Benefits of this loan

See how a NAB QuickBiz Loan could benefit your business. If you're an existing business customer, you can borrow up to $250,000 and if you're new to NAB, up to $100,000.

Easy online application and instant decision

Quick online application and approval process so you can focus on your business. Apply online today and receive an instant decision.

Fast access to funds

Existing NAB customers can log into internet banking and access funds instantly if approved.  New to NAB customers will have access to funds within one business day from the receipt of signed contract.

No assets for security

The strength of your business performance and your track record is all you need to apply - no physical assets are required for our unsecured loan.

Rates and fees

Check out the rates and fees for the NAB QuickBiz Loan.

Fixed interest rate

10.95 % p.a.


Upfront and ongoing fees

$ 0

Minimum loan amount

$5,000

Maximum loan amount

$250,000

 

Specialised A no-frills business loan to help you invest in growth opportunities

  • Grow or expand your business

  • Manage unexpected business expenses

  • Purchase inventory

  • Increase working capital

  • Pay for marketing and advertising

  • Renovate your workplace

Apply online
Grow your business with NAB QuickBiz

Step 1. Check your eligibility

You’re eligible to apply online if your business is registered for GST, has an active ABN and an annual turnover of $75,000 or more. 

Step 2. Apply online in 15 minutes

Apply online in as little as 15 minutes and get an instant decision. Log into NAB Internet Banking to apply or use our easy online application form.

Step 3. Receive your finance

Once we receive your signed documents, you'll receive your finance. For existing NAB business customers you can draw down on funds instantly where eligible , and new NAB customers can access funds in one business day.

Compare our unsecured and SME business loans

Before applying for a loan, it’s important to check that it’s the right one for you and your business needs. Take a look at how our NAB QuickBiz Loan compares to our NAB Business Recovery Loan.

  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
Max loan amount
NAB QuickBiz Loan
Up to $250,000 for existing customers
NAB Business Recovery Loan
Up to $5,000,000
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
Deferral
NAB QuickBiz Loan
N/A
NAB Business Recovery Loan
Up to 24 months
Variable rate
NAB QuickBiz Loan
N/A
NAB Business Recovery Loan
4.50% p.a.
Fixed rate
NAB QuickBiz Loan
10.95% p.a.
NAB Business Recovery Loan
N/A
Time to decision
NAB QuickBiz Loan
Instant decision
NAB Business Recovery Loan
Subject to individual application
Time to funds
NAB QuickBiz Loan
Within 1 business day (from receipt of your signed contract)
NAB Business Recovery Loan
Subject to individual application

Tools and calculators

Use our handy tools to help you understand what you can afford to borrow and repay.

Other options to consider

Here are a few other business loan options that might suit your business needs.

Contact us

Request a call back

Let us help you with your business banking needs.

Call us

Call us for your general enquiries about business banking.

Visit a NAB branch

Use our locations tool to find business banking services.

Terms and Conditions

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 Limited ABN 12 004 044 937.

Business Banking Fees – A guide to fees and charges

Rates, fees and charges