Interest rate
0.0% p.a. No interest is charged on this facility
Security type
Upfront fee
One-time loan fee is added to the loan at inception and forms part of the balance owing.

Details

Rates and fees information correct as at 28 April 2024. 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

n/a

0% p.a.No interest is charged on this facility

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

One-time loan fee is added to the loan at inception and forms part of the balance owing.

None

$0.00

n/a

n/a

None

Features

n/a

none

n/a

n/a

no

no

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.

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.

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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