable from the end of the deferral period.
Capital Finance Australia Limited ABN 23 069 663 136 (“CFAL”) is a wholly owned subsidiary of Westpac Banking Corporation ABN 33 007 457 141 (“Westpac”).
Westpac does not guarantee or provide financial support to CFAL.