Indicator rates for business lending

Monday, 27 May 2024

Business finance

Customer Margin may apply.

Business options prime 7.85% p.a.
Business overdraft prime 10.72% p.a.
QuickBiz overdraft prime 8.87% p.a.
Farmer's choice prime 9.72% p.a.
Farm Prime 9.72% p.a.
Benchmark rate 10.72% p.a.
Base rate 10.72% p.a.

Business lending rate

30 day rate 6.45% p.a.
60 day rate 6.31% p.a.
90 day rate 6.26% p.a.
180 day rate
6.31% p.a.

Invoice Finance and Corporate Receivable Finance facilities indicator rates

Tuesday, 2 April 2024

Invoice Finance Indicator rate 9.88% p.a.
Receivable Finance Indicator rate 6.53% p.a.

Corporate Markets Loan Reset Margin

Pricing Periods of less than 3 months 0.10%
Pricing Periods of 3 months or greater 0.00%

Equipment finance

Equipment finance margin 0.49% p.a

Business credit cards

NAB Rewards Business Signature Card

Purchase 18.50% p.a.

Cash advance 21.74% p.a.

NAB Qantas Business Signature Card Purchase 18.50% p.a.
Cash advance 21.74% p.a
Purchasing / Corporate Card 12.65% p.a.
Business Card Purchase 15.50% p.a.
Cash advance 15.50% p.a.
NAB Low Rate Business  Card

Facilities established after 28/03/2014

Purchase 13.25% p.a.
Cash Advance 13.25% p.a.

Interest rates for products no longer for sale

Business mortgage

Instalment loan / fully drawn advance 9.13% p.a.
Overdraft 10.72% p.a.

Commercial mortgage

Farmer's Choice Variable Rate 9.72% p.a.
Business Options Residential 9.20% p.a.
Business Options Commercial 10.15% p.a.
Business Overdraft Residential
10.72% p.a.
Business Overdraft Commercial
10.72% p.a.
Term base rate
10.98% p.a.

Commercial cards

Velocity NAB Business American Express ® Card Purchase 18.50% p.a.
Cash advance 21.74% p.a
NAB Qantas Business Card Purchase 18.50% p.a.
Cash advance 21.74% p.a.
NAB Business Payments Card Purchase 15.50% p.a.
Cash advance 15.50% p.a.

Get in touch

Contact us

Visit our business banking contact page for how-to-guides and FAQs, as well as contact numbers.

Visit a NAB branch

Our business bankers are located all around Australia.

Terms and Conditions

® Registered Trade Mark of American Express Company.

All rates and underwriting fees are effective, 27 May 2024 and are subject to change at any time.

To find out more, visit, call into a NAB branch, or call 13 10 12. Fees and charges apply.

Full details of these and relevant terms and conditions are available on application.