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NAB business loans offer a range of packages for different needs. Check out our range of business loans for an overview of interest rates, fees and more. Or you can compare with our business loan comparison tools.
Last updated 30 October 2024
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Important disclosures
Advertiser disclosure
This table shows a range of products, and we may receive payment if you use the links provided. It does not show all providers or all products from the providers. Mozo is paid a fee by the product issuer if you use a link on our site to go to their site from ours, make an inquiry, or you take out a product with them. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. You do not pay any extra for using our service.
We also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not. While we pride ourselves on covering a wide range of products, we don't cover every product in the market.
Products are initially shown with ‘Promoted’ products at the top that we have chosen to advertise more prominently. The table beneath lists products that meet the information in the filter, sorted according to estimated repayments for loans, and interest rates for deposits. You can change the filter settings to see other products.
We provide only general advice
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.
NAB business loans
Business Overdraft
Interest rate
Upfront fee
Funding speed
10.47% p.a. variable
Negotiable
Varies
Link not supplied
Details Close
Interest rate
10.47% p.a. variable
Upfront fee
Negotiable
Ongoing fees
Fees and charges apply
Late payment fee
$0.00
Transaction fee
not disclosed
Early repayment penalty
0
Other fees
Loan type
Overdraft
Security type
not disclosed
Minimum loan amount
$20,000
Maximum loan amount
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
$75,000
Exit fee
not disclosed
Repayment frequency
n/a
Repayment types
n/a
Card access
yes
Redraw allowed
n/a
Extra repayments allowed
n/a
Other benefits
-
Other restrictions
Must link with a NAB business transaction account and is repayable on demand
Business Options
Interest rate
Upfront fee
Funding speed
7.60% p.a. variable
Negotiable
Varies
Link not supplied
Details Close
Interest rate
7.60% p.a. variable
Upfront fee
Negotiable
Ongoing fees
Fees and charges apply
Late payment fee
$0.00
Transaction fee
not disclosed
Early repayment penalty
0
Other fees
Loan type
Loan
Security type
not disclosed
Minimum loan amount
$20,000
Maximum loan amount
$1,000,000
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
Varies
Exit fee
not disclosed
Repayment frequency
monthly, quarterly, half-yearly, annually
Repayment types
Interest only for loan term, principal and interest
Card access
no
Redraw allowed
yes (variable only)
Extra repayments allowed
yes (free for variable)
Other benefits
A variable rate loan can be switched to fixed rate at any time at no cost.
Other restrictions
Progressive drawdown fee $60 per drawing
QuickBiz Loan
Interest rate
Upfront fee
Funding speed
12.95% p.a. fixed
No Upfront Fees
1 day
Link not supplied
Details Close
Interest rate
12.95% p.a. fixed
Upfront fee
No Upfront Fees
Ongoing fees
No Ongoing Fees
Late payment fee
$0.00
Transaction fee
not disclosed
Early repayment penalty
0
Other fees
Loan type
Loan
Security type
Unsecured
Minimum loan amount
$5,000
Maximum loan amount
$250,000
Minimum loan term
Maximum loan term
3 years
Funding speed
1 day
Application speed
15 minutes.
Approval speed
Varies
Minimum trading period
1 year
Minimum annual turnover
$75,000
Exit fee
not disclosed
Repayment frequency
Monthly
Repayment types
Principal & Interest
Card access
no
Redraw allowed
no
Extra repayments allowed
no
Other benefits
-
Other restrictions
-
Business Vehicle & Equipment Finance
Interest rate
Upfront fee
Funding speed
7.29% p.a. fixed
$500
Varies
Link not supplied
Details Close
Interest rate
7.29% p.a. fixed
Upfront fee
$500
Ongoing fees
No Ongoing Fees
Late payment fee
$0.00
Transaction fee
not disclosed
Early repayment penalty
0
Other fees
Loan type
Loan
Security type
Secured
Minimum loan amount
$20,000
Maximum loan amount
$250,000
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
$75,000
Exit fee
not disclosed
Repayment frequency
Monthly
Repayment types
Principal & Interest
Card access
no
Redraw allowed
no
Extra repayments allowed
no
Other benefits
-
Other restrictions
-
QuickBiz Overdraft
Interest rate
Upfront fee
Funding speed
8.87% p.a. variable
1.75% service fee on approved limit
1 day
Link not supplied
Details Close
Interest rate
8.87% p.a. variable
Upfront fee
1.75% service fee on approved limit
Ongoing fees
Fees and charges apply
Late payment fee
$0.00
Transaction fee
not disclosed
Early repayment penalty
0
Other fees
Loan type
Overdraft
Security type
Unsecured
Minimum loan amount
$5,000
Maximum loan amount
$50,000
Minimum loan term
Maximum loan term
Funding speed
1 day
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
$75,000
Exit fee
not disclosed
Repayment frequency
n/a
Repayment types
n/a
Card access
yes
Redraw allowed
n/a
Extra repayments allowed
n/a
Other benefits
-
Other restrictions
Must link with a NAB business transaction account and is repayable on demand
Invoice Finance
Interest rate
Upfront fee
Funding speed
9.98% p.a.
On Application
Varies
Link not supplied
Details Close
Interest rate
9.98% p.a.
Upfront fee
On Application
Ongoing fees
On Application
Late payment fee
$0.00
Transaction fee
On Application
Early repayment penalty
$50
Other fees
Facility Fee on Application
Loan type
Line of Credit
Security type
Secured
Minimum loan amount
Maximum loan amount
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
1 year
Minimum annual turnover
$1,000,000
Exit fee
not disclosed
Repayment frequency
n/a
Repayment types
n/a
Card access
no
Redraw allowed
n/a
Extra repayments allowed
n/a
Other benefits
Funds up to 85% of the value of eligible invoices available.
Other restrictions
Available to businesses that provide goods and services within wholesale, manufacturing, transport, labour hire or other industries.
Flex-Flow
Interest rate
Upfront fee
Funding speed
0%
One-time loan fee is added to the loan at inception and forms part of the balance owing.
One busines day after signing a contract
Link not supplied
Details Close
Interest rate
0%
Upfront fee
One-time loan fee is added to the loan at inception and forms part of the balance owing.
Ongoing fees
None
Late payment fee
$0.00
Transaction fee
None
Early repayment penalty
Other fees
None
Loan type
Security type
Minimum loan amount
$2,000
Maximum loan amount
$125,000
Minimum loan term
Maximum loan term
Funding speed
One busines day after signing a contract
Application speed
As little as 20 minutes
Approval speed
Varies
Minimum trading period
1 year
Minimum annual turnover
$20,000
Exit fee
-
Repayment frequency
n/a
Repayment types
-
Card access
no
Redraw allowed
n/a
Extra repayments allowed
n/a
Other benefits
Repayments are a daily agreed percentage of merchant sales between 10% and 30%. At least 10% of the original loan value must be repaid every 90 days. Additional repayments may be made to pay down the loan faster.
Other restrictions
To be eligible for a NAB Flex-Flow Loan you must have been a NAB merchant with a NAB settlement account for a minimum of 12 months.
Portfolio Facility
Interest rate
Upfront fee
Funding speed
9.08% variable or choice of fixed options.
$0
Varies
Link not supplied
Details Close
Interest rate
9.08% variable or choice of fixed options.
Upfront fee
$0
Ongoing fees
$550 annual package fee
Late payment fee
Transaction fee
None
Early repayment penalty
Limit of $20,000 extra repayments during fixed rate period
Other fees
Loan type
Line of Credit
Security type
Residential Property Secured
Minimum loan amount
$1,000,000
Maximum loan amount
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
Varies
Exit fee
-
Repayment frequency
Monthly
Repayment types
Principal & Interest, Interest Only
Card access
yes
Redraw allowed
yes
Extra repayments allowed
yes
Other benefits
Package benefits includes no annual fees on up to 2 eligible NAB credit cards, NAB transaction fees and NAB ATM fees waived when accessing Facility through an ATM in Australia or overseas, 10% discount off standard premium on new NAB Car or Home Insurance
Other restrictions
-
Portfolio Facility
Interest rate
Upfront fee
Funding speed
9.18% variable or choice of fixed options.
$0
Varies
Link not supplied
Details Close
Interest rate
9.18% variable or choice of fixed options.
Upfront fee
$0
Ongoing fees
$550 annual package fee
Late payment fee
Transaction fee
None
Early repayment penalty
Limit of $20,000 extra repayments during fixed rate period
Other fees
Loan type
Line of Credit
Security type
Residential Property Secured
Minimum loan amount
$500,000
Maximum loan amount
$999,999
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
Varies
Exit fee
-
Repayment frequency
Monthly
Repayment types
Principal & Interest, Interest Only
Card access
yes
Redraw allowed
yes
Extra repayments allowed
yes
Other benefits
Package benefits includes no annual fees on up to 2 eligible NAB credit cards, NAB transaction fees and NAB ATM fees waived when accessing Facility through an ATM in Australia or overseas, 10% discount off standard premium on new NAB Car or Home Insurance
Other restrictions
-
Portfolio Facility
Interest rate
Upfront fee
Funding speed
9.28% variable or choice of fixed options.
$0
Varies
Link not supplied
Details Close
Interest rate
9.28% variable or choice of fixed options.
Upfront fee
$0
Ongoing fees
$550 annual package fee
Late payment fee
Transaction fee
None
Early repayment penalty
Limit of $20,000 extra repayments during fixed rate period
Other fees
Loan type
Line of Credit
Security type
Residential Property Secured
Minimum loan amount
$250,000
Maximum loan amount
$499,999
Minimum loan term
Maximum loan term
Funding speed
Varies
Application speed
Varies
Approval speed
Varies
Minimum trading period
Varies
Minimum annual turnover
Varies
Exit fee
-
Repayment frequency
Monthly
Repayment types
Principal & Interest, Interest Only
Card access
yes
Redraw allowed
yes
Extra repayments allowed
yes
Other benefits
Package benefits includes no annual fees on up to 2 eligible NAB credit cards, NAB transaction fees and NAB ATM fees waived when accessing Facility through an ATM in Australia or overseas, 10% discount off standard premium on new NAB Car or Home Insurance
Other restrictions
-
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Join the 35K+ subscribers who receive our weekly Moneyzone newsletter, showcasing the latest rate movements, exclusive deals, money-saving hacks, and expert insights from Mozo.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
Disclaimer
Who we are and how we get paid
Our goal at Mozo is to help you make smart financial decisions and our award-winning comparison tools and services are provided free of charge. As a marketplace business, we do earn money from advertising and this page features products with Go To Site links and/or other paid links where the provider pays us a fee if you go to their site from ours, or you take out a product with them. You do not pay any extra for using our service.
We are proud of the tools and information we provide and unlike some other comparison sites, we also include the option to search all the products in our database, regardless of whether we have a commercial relationship with the providers of those products or not.
'Sponsored', 'Hot deal' and 'Featured Product' labels denote products where the provider has paid to advertise more prominently.
'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.
Important information on terms, conditions and sub-limits
Terms, conditions, exclusions, limits and sub-limits may apply to any of the insurance products shown on the Mozo website. These terms, conditions, exclusions, limits and sub-limits could affect the level of benefits and cover available under any of the insurance products shown on the Mozo website. Please refer to the relevant Product Disclosure Statement and the Target Market Determination on the provider's website for further information before making any decisions about an insurance product.