Indicator rates for business lending

Monday, 4 December 2023

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 6.47% p.a.
60 day rate 6.33% p.a.
90 day rate 6.29% p.a.
180 day rate
6.32% p.a.

Invoice Finance and Corporate Receivable Finance facilities indicator rates

Friday, 1 December 2023

Invoice Finance Indicator rate
10.03% p.a.
Receivable Finance Indicator rate
6.68% 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

Let our business banking specialists help you in person.

Terms and Conditions

® Registered Trade Mark of American Express Company.

All rates and underwriting fees are effective, 4 December 2023 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.