NAB Business Options Combination Loan

If you're looking for a capital injection to fund business growth, expansion or for any other worthwhile business purposes, a NAB Business Options Combination Loan may provide you with the flexibility, simplicity and benefits that you need.
  • Apply online
  • Call 13 10 12
  • Contact your NAB Business Banker
Benefits
  • Flexibility - the ability to swap from a variable interest rate to fixed interest rate and vice versa during the term of the loan.1
  • Tailoring to match your cash flow -interest charging cycles, interest charging dates, repayment cycles and repayment dates aligned with your anticipated cash flow.
  • Convenience - ability to make alterations to your loan to accommodate your changing business circumstances.2
  • Simplicity - loan repayments can be automatically debited from your NAB nominated business account.
  • Accessibility - NAB Internet and Telephone banking access available. Access to your NAB Business Banker.
Features
  • Your loan can swap between fixed and variable interest rates. At the end of any fixed rate interest period, the loan will switch to a variable interest rate unless you choose to re-fix it for another fixed rate period.
  • Interest and repayment cycles can be set (monthly, quarterly, half yearly and annually) in line with your cash flow.
  • Redraw and progressive draw down options are available whilst the interest rate is variable.
  • Additional repayments can be made during variable rate periods without attracting fees and charges.

1A variable rate loan can be switched to fixed rate at any time at no cost. When swapping from a fixed rate to a variable rate the relevant fixed rate period must have expired first, otherwise fees and charges may apply.

2 Alteration can be made to the interest rate, interest charging cycles, interest charging dates, repayment cycles and repayment dates subject to the terms & conditions of your loan.

Terms and conditions available on application. Fees and charges are payable. Normal lending criteria apply.

Related options:
NAB Business Options Interest Only Loan (Fixed Rate Interest in Advance)
NAB Business Options Interest Only Loan (Interest in Arrears)
NAB Business Options Instalment Loan
NAB Market Rate Facility