NAB Business Options Loan – loan application

5.0 / 5
Maximum amount $1,000,000
Interest from 2.45%
Term 1 – 30 months
Approval in 24 hours

Screenshot of https://www.nab.com.au website.

NAB Business Options Loan website screenshot

Contact

CompanyNational Australia Bank Limited
Address700 Bourke St, Docklands VIC 3008

Representative example

Loan amount$15,000
Term30 months
Interest from2.45%
Monthly repayment$516
Total interest cost$479
Total amount payable$15,479

* This is an indicative example only. Actual rates and fees are set by the lender at approval.

Quick overview

Loan amount$20,000 – $1,000,000
Term1 – 30 months
Interest from2.45%
Approval24 hours
Eligibility24 hours
Online applicationYes

Loan requirements

  • ✓ A sole trader, a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust
  • ✓ Registered for GST, turnover of at least $75K per year, and operated under your current registered ABN/ACN for more than 12 months.
  • ✓ Have 12 months of reconciled business financial data from your accounting package
  • ✓ You'll also need to be at least 18 and a permanent Australian resident

Loan features

  • NAB Business Options Loan up to $1 000 000
  • Term 1 - 30 years