NAB reduces interest rates on business loans

13 August 2025 
Interest Rates  Business Banking

Australia’s largest business bank, NAB, will reduce interest rates on eligible business lending products by 0.25% p.a. following the Reserve Bank of Australia’s decision to lower the cash rate by 0.25%.

New and existing business customers with a variable rate NAB Business Options Loan or a NAB Business Overdraft product will have their interest rate reduced by 0.25% p.a. effective from Monday 25 August.

NAB Group Executive for Business & Private Banking Andrew Auerbach said:

“Business is the heartbeat of Australia’s economy and we know lower interest rates drive greater confidence right across the business community.

“Many of our business customers also bank with us personally, so we are confident the combined impact of rate reductions across our business and home lending products will contribute positively to that.

“While lower interest rates are welcome news, we know some business customers are facing tougher trading conditions which is why we have a range of support options available to those who need it.”

Eligible business customers will see their new interest rate reflected on their next statement after Monday 25 August.

The change in business products comes after NAB’s decision to reduce the standard variable interest rate on NAB home loan products by 0.25% p.a.

ENDS 

Notes to editors 

• Eligible NAB business lending customers can either choose to lower their repayments or continue at their current repayment level, reducing interest paid over the life of the loan.
• NAB continually reviews its interest rates for business deposit products.