NAB Business Options Loan – loan
NAB Business Options Loan up to $1 000 000
Applying does not commit you to a contract.
Properties of this loan
- NAB Business Options Loan up to $1 000 000
- Term 1 - 30 years
NAB (National Australia Bank) is one of Australia's "big four" banks, listed on the ASX and regulated by APRA. It is one of the largest business lenders in the country alongside its full retail banking range.
The NAB Business Options Loan is a flexible finance facility for small and medium businesses, usable for working capital, equipment or expansion. It can be arranged as secured or unsecured depending on the amount and the business's circumstances, with options for fixed or variable pricing.
It sits between NAB's fast online QuickBiz lending and its larger commercial facilities, suiting businesses that need more than a small cash-flow top-up but don't need a full commercial loan structure.
✓ Pros
- Flexible use of funds for working capital, equipment or growth
- Secured or unsecured options depending on business profile
- Choice of fixed or variable pricing
- Backed by a major bank business lending team
✗ Cons
- Larger facilities may require security or a director guarantee
- More documentation required than a simple online business loan
- Approval takes longer than fintech alternatives
How to apply
- Apply for your loan
- Wait for approval
- Wait for money
Loan requirements
- ✓ Active Australian Business Number (ABN)
- ✓ Minimum time trading, commonly 6 months or more
- ✓ Regular business turnover / bank statements
- ✓ Director guarantee may be required for unsecured facilities
Frequently asked questions
24 hours
The minimum loan amount at NAB Business Options Loan is $20,000.
About National Australia Bank Limited
| Company | National Australia Bank Limited |
|---|---|
| Address | 700 Bourke St, Docklands VIC 3008 |
| Website | https://www.nab.com.au |