NAB QuickBiz Loan
GET AN UNSECURED BUSINESS
LOAN OF UP TO $50,000

Instant answer. Funds in 1 business day

BRING YOUR OPPORTUNITIES TO LIFE

Grow or expand your business, or take advantage of new opportunities, with a NAB QuickBiz Loan.
We look beyond your bricks and mortar security to recognise the strength of your business -
so you get the funds you need to make it happen.

WHY CHOOSE A
NAB QUICKBIZ LOAN?

UP TO $50K

Borrow between $5-$50K,
12 or 24 month term.

NO SECURITY

All NAB QuickBiz loans
require no security.

COMPETITIVE RATE

Fixed 13.85% interest rate P.A
and no upfront or ongoing fees.

FUNDS IN 1
BUSINESS DAY

We turn your approved
loan around fast.

WHAT’S AN UNSECURED LOAN?

An unsecured loan does not require your business to provide any security. The NAB QuickBiz Loan is a fast and simple way to help you grow your business which looks at the strength of your business rather than assets such as your home or commercial premises.

HOW IT WORKS

We’ll require 12 months of your business’s financial history to assess your application.
We don’t require security in the form of any assets.

1. APPLY ONLINE

To get started, have 12 months of your
financial records, business details (ABN
or ACN), and personal ID ready. Link
your Xero or MYOB Essentials data for
even faster processing.

2. INSTANT ANSWER

Once your application’s complete,
we’ll give you an answer within
60 seconds.1

1. Instant answer online and funding subject to credit assessment and verifications.

3. RECEIVE YOUR FUNDS

Funds will be transferred to your
account within 1 business day of us
receiving your contract and documentation.

GET AN INSTANT ANSWER

Apply now
Important informationExpand

This loan is available only as fixed interest rate principal and interest loan for a 12 or 24 month term with monthly repayments at a rate of 13.85% per annum. Variable rate loan and interest only loans are not available. Economic costs may be payable if you terminate early. If this does not work for you, we have other loan options that may better suit your needs.

You can only receive funds from one approved NAB QuickBiz Loan every 90 days.

Instant answer online and funding subject to credit assessment and verifications.

This loan is only available for loans which are wholly or predominately for business purposes. This loan cannot be used to make payments to the Australian Tax Office.

Your business must have been in operation for at least 12 months and have a valid Australian Business Number (ABN).

You need to be at least 18 years or older to apply and hold an Australian citizenship or permanent residency.

Your business and residential address must be in Australia.

This loan is only available for sole traders, business partnerships with 2 or less individual partners, and companies with 5 or less directors borrowing in their own right. It is not available for joint borrowers who are not partnerships, or partnerships where one or more partner is a company. It is not available if you are borrowing as trustee of a trust.

Any shareholders of companies listed in the application must be individuals, and not companies.

If you are an existing NAB Customer, you must have operated all accounts in accordance with the terms of those accounts.

If you are an existing NAB Customer, you can only apply for this loan if you have less than $1m in existing business lending and less than $100k in unsecured business lending with NAB (inclusive of this application).

You must have an Australian bank account, in the same name as your business, to receive your funds.

NAB may have other options which suit your business better if you do not meet the conditions for this loan. You can contact us 13 10 12 to discuss.