The first JobKeeper assistance payments for eligible employees will commence in the first week of May, 2020. However, we understand that some businesses will require immediate financing to help manage their short term cashflow.
To support our business customers during this difficult time, NAB can help customers access temporary finance options ahead of the JobKeeper assistance payment being received. To enquire about temporary financial support, please fill in our NAB JobKeeper assistance form.
NAB JobKeeper assistance is available to existing NAB customers with a business transaction account and NAB eligibility criteria applies.1
Any temporary finance provided must be repaid within 30 days. Interest will be charged and payable:
- if the customer has an existing overdraft facility linked to their business transaction account, interest will be charged in accordance with the customer’s overdraft facility terms and conditions.
- if the customer does not have an existing overdraft facility, then overdrawn debit interest will be charged in accordance with the customer’s business transaction account terms and conditions.
If you have a question about how we’re providing support with JobKeeper assistance payments, you can get in touch on 1800 JOBKEEPER (1800 562 533).
Read more about the JobKeeper payment or see the JobKeeper factsheet (PDF, 184KB) for more information.