What is a NAB quickbiz loan?

NAB Quickbiz is an unsecured business loan that doesn't require you to provide physical assets or property for security. Instead, your loan application is assessed on the strength of your business cashflow and your ability to service the loan. Apply online for an instant decision and access fund in one business day.

NAB QuickBiz Loan features

  • An unsecured business loan of up to $250k for existing customers and up to $100k for new customers2

  • Fixed principle and interest repayments over 12, 24, or 36 months

  • A competitive rate and no upfront or ongoing fee (economic costs may apply).

  • Interest calculated daily and only calculated on your remaining loan balance.

Eligibility for NAB QuickBiz Loan

  • A sole trader, a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust

  • Registered for GST, turnover of at least $75K per year, and operated under your current registered ABN/ACN for more than 12 months.

  • Have 12 months of reconciled business financial data from your accounting package

  • You'll also need to be at least 18 and a permanent Australian resident

Benefits of an unsecured business loan

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Same day business loans. If approved, access your funds within one business day of receiving your signed contract.3

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Certainty of fixed repayments

One monthly principal and interest repayment to help you grow your business.

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Our easy, unsecured business loan means the strength of your business performance and your track record are all you need to apply.

Quickbiz loan rates and fees

  • 10.95 %p.a.

    Fixed interest rate1

  • $0

    Upfront or ongoing fees

  • $5k-$250k

    Borrow between


We get to know you

A NAB QuickBiz Loan recognises the strength of your business to help you access funds sooner. 

We’ll review your cash flow, credit score and time in business to help us make a decision.

As an unsecured business loan, we also don't require your assets (such as your house) as a security, making the application easy and simple. 

Is this the right loan for you?

Before applying for a loan, it’s important to make sure you choose the right one for your business needs. Take a look at how our NAB QuickBiz Loan compares to the NAB Business Recovery Loan. Learn more about NAB Business Recovery Loans4.

Table of loan rates

NAB Quickbiz Loan

NAB Business Recovery Loan


NAB Quickbiz Loan

Not required

NAB Business Recovery Loan

Not required for applications up to $250,000


NAB Quickbiz Loan

Up to 3 years

NAB Business Recovery Loan

10 years

Maximum loan amount

NAB Quickbiz Loan

Up to $250,000

NAB Business Recovery Loan

Up to $5,000,0005

Product range

NAB Quickbiz Loan

Term Facility

NAB Business Recovery Loan

Term Facility


NAB Quickbiz Loan

Principal and interest

NAB Business Recovery Loan

Principal and interest

Repayment deferral period

NAB Quickbiz Loan


NAB Business Recovery Loan

Up to 24 months6

Variable rate

NAB Quickbiz Loan


NAB Business Recovery Loan

3.95% p.a.7

Fixed rate

NAB Quickbiz Loan


NAB Business Recovery Loan


Time to decision

NAB Quickbiz Loan

Conditional decision within 20 minutes

NAB Business Recovery Loan

Subject to individual applications

Time to funds

NAB Quickbiz Loan

Within 1 business day (from receipt of your signed contract)

NAB Business Recovery Loan

Subject to individual applications

Applying for a Quickbiz loan

  • Step 1

    Apply online now.

  • Step 2

    Have your ABN/ACN details handy as well as your NAB account number if you are already a customer.

  • Step 3

    If you use an accounting package like XERO, MYOB or QuickBooks, you can link your data. 

  • Step 4

    If approved, access the funds one business day after we receive all your signed paperwork.*

Get started with your new NAB QuickBiz Loan

Other options for your business

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NAB QuickBiz Overdraft

Manage your cash flow and unexpected expenses with an unsecured business overdraft on your transaction account, up to $50K.

Woman working on Laptop

NAB Business Options Loan

An easy to understand business loan up to $1m, ideal to help give your business a boost in the medium to long term.

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Vehicle and equipment finance

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

NAB QuickBiz Loan tools and calculators

Before you apply, see what you can afford to borrow and repay with our helpful tools and calculators.

QuickBiz Loan repayment calculator

Use our Quickbiz Repayment Calculator to estimate your monthly repayments.

QuickBiz product selector tool

Use our QuickBiz product selector tool to help you choose the right finance for your business.

Frequently asked questions

Can you get a business loan instantly?

All business loans, secured and unsecured take time to process. The best way to make this process as easy and quick as possible is to submit all the required information.

With a NAB Quickbiz Loan you can access funds in one business day upon receipt of signed contracts3.

Learn more about applying for business finance to be familiar with the application process. Or visit the Australian governments guide on how to apply for a business loan.

What is the difference between a secured and unsecured loan?

A small business loan can be either secured or unsecured. The main difference between a secured loan and an unsecured loan is whether the lender requires security, which can come in the form of a business’s property, inventory, accounts receivables or other assets. Review the key differences between these two loan types to find which small business loan is right for you.

If you haven't found what you're looking for, visit our FAQs

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