Could a clearer guide change the way a business chooses finance today?
This page introduces a concise guide to the range of products available for Australian business banking right now. It explains who each option may suit and how they work from application to repayment.
Readers will get plain information on fixed-rate choices, flexible structures and facilities for more sophisticated needs. The section sets expectations that details are general and that rates, fees and charges can change.
The guide is split into clear sections so businesses can compare features, check eligibility and plan their next steps the moment they are ready. It also flags Target Market Determinations and where to access them for due diligence.
Content focuses on Australian business customers and notes issuer details for transparency. Credit applications remain subject to assessment and terms may vary over time.
Tailored finance to help business banking customers move now
When timing matters, a tailored finance package can keep a business moving. This section explains how nab business banking assesses applications against clear criteria so decisions are timely and predictable.
There is a broad range of solutions designed to meet different needs. Some products focus on certainty of repayments, others on flexible terms or market-linked structures for more complex plans.
Support is available across stages of growth, from daily working capital to equipment purchases and longer-term expansion. Preparing documents that reflect trading history and forecasts helps speed the assessment process.
Why lending criteria matter: they guide which products suit a business and what information is needed up front. Interest rates, fees and charges can change, so businesses should check current details during decision making.
This overview sets up the comparison that follows by pointing to the distinct characteristics of each loan option covered in later sections.
NAB loan options
This section maps the core products and the businesses that typically consider them.
It outlines three main offerings: NAB QuickBiz Loan, NAB Business Options Loan and NAB Business Markets Loan. Each is described so readers can see how designs differ by term, flexibility and target customer.
Small and growing firms often choose the QuickBiz product for speed and simplicity. Businesses needing flexible repayment structures may look at the Business Options product. Larger or more specialised enterprises review the Business Markets product for advanced features.
Target Market Determinations for these products are available at nab.com.au/TMD. All credit applications remain subject to lending criteria and terms and conditions, which are available on application.
Products are issued by National Australia Bank Limited ABN 12 004 044 937. This information section prepares readers to compare features side by side and to use the short checklist of questions in the detailed pages that follow.
NAB QuickBiz Loan at a glance
Here is a concise overview of the nab quickbiz product for businesses needing predictable repayments.
The QuickBiz loan is a fixed interest, principal-and-interest facility with monthly repayments. Terms are 12, 24, 36, 48 or 60 months, giving clear budgeting across the chosen term.
The interest rate is fixed from drawdown until the end of the contract. Variable rates and interest-only periods are not available, so this product suits businesses wanting certainty over repayments.
There are no upfront or ongoing fees, though economic costs may apply if the borrower repays early. Funds are paid to an Australian bank account held in the same name as the business.
Typical use cases include quick access to funds for working capital or small investments where fixed repayments help cash flow planning. Lending criteria and full terms are available on application via a browser or the mobile app.
NAB Business Options Loan for flexible terms
For firms facing shifting cash flow, a flexible finance structure can be a practical choice.
This business options loan is designed to let companies align terms and repayments with changing needs. It supports switching between fixed and variable rate periods so a business can seek certainty or flexibility as circumstances change.
Businesses should note costs may apply if they move from a fixed interest rate to a variable rate before a fixed term ends. Economic costs or fees can also arise when making additional repayments during a fixed period.
Weighing the certainty of a fixed rate against the adaptability of a variable rate depends on cash flow and growth plans. A small retailer might pick fixed payments to budget reliably. A growing services firm may prefer the freedom to adjust repayments as turnover changes.
Lending criteria and full terms apply and are available on application. The product disclosure document is recommended before deciding. Target Market Determinations are available online to help assess suitability.
NAB Business Markets Loan for sophisticated needs
For businesses with complex funding plans, a more advanced facility can offer tailored, market-aware features that match strategic goals.
This product is aimed at enterprises that need bespoke structures, rate management tools and flexible terms to support larger-scale investments or nuanced funding strategies.
Detailed lending criteria and terms and conditions apply and are available on application. Businesses should review the Business Banking Fees – A guide to fees and charges and the Business lending general terms (PDF, 274KB) to understand costs and obligations.
Target Market Determinations are available online to help assess suitability and risk appetite. Examples of use include complex refinancing, structured funding for growth projects, or facilities that link interest settings to market benchmarks.
Evaluate terms and rate structures alongside strategic plans before committing. Given the product’s complexity relative to simpler fixed-term products, businesses may seek specialist advice to match the facility to their needs.
Rates, fees and charges: what business owners should know
Understanding how rates and fees change can save a business significant cost over the life of a facility.
Interest, fees and economic costs are different. Interest is the ongoing charge for borrowed funds. Fees are set amounts for services or changes. Economic costs cover the cost of ending or changing a fixed arrangement early.
For example, nab quickbiz has no upfront or ongoing fees, but economic costs may apply if a borrower repays early. By contrast, the Business Options product can attract costs when switching from a fixed period to a variable one or when making extra repayments during a fixed term.
Businesses should check the Business Banking Fees – A guide to fees and charges and the Business lending general terms (PDF, 274KB) to see current schedules and obligations.
Review how an interest rate interacts with repayment timing and cash flow before deciding. Different products price risk and features differently, so seek support and confirm current details at application or when changing a loan structure.
Lending criteria, terms and Target Market Determinations
Understanding eligibility and contract terms reduces surprises during assessment. Credit applications are subject to credit assessment criteria and approvals depend on those checks.
Full lending criteria and terms and conditions apply and are available on application. The important information section in product documents sets out fees, obligations and common conditions affecting approval timelines.
Target Market Determinations are published online at nab.com.au/TMD. They explain who each product is intended for and help businesses self-assess whether a product fits their needs.
Information in this section is general and does not consider an applicant’s objectives, financial situation or needs. Businesses should seek tailored advice if unsure.
Practical steps: prepare trading history, cash flow forecasts and ID documents to speed assessment. Check key terms such as repayment schedule, early payout costs and security requirements before committing.
Eligibility and information to have ready
Before starting an application, businesses should collect clear information to speed the assessment. A short checklist helps keep the process simple and predictable.
Whether applying via a browser, mobile banking or a banking app, have these items ready: ABN, proof of identity, recent financial statements and cash flow forecasts. Keeping contact details and company registration papers to hand reduces follow-up time.
For nab quickbiz specifically, the business must have an Australian bank account in the same name to receive funds once approved. Meeting this requirement avoids payment delays and helps the business access funds quickly.
Check product terms and conditions in advance so eligibility points are clear. Preparing requested documents against lending criteria makes assessment smoother and lowers the chance of additional requests.
If a business would like help deciding what to prepare, they should reach out early. A quick conversation can clarify requirements and mean funds are available sooner after approval.
How to apply: web browser, mobile banking app or in person
Businesses can begin their application in a browser, finish in person, or use a mobile banking app. Each channel keeps the same checklist and helps avoid duplicated steps.
Typical online steps are: sign in or create an account, choose the product, complete the form and upload documents through the banking app or browser interface. Files can be photos or PDFs; ensure clarity before upload.
Request a call back if the business needs help with product fit or documentation. A short conversation can clear requirements and reduce delays when submitting an application for a loan.
All applications remain subject to lending criteria and terms, regardless of channel. Prepare ABN, ID, financials and cash flow forecasts to speed assessment and limit follow-up requests.
It is simple to start online and move to a business banking centre to finish. Keep login details consistent so staff can access the same application record and track progress.
Securely upload documents in the app and check the application status there. Or liaise with a business banking specialist for updates and questions.
*You will stay on the same site.
Help and support when you need it
When questions arise, timely help keeps processes moving and decisions on track. Businesses can find support through online product pages and published Target Market Determinations at nab.com.au/TMD.
Request a call back to discuss product differences, application readiness or repayment plans. A short conversation often clears requirements and reduces delays when submitting a loan application.
For in‑person assistance, visit a business banking centre for face‑to‑face guidance. Staff can review documents, explain fees and help prepare information before application lodgement.
Explore business banking resources online to prepare for specialist conversations. Use verified nab business banking channels to ensure details are current and avoid outdated information.
Engage early with support teams to keep funding timelines on track and to confirm next steps. If unsure what to bring, ask for a checklist when you find nab or contact a business banking centre for tailored help.
Managing repayments, early payout and cash flow
A thoughtful repayment strategy can lower costs and keep funds available when needed.
Plan repayments to match revenue cycles so cash flow stays predictable. Forecast interest and principal across the term to see the total cost and timing of payments.
Fixed-rate products may incur economic costs if a borrower ends the loan early. For some fixed arrangements, early payout or changes during a fixed period can trigger fees or adjustment charges.
By contrast, variable settings give more flexibility but can make budgeting harder if the interest rate moves. Compare scenarios for fixed versus variable to see how each affects monthly budgets and financial reporting.
Keep access funds and working capital available by staggering repayments or setting aside a buffer. Review the facility’s terms well before any planned change to avoid unexpected costs or disruptions.
Important information and disclosures
This important information section gathers the key disclosures, compliance notes and practical references for this page. It aims to help businesses find full documentation and understand what to check before deciding.
Any advice in these guides has been prepared without considering a reader’s objectives, financial situation or needs. Consider whether the content is appropriate and view the Product Disclosure Statement or Terms and Conditions available online or by contacting NAB.
Credit applications remain subject to credit assessment criteria. Interest rates, fees and charges can change, so check the latest terms before acting. Target Market Determinations are published at nab.com.au/TMD to help confirm intended product use and suitability.
Tax comments here are general and may change; seek independent tax advice. Products are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. NAB acknowledges the Traditional Owners of the land and recognises their continuing connection to country. © National Australia Bank Limited.
Ready to explore business banking solutions and take the next step
When a business is ready to act, clear next steps help turn planning into progress. Explore business banking choices and compare features that match cash flow and growth goals.
Find nab business resources online to start an application, request a call back or book time with a specialist. Use the website to check product detail, fees and to locate a business banking centre near you.
Have ABN, identity, recent financials and cash flow forecasts ready before applying. Remember lending criteria and terms and conditions apply and Target Market Determinations are at nab.com.au/TMD.
Compare loans and options, review rates and fees, then proceed through your chosen channel at the moment you are ready. Take the next step with confidence and get support if needed.
