Borrow up to $50k, unsecured – apply online in three easy steps

    Simple and easy online application

    Provide some basic personal and business information to get started

    Quick decision

    Link 12 months of financial information and we'll give you a decision within 60 seconds

    Receive your funds

    Once we receive your completed contracts, we'll deposit the funds into your account within three business days

    NAB QuickBiz Loan

    Want to grow your business? Do you want to take advantage of an opportunity? Keen to fund your expansion plans?

    NAB QuickBiz Loan is a finance option that looks beyond your bricks and mortar security to recognise the strength of your business.

    Benefits and features

    NAB QuickBiz Loan details

    Simple online application that can be completed in as little as 5 minutes

    Fast online decision

    Money in your account within three business days of receiving your completed contract

    Loans from $5K to $50K

    Fixed rate of 13.85% p.a. with no upfront or ongoing fees (Interest is calculated based on your remaining balance)

    Monthly principal and interest repayments

    Fixed loan term of 12 or 24 months

    Connect to your online accounting package or upload your financial data

    Eligibility checklist

    You need to be a Sole Trader, Partnership with up to 2 partners or Company with up to 2 directors

    Your business must have been in operation for at least 12 months and have a valid Australian Business Number (ABN)

    You need to be at least 18 years old and hold an Australian citizenship or permanent residency

    Your business and residential address must be in Australia

    Link your accounting data

    Connect to your Xero or MYOB Essentials accounting package through our secure application for quicker assessment of your financials

    File upload available for MYOB AccountRight and MYOB AccountEdge

    For help with generating your financial reports, visit our MYOB help guide or our Xero help guide.

    Apply for a NAB QuickBiz Loan

    What do I need to apply?

    Your business details (ABN or ACN)

    ID information if you're a new NAB customer (passport, driver licence, Medicare card)

    Other director, partner and shareholder details (if applicable)

    12 months of financial data from your Xero or MYOB accounting package

    Your business trading account details (including where you make your ATO payments)

    Your accounting package login details (if you have one)

    Visit our NAB QuickBiz loan application support page for more information on what you’ll need to complete your QuickBiz Loan application.

    Need more than $50,000?

    Important information

    This loan is available only as fixed interest rate principal and interest loan for a 12 or 24 month term with monthly repayments at a rate of 13.85% per annum. Variable rate loan and interest only loans are not available. Economic costs may be payable if you terminate early. If this does not work for you, we have other loan options that may better suit your needs.

    You can only receive funds from one approved NAB QuickBiz Loan every 90 days.

    Fast online decision is subject to credit assessment and ID verification

    This loan is only available for loans which are wholly or predominately for business purposes. This loan cannot be used to make payments to the Australian Tax Office.

    Your business must have been in operation for at least 12 months and have a valid Australian Business Number (ABN).

    You need to be at least 18 years or older to apply and hold an Australian citizenship or permanent residency.

    This loan is only available for sole traders, business partnerships with 2 or less individual partners, and companies with 2 or less directors borrowing in their own right. It is not available for joint borrowers who are not partnerships, or partnerships where one or more partner is a company. It is not available if you are borrowing as trustee of a trust.

    Any shareholders of companies listed in the application must be individuals, and not companies.

    If you are an existing NAB Customer, you must have operated all accounts in accordance with the terms of those accounts.

    If you are an existing NAB Customer, you can only apply for this loan if you have less than $1m in existing business lending and less than $100k in unsecured business lending with NAB (inclusive of this application).

    You must have an Australian bank account, in the same name as your business, to receive your funds.

    NAB may have other options which suit your business better if you do not meet the conditions for this loan. You can contact us 13 10 12 to discuss.