It’s business finance that doesn’t require physical assets (such as property) for security. Instead it’s based on the strength of your business’s cashflow, and your ability to service the loan. Interest rates are usually higher, as they carry more risk for banks and financial institutions.
Learn more about the differences between secured and unsecured business loans.
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.
At least 18 and a permanent Australian resident.
Your ABN or ACN details.
12 months of reconciled business financial data from your accounting package.
Identification (Passport, Driver’s Licence, Medicare Card) if you’re new to NAB.
Your business transaction account number (for NAB customers only).
To apply for a NAB QuickBiz Loan or a NAB QuickBiz Overdraft, your annual turnover will need to be at least $75k. Before we make our decision, we’ll review your cash flow, credit score and how long your business has been operating.
Fast, easy, business lending to help you cover expenses and manage your cash flow.
Special fixed interest rate View disclaimer 1
Easily manage peaks and troughs in your cash flow with an overdraft on your transaction account.
Variable interest rate on what you've used
Service fee on approved limit
If you already use Xero, MYOB Essentials or Intuit QuickBooks for your business, your QuickBiz application will be even faster, because our system links to your accounting software. All you need to do is log in. We can assess on the spot whether you are eligible for conditional approval. There is no application fee and conditional approval could be as little as ten minutes away.2
For existing NAB customers, you may not need to provide your financial data.
Here’s a few steps you need to complete as part of your application.
For more help, including providing your financial data in the right format, visit our support page.
Our guide to focusing on your customers to increase loyalty.
Four documents you'll need for your finance application.
Important information
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