Special Offer

Enjoy a 3 year discounted fixed rate of 2.45%^P.A.

  • Apply by 31 October 2021 to have the certainty of fixed repayments

  • Borrow from $20,000 to $1,000,000

  • You must hold a NAB business transaction account before 31 October 2021.​ See Important information below for full eligibility.

Getting Started with a NAB Business Options Loan

A NAB Business Options Loan is a simple loan suitable for SMEs, including sole traders, partnerships, trusts and registered companies. If you're looking to make your next purchase, or fund growth, we want to make the process easy. Apply online today and have a NAB business banking specialist contact you.

Here's what you get

  • The ability to borrow from $20,000

  • A straightforward monthly service fee

  • Loan terms up to 30 years available* (subject to qualifying criteria)

  • Special all-up 3-year fixed rate of 2.45%^ p.a. (subject to eligibility criteria)


  • The choice of principal and interest, interest only, or a combination of the two when choosing your repayment type

  • Redraw extra funds you’ve paid into your loan if you’re on a variable interest rate

  • Repayment cycles to suit your business needs, with monthly, quarterly, half-yearly or annual options available

  • Ability to lock in a great low rate providing price certainty for interest and repayments throughout the fixed period


• Borrow up to $2 million with our fast-tracked application process#;

• With loans secured up to 80% by commercial property value or up to 100% by residential property value~

• Add a home loan with 12 months management figures

Speak with your banker today.

Benefits for your business


Flexible interest rate options help match your business needs.


Great for purchasing an existing business, funding expansion or investing to grow.


Monthly, quarterly, half-yearly or annual repayment cycles available.

Standard rates and fees

Rates and fees will depend on your individual circumstances.

Variable rates are comprised of the Business Options Prime Indicator Rate plus or minus a personalised lending margin.

Our current Business Options Prime Indicator Rate is available on our business lending indicator rates page.

Feature comparison

Feature comparison

Variable rate

Fixed rate 

Features: Variable

  • Make additional repayments and reduce the interest paid over the life of the loan
  • Redraw additional repayments if you’ve paid ahead and need the cashflow


Fixed rate 

Features: Fixed

  • Lock in your rate for a period to help plan cash flow and protect against rate rises
  • During the fixed rate period, your rate won’t change
  • Your rate will automatically switch to a variable rate at the end of the fixed rate period
  • Additional repayments and redraw are not permitted during the fixed rate period

Features: Business Options Loan – Principal and Interest (Both Fixed and Variable)

  • Tailor repayments to your cash flow with monthly, quarterly, half-yearly or annual options available
  • Loan terms up to 30 years available*
  • Combine with an Interest Only period to help manage your cash flow

Features: Business Options Loan - Interest Only

  • Free up cash flow by paying only interest during the loan term
  • Repay the balance of the loan at the end of the term
  • Option to choose a fixed interest rate for a period to help plan your cash flow and protect against rate rises
  • Option to pay fixed rate interest in advance, giving you the certainty to plan and time your cash flow
  • Loan terms up to 5 years available

What to consider before applying

  • Loan purpose and amount – make sure you’ve considered your financial position and know how much you need to borrow, but more importantly, how much you’ll be able to repay.
  • Security – we’ll need to secure your loan using property or some other asset. Make sure you have the details of your security handy when completing the application.
  • Credit check – we’ll ask for your consent to perform a credit check as part of the online application.
  • Banking history – if you’re an existing customer, providing details of a NAB business account may enable us to streamline your application and provide a quicker decision.
  • Documentssee what documents you’ll need to apply.

Once you’ve submitted your online application, we’ll call you within one to two business days with a decision or to discuss your application further.

If you don’t want to apply online or want to know more:

  • contact your NAB Business Banker
  • call us on 13 10 12 from 8am to 8pm Monday to Friday, or 9am to 6pm on weekends (AEST/AEDT)
  • request a call back.

Get started with your new NAB Business Options Loan

Other options for your business

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NAB QuickBiz Loan

Access up to $250,000 in one business day with an unsecured business loan so you can focus on growing, running and investing in your business. View disclaimer 1

NAB Business Recovery Loans

Interested in an SME Recovery Scheme Loan of up to $5 million?

Vehicle and equipment finance

Find the right finance solution for your vehicle and equipment needs.

Important information

* Terms of up to 30 years

Terms of up to 30 years are available subject to qualifying criteria.

^ Additional eligibility requirements for special fixed rate of 2.45% p.a. offer:

  • Borrow from $20,000 to $1,000,000.
  • Suitable security must be provided.
  • Application fees apply (available upon application).
  • Your total business lending with NAB (existing and any new or refinanced lending under the offer) must be no more than $1 million.
  • You must hold a NAB business transaction account before 31 October 2021 (NAB business transaction account may be opened concurrently with NAB Business Options Loan).
  • The offer is available for new lending only (includes refinance from other financial institutions and new lending to existing customers).
  • The offer is not available to self-managed super funds or for commercial property investment or development.
  • The offer is available from 30 April 2021 until 31 October 2021. NAB may vary or end this offer at any time without notice. To be eligible for the offer, an application must be submitted during the period that the offer is available and then approved and drawn down within the time period set out in the applicant’s loan offer.
  • The offer cannot be used in connection with or in addition to any other discounts, promotions or rebates offered by NAB.
  • The NAB Business Options Loan is only available to approved business applicants. The loan must be used for business purposes only. All applications are subject to the NAB’s lending criteria and credit approval processes. Complete loan terms and conditions are available on application and will be included in the letter of offer should your application be successful. Bank fees and charges may apply (available upon application).

Economic cost and fees may apply if you swap from a fixed to a variable interest rate before the end of a fixed rate period, or if you make additional repayments during a fixed rate period.

Lending criteria and terms and conditions apply (available on application).

#The fast-tracked application process is only available for new lending of up to $2m on a new NAB Business Options Loan (includes refinance from other financial institutions and new lending to existing customers). There is no guarantee that your application will follow the fast-tracked application process. Your application may follow a slower process if, for example, your application is complex, you operate in a high risk industry or, as part of your application, NAB requires you to provide additional information.

~Not available for certain industries, loan purposes, transaction and security types including commercial property investment or development security (owner occupied allowed); Self-Managed Superannuation Fund and Land Banking; Rural property freehold; and Clearing ATO arrears. Certain restrictions apply to Home Lending as a joint application. Information correct as at 23 July 2021 and subject to change.

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