- Business loans up to $250,000
- Low-interest starting from 12.95%
- Repayment up to 30 years
[Accessed May 2, 2023]
National Australian Bank - Expert credit provider
National Australia Bank is not your ordinary bank. They're a financial service provider that goes out of their way to ensure that you get the best deal.
They've saved a lot of people’s businesses and have built a lot from scratch. It's great to know that they've contributed to somebody’s success one way or the other. To some people, a financial contribution is merely that but to them, it goes above that.
They always have to first assess the sustainability of a business before they can determine if you show potential to be given a short-term loan. Seeing that this is their money, it makes sense why they have to do all these evaluations. They're always looking into injecting in a business that will bear them profit instead of a loss.
That doesn’t mean they side-line certain businesses, they give each and every operation a fair chance of being in the limelight. At the end of the day, they want to see every business flourishing regardless of how it started.
Short-term and long-term lending for your business
They have a number of business loans available. One of them is short-term loans which are available for businesses that want to borrow money on a short-term basis.
The period will differ from one year to three years. Long-term lending for your business: This type of loan is for longer periods and ranges from 1 year to 300 years. This is for a longer type of project.
You can apply for an amount of up to $250 000
When you're looking for business finance, you'll have to apply for a business loan. Applying for this type of credit is similar to applying for any other loan.
All that is required from you is to fill in the online application form and submit it. The application form will include your personal details, residential details and details about your business.
The information that you finish them with is strictly confidential and will never be used for other purposes either than those of applying for a loan for you.
Online business loan assessment
After you've completed an online loan application, you'll need to submit your supporting documents for their attention. The supporting documents need to correspond with the information that's submitted to the online application.
If they find that there's no relationship between the two documents, they'll contact you right away. The last thing they want to see is any discrepancies raised by both parties.
The money will be deposited in your bank account
After you've given them your supporting documents and they're satisfied that everything is in order, they'll send the money to your nominated bank account.
Depending on the time you applied for the business loan, the money may take a few hours to reflect on your bank account or you might get it the next business day.
They strive to offer fast loans to all business owners. It's also important to take notice of the operating hours.
National Australia Bank – Business loan
- Loan Type Business loans
- Interest Rate from 12.95%
- Loan Amount up to $250,000
- Repayment 12 months to 30 years
Benefits of National Australia Bank
- A transparent service
- Simple online loan applications
- Flexible business loans
Business loan calculator
National Australia Bank - Grow your business
It's good to know that you can get money whenever you need it without having to go through the long process of filling out countless documents and being asked a lot of questions.
You can apply for an amount of $250 000 and can pay it at agreed intervals. They know how resources tend to run out and you're in need of constant cash flow as an entrepreneur. With the NAB Business Overdraft, you won’t have to worry.
National Australia Bank QuickBiz Loan
With the National Australia Bank QuickBiz Loan, you can get unsecured business loans to help you grow your business into what you want it to be.
National Australia Bank QuickBiz overdraft
Entrepreneurs can apply for an excess of $50 000 of cash flow to ensure that the day-to-day operations of a business run smoothly without any fault. It will be great to know that with the QuickBiz Overdraft, you don’t have to use assets and security as collateral. Everything is unsecured which means less worry for you. The last thing you need is to be consistently worried about ensuring that you have enough money to run your business errands.
National Australia Bank microenterprise program
This NAB Microenterprise has turned a lot of businesses into masterpieces. Although it may be a short-term emergency loan, it's helped businesses grow their trades into becoming forces to be reckoned with. It gives them great pleasure when they see that they've helped businesses reach their full potential. The program also contains mentoring and coaching for small and up-and-coming businesses that want to outshine the rest. Essentially, it's not even a matter of competition, it's just a matter of allowing businesses and entrepreneurs to reach the highest potential.
Businesses that can apply for business loans include the following:
- The owner must be a sole trader
- The owner must be 18 years or older
- The owner must be an Australian citizen or permanent citizen
- The owner must have a registered operation and occupancy in Australia
National Australia Bank is a trusted & reliable provider of business loans
In our review, National Australia Bank adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.
✅ National Australia Bank is a registered credit provider in Australia: ACL 230686
Customer Reviews & Testimonials
I love that I was able to get an unsecured business loan with NAB. As a new business owner, I didn't have much to put up as security so this was a great option for me that didn't break the bank i...
— Newcastle —
Very reasonable rates, fees and easy to maintain loan terms. It was exactly what I needed for my business! Would advise anyone needing a business loan to use NAB.
— Townsville —
NAB staff were very helpful in assisting me with my business loan application and were always readily available to answer any questions I had.
— Victoria —
I was very happy with NAB. Not only did I secure an amazing business loan, but there were so many extras that came along with my loan - really good value for money.
— Sydney —
National Australia Bank Contact
- 51-53 Todd St Alice Springs NT 0870 Australia
- Get Directions
- Monday 08:30 – 17:30
- Tuesday 08:30 – 17:30
- Wednesday 08:30 – 17:30
- Thursday 08:30 – 17:30
- Friday 08:30 – 17:30
- Saturday – Closed
- Sunday – Closed