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Suited to businesses that need a capital injection to fund business growth or cash flow requirements but want to fund this on the strength of their business sales.
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| Benefits |
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Funds access - borrow money based on the strength of your business sales
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Flexibility - helping you manage seasonal and day-to-day fluctuations in cash flow
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Convenience - ability to gain access to funds when you need it against issued invoices.
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Limit - as your business grows and your debtors grow so does your facility
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Accessibility - transfer funds from your NAB Debtor Finance account into your working account via NAB Online Business and NAB Online Corporate, or by written instruction
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| Features |
- Credit limit based on business sales not mortgage based fixed asset lending
- Withdrawals can be made from your NAB Debtor Finance account up to your daily available limit. Your daily available limit will automatically increase and decrease depending on the level of your credit sales and debtor collections.
- No account keeping fee
- No line service fee
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1. NAB’s usual lending criteria apply.
2. A higher margin applies to any amount in excess of your limit.
Related options:
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