Rating based on 31 reviews

NAB

Updated

  • Business loans up to $75,000
  • Low-interest up to 7%
  • Repayment up to 30 years

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National Australia Bank homepage

Author National Australia Bank. Screenshot of National Australia Bank website. [Accessed April 12, 2018]

National Australian Bank - Expert credit provider

National Australia Bank is not your ordinary bank. We are a financial service provider that goes out of their way to ensure that clients get the best deal.

We have saved a lot of people’s businesses and have built a lot from scratch. It is great to know that we have contributed in somebody’s success one way or the other. To some people, a financial contribution is merely that but to us, it goes above that.

Sustainable businesses

We always have to first assess the sustainability of a business before we can determine if they show potential to be given a short term loan. Seeing that this is our money, it makes sense why we have to do all these evaluations, we are always looking into injecting in a business that will bear us profit instead of a loss.

However, that doesn’t mean we side-line certain businesses, we give each and every operation a fair chance of being in the limelight. At the end of the day, we want to see every business flourishing regardless of how they started.

Short-term and long-term lending for your business

We have a number of business loans that are available. One of them is short-term loans which are available for businesses who want to borrow money for 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 5 years to 20 years. This is for a longer type of projects.

Clients can apply for an amount of $20 000

When you are looking for business finance, you will have to apply for a business loan. Applying for this type of credit is similar than applying for any other loan.

All that is required from you is to fill in the online application form and submit. The application form will include your personal details, residential details and details about your business.

The information that you finish us 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 have completed an online loan application, you will need to submit your supporting documents for our attention. The supporting documents need to correspond with the information that is submitted to the online application.

If we find that there is no relationship between the two documents, we will contact the client right away. The last thing we want to see is any discrepancies raised from both parties.

The money will be deposited in your bank account

After you have given us your supporting documents and we are satisfied that everything is in order, we will send the money in 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.

We strive to offer fast loans to all business owners. It is also important to take notice of the operating hours. Ultimately, it is a waiting game from here on now.

National Australia Bank Business loan

  • Loan Type Business loans
  • Interest Rate 7%
  • Loan Amount up to $75,000
  • Repayment 1 month to 30 years

Benefits of National Australia Bank

  • transparent service
  • Simple online loan applications
  • Flexible business loans

National Australia Bank - Grow your business

It is good to know that you can get money whenever you need it without having to go through the long process of filling countless documentation and being asked a lot of questions.

Clients can apply for an amount of $20 000 and can pay it on agreed intervals between the client and us. We know how resources tend to run out and you are 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 great to know that with the QuickBiz Overdraft, you don’t have to use assets and security as collateral. Everything is unsecured and means less to 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 has helped the business grow their trades into becoming forces to be reckoned with. It gives us great pleasure when we see that we have 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 is not even a matter of competition, it is just a matter of allowing businesses and entrepreneurs to reach for 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
man holding thumbs up

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, as well as the National Consumer Credit Protection Regulations 2010, 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...

Spencer G
— 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.

Hannah C
— 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.

Molly M
— 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.

Jameelah M
— Sydney —

National Australia Bank Contact

Contact Number

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • 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