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NAB Business Options

Advertiser disclosure

The details shown below are for the Business Options Special Offer with a minimum amount of $20,000 and a maximum amount of $1,000,000

The details shown below are for the Business Options (<$350k) with a minimum amount of $20,000 and a maximum amount of $350,000

The details shown below are for the Business Options (>$350k) with a minimum amount of $350,001 and a maximum amount of $1,000,000

Choose the version of this loan that suits you best

  • Loan: $20,000 $1,000,000

  • Loan: $20,000 $350,000

  • Loan: $350,001 $1,000,000

Interest rate
2.95% p.a. 2.95% Special Offer Business Options Rate
Security type
Secured
Upfront fee
Available on Application
Interest rate
4.5% p.a. Business Options Prime Rate
Security type
not disclosed
Upfront fee
Negotiable
Interest rate
4.0% p.a. Business Options Prime Rate
Security type
not disclosed
Upfront fee
Negotiable

Details

Rates and fees information correct as at 23 November 2020. 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

  • 2.95% p.a.2.95% Special Offer Business Options Rate

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • Available on Application

  • Fees and charges apply

  • n/a

  • Available on application

  • Available on application

  • Available on application

Features
  • Monthly, Quarterly, Half-yearly, Annually

  • Principal & Interest, Interest Only

  • yes (free for variable)

  • yes (variable only)

  • no

  • no

  • none

  • Offer available until 18 December 2020. Must be linked to a NAB business transaction account. Not available to self managed super funds or for commercial property investment or development.

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.

Details

Rates and fees information correct as at 23 November 2020. 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

  • 4.50% 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.

Details

Rates and fees information correct as at 23 November 2020. 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

  • 4.00% 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.

Customer Reviews

This product is not currently reviewed.

NAB

About NAB

See NAB business loans

Heritage Bank

Heritage Bank

Fully Drawn Loan

2.95% p.a. variable

Negotiable

Varies

Timelio

Timelio

Invoice Finance

On Application

$0.00

24 hours

Prospa

Prospa

Business Loan

Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.

3%

from 24 hours

ScotPac

ScotPac

Debtor Finance

from 6.00% p.a.

On Application

from 24 hours

Business Fuel

Business Fuel

Business Loan

On Application

$0.00

48 Hours

Heritage Bank

Heritage Bank

Line of Credit

3.75% p.a. variable

Negotiable

Varies

Octet

Octet

Invoice Finance

from 6% p.a.

On Application

from 24 hours

Moula

Moula

Business Loan

from 15.00% p.a.

2.00%

24 Hours

OnDeck

OnDeck

Business Loan

On Application

3.00%

from 24 Hours

Business Fuel

Business Fuel

Business Loan

On Application

$0.00

48 Hours

ScotPac

ScotPac

Debtor Finance

from 6.00% p.a.

On Application

from 24 hours

Prospa

Prospa

Business Loan

Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.

3%

from 24 hours

Octet

Octet

Invoice Finance

from 6% p.a.

On Application

from 24 hours

Octet

Octet

Trade Finance

from 6% p.a.

On Application

2 days

Moula

Moula

Business Loan

from 15.00% p.a.

2.00%

24 Hours

Timelio

Timelio

Invoice Finance

On Application

$0.00

24 hours

OnDeck

OnDeck

Business Loan

On Application

3.00%

from 24 Hours

Business Fuel

Business Fuel

Business Loan

On Application

$0.00

48 Hours

ScotPac

ScotPac

Debtor Finance

from 6.00% p.a.

On Application

from 24 hours

Prospa

Prospa

Business Loan

Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.

3%

from 24 hours

Octet

Octet

Invoice Finance

from 6% p.a.

On Application

from 24 hours

Octet

Octet

Trade Finance

from 6% p.a.

On Application

2 days

Moula

Moula

Business Loan

from 15.00% p.a.

2.00%

24 Hours

Timelio

Timelio

Invoice Finance

On Application

$0.00

24 hours

OnDeck

OnDeck

Business Loan

On Application

3.00%

from 24 Hours

Business Fuel

Business Fuel

Business Loan

On Application

$0.00

48 Hours

ScotPac

ScotPac

Debtor Finance

from 6.00% p.a.

On Application

from 24 hours

Prospa

Prospa

Business Loan

Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.

3%

from 24 hours

Octet

Octet

Invoice Finance

from 6% p.a.

On Application

from 24 hours

Octet

Octet

Trade Finance

from 6% p.a.

On Application

2 days

Moula

Moula

Business Loan

from 15.00% p.a.

2.00%

24 Hours

Timelio

Timelio

Invoice Finance

On Application

$0.00

24 hours