A loan to cover your short term or long term business lending requirements. It can provide the capital injection to fund your business growth. You can choose from a number of components within the one loan to assist with interest rate risk management.
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Benefits
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- Tailoring - you can select from a range of components all of which give you more control over the interest rate you pay
- Assist with cash flow - interest charging cycles and interest charging dates can be aligned with your anticipated cash flow
- Saves Time - automated repricing means that you don't have to contact the NAB prior to each pricing period
- Convenience - your loan can commence on any business day
- Frees up your cash flow - No principal repayments are required until maturity. Interest is only paid at the end of each pricing period
- Simplicity - interest only payments are automatically debited to your NAB nominated business account
- Versatility - option to include a contracted principal repayment program
- Accessibility - NAB Internet and Telephone banking access available. Access to your NAB Business Banker and Business Markets management team
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Features
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- Pricing periods of monthly, quarterly, half yearly and annually available as well as the ability for the pricing periods to be customised to suit your cash flow
- Fully automated loan drawdown, repayment and repricing
- A range of derivative components are available to cater for interest rate risk management
- Repayment cycles & repayment dates can be customised to suit your cash flow
- Interest paid in arrears
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Terms and conditions available on application. Fees and charges are payable. Normal lending criteria apply.
More information
Call 13 10 12
Mon-Fri: 7am-9pm
Sat-Sun: 8am-6pm
(AEST/AEDT)
Contact a banker
Locate your nearest NAB Business Banker.
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