NAB logo

NAB Business Options

Advertiser disclosure
Interest rate
4.85% p.a. Business Options Prime Rate
Security type
not disclosed
Upfront fee
Negotiable

Details

Rates and fees information correct as at 9 August 2022. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

variable

4.85% p.a.Business Options Prime Rate

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

Negotiable

Fees and charges apply

$0.00

not disclosed

0

not disclosed

Features

monthly, quarterly, half-yearly, annually

Interest only for loan term, principal and interest

yes (free for variable)

yes (variable only)

no

no

A variable rate loan can be switched to fixed rate at any time at no cost.

Progressive drawdown fee $60 per drawing

Example cost figure provides indicative minimum total repayments over 6 months on a $10,000 loan. Actual costs will vary depending on individual risk score as assessed by the lender.

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