NAB QuickBiz Overdraft
An unsecured business overdraft is a line of credit that you can easily access anytime.
Category: Overdrafts Last Updated March 1, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information
Interest Rate
8.87% PA
8.87% 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 Features
- Card Access
- Unlimited Txns
Product Eligibility
- Business Additional Information: A sole trader, a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust
- Min Age - 18.
- Min Turnover - 75000.00.
- Other Additional Information: Operated under your current registered ABN/ACN for more than 12 months
- Other Additional Information: Registered for GST
- Other Additional Information: You have a business and residential address in Australia.
- Other Additional Information: Other lending criteria apply.
Bank Fees and Charges
- Service Fee (Periodic), Amount: Not Listed.. Additional Information: A service fee of 1.75% per annum of the Overdraft limit is charged monthly on the last banking day.
Limitations & Restrictions (Constraints)
- Min Limit of 5000.00
- Max Limit of 50000.00
Document Downloads
nab-business-lending-general-terms.pdf (235.3 KB)
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