Your Xero account makes it easy for you to apply for

  • An unsecured business loan of up to $100K

  • An unsecured overdraft with a linked NAB Business Transaction account

  • Finance for your business vehicle or equipment of up to $150K

  • Our range of business credit cards

Businesses that can apply

  • Use Xero accounting software, and have 12 months of business financial data in your Xero account

  • A valid ABN/ACN registered for at least 12 months and registered for GST

  • Have an annual turnover of at least $100K

  • Be a sole trader, partnership (up to two), company with up to five directors, or a trustee of an eligible trust†

  • Be over 18 years old and an Australian citizen or permanent resident.

nab & xero

Easy

Your application can be completed in as little as 15-20 minutes.

Instant

Receive an instant decision when you link your Xero data.

Options

A range of business finance options such as loans, overdrafts and cards.

Find the right option

with NAB lending solutions

Fast, unsecured business lending made easy, giving you access to funds to grow, run and invest in your business.

12.95
% p.a.

Fixed rate

  • Access to approved funds in 1 business day from receiving your signed documents
  • Fixed competitive monthly principal and interest repayments so you can budget more
  • 12, 24, 36 month loan terms giving you the flexibility you need

Easily manage peaks and troughs in your cash flow with an overdraft on your transaction account.

14.25
% p.a.

Variable rate on what you've used

1.75
% p.a.

Service fee on approved limit

  • Access to approved funds in 1 business day from receiving your signed documents
  • Only pay interest on what you use
  • An extension of your NAB business transaction account

Buy vehicles or equipment for your business with no deposit and no bricks and mortar security required.

5.49
% p.a.

online fixed rate for cars, utes and vans with no balloon View disclaimer 1

$ 500

upfront fees View disclaimer 2

$ 0

ongoing monthly fees

  • $0 deposit on loans approved online up to $150K
  • We can pay the vehicle or equipment supplier invoice within 1 day of receiving your signed documents
  • 1-5 year loan for new equipment, 1-3 year loan for used equipment

Get more from your business purchases and maximise your Qantas Points.

$ 295

Annual card fee

18.50
% p.a.

Purchase interest rate

$ 5K

minimum facility credit limit

BONUS QANTAS POINTS OFFER
  • 100,000 BONUS QANTAS POINTS when you spend $4,000 on everyday business purchases within 60 days of account opening. View disclaimer *
  • NAB may vary or end this offer at any time without notice. See important  information below.

Simple, fast access to funds

Get rolling online for an instant answer

  • Step 1 Apply online in as little as 15-20 minutes.
  • Step 2 Have your ABN/ACN details handy as well as your NAB account number if you're already a customer.
  • Step 3 Link your Xero data for an instant answer.
  • Step 4 Receive your funds in 1 to 3 business days^^ of returning the contracts. For Vehicle & Equipment Loans NAB pays the supplier directly. It's that easy.

Meet Dave

Here's how he uses his quickbiz finance

Growing a small business is a delicate balancing act.

See how ply creative’s Dave Prince shares how this small agency grew while managing clients and not compromising cash flow.

Help me choose the right NAB business finance option

Answer a few simple questions to see which finance option is best for your business needs.

NAB & Xero

partnering to support your business

Important Information

*Qantas Rewards Special offer

Offer commenced on 8 October 2018. Bonus points - To be eligible for the Bonus points offer, you must apply for a new NAB Qantas Business Signature Card, before the offer is withdrawn, be approved and spend $4,000 on everyday business purchases within 60 days of account opening. NAB may vary or end this offer at any time. Everyday business purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes. The bonus points allocation of 100,000 Qantas Points will be credited to a Nominated Points Earner's Qantas Frequent Flyer account within 3 months of meeting the $4,000 everyday business purchases spend criteria. Bonus points offer not available in conjunction with any other new business credit card offer or where you currently hold or have closed a NAB business credit card which included a special offer within the previous twelve months. Offer is not available when closing/transferring from another NAB business credit card account or in conjunction with any other NAB offer.

^^Funds in 1 to 3 business days

For the NAB QuickBiz Loan and NAB QuickBiz Overdraft, funds will be provided within 1 business day upon receipt of signed contracts. For the NAB Vehicle & Equipment loan, funds can be paid to the dealer within 1 business days upon receipt of signed contracts. Private sales may require extra time. Business days are Monday to Friday, excluding weekends and VIC public holidays.

All NAB QuickBiz finance options are subject to credit assessment and approval

For the NAB QuickBiz Loan and NAB QuickBiz Overdraft, funds will be provided within 1 business day upon receipt of signed contracts. For the NAB Vehicle & Equipment loan, funds can be paid to the dealer within 1 business days upon receipt of signed contracts. Private sales may require extra time. Business days are Monday to Friday, excluding weekends and VIC public holidays.

Instant answer online and funding subject to credit assessment and verifications.

This loan is only available for loans which are wholly or predominantly for business purposes. This loan cannot be used to make payments to the Australian Tax Office.

Your business must have been in operation for at least 12 months and have a valid Australian Business Number (ABN).

You need to be at least 18 years or older to apply and hold Australian citizenship or permanent residency.

Your business and residential address must be in Australia.

This loan is only available for sole traders, business partnerships with 2 or less individual partners, companies with 5 or less directors borrowing in their own right or an eligible discretionary trust. It is not available for joint borrowers who are not partnerships, or partnerships where one or more partner is a company.

†Eligible trusts include the following:

  • your trust must be a non-government discretionary trust
  • your trust has a valid Australian Business Number (ABN) and has been registered for at least 12 months
  • your trust must have been established in Australia
  • the beneficiaries of your trust are individuals
  • your trustees can only be one of:
    • a company with no more than five directors
    • up to two individuals
  • if the trustee is a company, shares in the company must be beneficially held.

Any shareholders of companies listed in the application must be individuals, and not companies.

If you are an existing NAB customer, you must have operated all accounts in accordance with the terms of those accounts.

Your business must be registered for GST and have a turnover of at least $100,000 p.a.

If you have an existing NAB Business Credit Card or a NAB QuickBiz Overdraft and require additional funds:

  • you can apply for an additional NAB Business Credit Card facility or NAB QuickBiz Overdraft facility 6 months after your most recent NAB Business Credit Card or NAB QuickBiz Overdraft facility establishment date.
  • you can apply for an additional NAB QuickBiz Loan 90 days after your most recent NAB Business Credit Card or NAB QuickBiz Overdraft facility establishment date.

If you already have an existing NAB QuickBiz Loan you can apply for an additional NAB QuickBiz Loan, NAB QuickBiz Overdraft or NAB Business Credit Card 90 days after your most recent NAB QuickBiz Loan facility establishment date.

If you are an existing NAB customer, you can only apply for this product if you have less than $1m in existing business lending with NAB and less than $100K in unsecured business lending with NAB (inclusive of this application).

NAB may have other options which suit your business better if you do not meet the conditions for this loan. You can contact us on 13 10 12 to discuss.

NAB QuickBiz Loan

Standard product information

This loan is available only as a fixed interest rate principal and interest loan for a 12, 24 or 36 month term with monthly repayments. The interest rate of 12.95% p.a. applies from the drawdown date of your NAB QuickBiz Loan until the end of your loan term. Variable rate loan and interest only loans are not available. Economic costs may be payable if you terminate early. If this does not work for you, we have other loan options that may better suit your needs.

You must have an Australian bank account, in the same name as your business, to receive your funds.

The NAB QuickBiz Loan has no upfront or ongoing fees but economic costs may apply if you choose to pay the loan off before the end date of the contract.

NAB QuickBiz Overdraft

Standard product information

The overdraft is available as a variable interest rate only. Debit interest is calculated on the daily outstanding balance and is charged to the account on the last banking day of the month. A QuickBiz Overdraft service fee applies and is charged to the account on the last banking day of each month. Fees and charges may apply to your linked transaction account.

You can only borrow up to $50,000 in total limits across both a NAB QuickBiz Overdraft and NAB Business Credit Cards (applied for online).

The NAB QuickBiz Overdraft is only available as a new facility. It can’t be applied to existing NAB business overdrafts.

NAB Vehicle & Equipment Loan

Standard product information

The features shown apply only to loans approved online.

1 5.49% pa online fixed rate applies to:

Approved Vehicle & Equipment Loan applications that are quoted online:

  • for new or used cars, vans and utes; and
  • with loan terms of 1, 2, 3, 4 or 5 years; and
  • with no balloon (end of term lump sum payment)

Loan must be drawn down within 35 days from the date of our online quote.

Vehicle and equipment loans are subject to approval. Standard Vehicle & Equipment Loan terms and conditions, fees and charges apply.

Online decisions are subject to eligibility, credit assessment, lending criteria and ID verification. You can read the full eligibility criteria online.

5.49% online fixed rate is available from 5 November 2018, remains valid until withdrawn and is subject to change without notice.

2 Additional fees may apply for multiple assets. Economic costs may be payable if you pay the loan off before the end date of the contract.

NAB Qantas Business Signature Card

Standard product information

Qantas Points

All Qantas Points earned using the card(s) are credited to a points earner nominated by the Facility Owner. A points earner must be a Facility Owner or a cardholder with a Qantas Frequent Flyer membership account. To earn points using your NAB Qantas Business Signature Card, you must be a member of the Qantas Frequent Flyer program. A joining fee may apply, however, NAB has arranged to provide Qantas Frequent Flyer membership with the joining fee waived to NAB members who are not already a Qantas Frequent Flyer member and who apply at qantas.com/joinffnab. Membership and points are subject to the Terms and Conditions of the Qantas Frequent Flyer program. Refer to NAB Qantas Business Facility Reward Terms and Conditions (PDF, 603KB) for details of eligible business spending. Points are capped at $50,000 spend per card per statement period.

NAB Commercial Cards Unauthorised Transaction Insurance

NAB Commercial Cards Unauthorised Transaction Insurance is issued by QBE Insurance (Australia) Limited ABN 78 003 191 035, a member of the QBE Insurance Group Limited ABN 28 008 485 014 (ASX: QBE). Terms, conditions and exclusions apply and are set out in the policy information booklet. Neither National Australia Bank Limited nor any other member of the National Australia Group of companies is liable under this policy.

NAB Commercial Cards Transport Accident Insurance

NAB Commercial Cards Transport Accident Insurance is issued by QBE Insurance (Australia) Limited ABN 78 003 191 035, a member of the QBE Insurance Group Limited ABN 28 008 485 014 (ASX: QBE). Terms, conditions and exclusions apply and are set out in the policy information booklet. Neither National Australia Bank Limited nor any other member of the National Australia Group of companies is liable under this policy.

NAB Commercial Card Facility Brochure (PDF, 565KB)

Business Banking Fees and Charges

Interest rates, fees and charges

These products are issued by National Australia Bank Ltd ABN 12 004 044 937.

Let's talk

We’re ready to help your business

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Call 13 10 12

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Sat-Sun 9am - 6pm (AEST/AEDT)

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