10.95 % p.a.
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
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
Apply online
Grow your business with NAB QuickBiz
Apply online
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
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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.