NAB QuickBiz Loan – loan
NAB QuickBiz Loan up to $250 000
Applying does not commit you to a contract.
Properties of this loan
- NAB QuickBiz Loan up to $250 000
- Term 1 - 5 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.
NAB QuickBiz is a fast, mostly digital small business loan designed for existing NAB business transaction account customers who need working capital quickly. Because NAB can use the business's existing transaction data, QuickBiz loans can often be approved and funded much faster than a traditional commercial loan application.
It suits smaller, shorter-term funding needs such as stock purchases, equipment or smoothing cash flow, rather than large-scale expansion finance.
✓ Pros
- Fast, largely digital application and decision for existing NAB business customers
- No need to resubmit full financials NAB already holds
- Suited to short-term working capital needs
- Can be arranged without visiting a branch
✗ Cons
- Generally requires an existing NAB business transaction account
- Loan sizes are smaller than NAB's larger commercial facilities
- Rate is usually higher than a secured commercial loan of similar size
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
- ✓ Existing NAB business transaction account is typically required
Frequently asked questions
24 hours
The minimum loan amount at NAB QuickBiz Loan is $5,000.
About National Australia Bank Limited
| Company | National Australia Bank Limited |
|---|---|
| Address | 700 Bourke St, Docklands VIC 3008 |
| Website | https://www.nab.com.au |