NAB QuickBiz

Unsecured business loans

Access up to $250,000² in one business day with an unsecured small business loan so you can focus on growing and investing in your business. Apply online today.³

Apply now

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

Find out more about Quickbiz Loan eligibility.

Speed

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

Certainty of fixed repayments

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

Convenience

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

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
Security	NAB Quickbiz Loan Not required	NAB Business Recovery Loan Not required for applications up to $250,000
Term	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
Repayments	NAB Quickbiz Loan Principal and interest	NAB Business Recovery Loan Principal and interest
Repayment deferral period	NAB Quickbiz Loan N/A	NAB Business Recovery Loan Up to 24 months⁶
Variable rate	NAB Quickbiz Loan N/A	NAB Business Recovery Loan 3.95% p.a.⁷
Fixed rate	NAB Quickbiz Loan 10.95%	NAB Business Recovery Loan N/A
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

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

Apply now

NAB QuickBiz Overdraft

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

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.

Vehicle and equipment finance

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

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.

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

Find out more

Understanding and managing your cash flow

Learn how to understand your cash cycles and set cash goals.

Man and woman are standing in the balcony

Secured vs unsecured loans: what’s the difference?

Understanding the difference between secured and unsecured lending.

Applying for business finance? Here's what you need

Four documents you'll need for your finance application.

Important information

¹ NAB QuickBiz Loan Fixed Rate Offer

The rate is available for new NAB QuickBiz Loans with fixed repayments over 12, 24, or 36 months
The NAB QuickBiz Loan is only available to approved NAB business customers. 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 will be outlined in the letter of offer should your application be successful.

²Loans from $100,000 — $250000 are available for eligible existing customers only. Lending criteria applies.

³For the NAB QuickBiz Loan and NAB QuickBiz Overdraft, funds will be provided within one business day upon receipt of signed contracts. Business days are Monday to Friday, excluding weekends and VIC public holidays. Lending criteria and terms and conditions apply (available on application).

⁴ The NAB Business Recovery Loan is available to approved NAB business customers, subject to NAB eligibility and lending criteria. Terms and conditions, restrictions and exclusions apply. Please see NAB Business Recovery Loans for details.

The following additional restrictions and exclusions apply:

The aggregated loan limits of all other Australian Government SME Recovery Loan Scheme backed loans, including from lenders other than NAB, cannot exceed $5 million.
Borrowers must have had turnover of less than $250 million in the last financial year, or likely annual turnover of less than $250 million in this financial year or the next financial year.
Security over residential property cannot be taken to support these loans.
Refinance of existing business debts will be permitted subject to the restrictions in the SME Recovery Loan Scheme Rules which are available on the Australian Government Treasury's website.
Self-managed super funds are excluded.

⁵ You can apply for a secured business loan of up to $5 million, with security options including a mortgage over commercial real estate, or other security suitable to NAB. Residential property cannot be used to secure this type of loan.

⁶ You can request a shorter repayment deferral. You can apply for a repayment deferral of up to 24 months subject to NAB’s discretion. It’s important to understand that by deferring your repayments, you'll pay more interest than if principal and interest repayments were made from the start of your loan (your loan commencement). Once your deferral period ends, your loan balance will include the original loan amount, plus the interest that’s accumulated during your repayment deferral.

You can still make repayments during the deferral period. If you do, this will reduce the interest you’ll be charged.

⁷ Interest rates are current as of 30 September 2021 and subject to change.

NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products. These products are issued by National Australia Bank Ltd ABN 12 004 044 937.

Latest offers

Unsecured business loans

What is a NAB quickbiz loan?

NAB QuickBiz Loan features

Eligibility for NAB QuickBiz Loan