NAB Farmer's Choice Package
NAB Farmer's Choice has been specifically designed for rural producers. It ensures you have enough flexibility to deliver the financing requirements your farm business needs.
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Benefits
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- Tailoring - Provides a complete banking package that covers your lending and transactional requirements. There is a range of loans available, a choice of repayment options (such as interest only repayments or principal and interest repayments) and loan terms that can be tailored to suit your anticipated seasonal income.
- Flexibility - The ability to select loans with variable or fixed interest rates, or a combination of both.
- Adaptability - The ability to reborrow up to an agreed limit.
- Simplicity - Repayments can be automatically debited from your NAB Farm Management Account or NAB Farm Management Account Overdraft.
- Accessibility - NAB Internet and Telephone banking access to the accounts and loans within your package. Access to your NAB Agribusiness banker.
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| Features |
- A range of loans and financing options available.
- The availability of longer loan terms to assist with your farm planning.
- Interest and repayment cycles can be structured monthly, quarterly half-yearly or annually in line with your anticipated farm 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.
- Easy access to account balances, account history etc available 24 hours a day, 7 days per week via our electronic channels.
- Your NAB Agribusiness Manager will individually tailor your NAB Farmers Choice Package to best suit your needs.
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More information
Over 580 Agribusiness Specialists Australia wide.
Farmers Choice Package must include either a NAB Farm Management Account or NAB Farm Management Account Overdraft. Terms and conditions available on application. Fees and charges are payable. Normal lending criteria apply.