Westpac’s business bank will provide customers with a year’s worth of basic legal services as it looks to non-banking perks to support its growth in small business lending.
As part of its growth strategy, Westpac has made a strategic, $10 million investment in legal services provider Lawpath, and will provide customers with a 12-month subscription allowing them to access an archive of legal documents and business registration services.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au