NAB Business Options Loan
An easy to understand medium to long term business loan up to $1 million, ideal for growing your business.
Category: Business Loans Last Updated March 1, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information Customer margin may apply
Interest Rate
7.85% PA
7.85% PA
Comparison Rate
0.00%PA*
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.85%, Comparison Rate 0.00%
- Repayment Type:
- Loan Purpose:
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.85%, Comparison Rate 0.00%
- Repayment Type:
- Loan Purpose:
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.85%, Comparison Rate 0.00%
- Repayment Type:
- Loan Purpose:
Product Features
- Redraw Additional Information: Customer has redraw functionality
- Other Additional Information: Loan terms up to 30 years available (subject to qualifying criteria).
- Other Additional Information: Repayment and rate options available (i.e. P&I or IO)
Product Eligibility
- Business Additional Information: Available wholly or predominantly for business purposes operating in Australia
- Other Additional Information: Upon application other criteria may apply to the Business Loan
Limitations & Restrictions (Constraints)
- Min Limit of 20000.00 Additional Information: The ability to borrow from $20,000
Document Downloads
nab-business-lending-general-terms.pdf (235.2 KB)
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