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Finance

NAB: Business Support Loans (Up to $250,000)

Summary

The NAB Business Support Loan has been designed to help our business customers who’ve been impacted by Coronavirus. With this loan you’ll receive: An unsecured business loan of up to $250,0001. Reduced variable interest rate of 4.50% p.a. Loan term of up to 3 years. No repayment is required for the first 6 months. Principal and interest repayments will apply after this period. No application or loan service fees will apply. Eligibility: This loan is available to new and existing NAB business customers who are small and medium sized businesses with a turnover of less than $50 million. The loan must be for business purposes only and be used to support current and upcoming working capital needs (not for purchase of property or equipment). Please note this cannot be applied to existing NAB loans – this is for new loan applications only.
The NAB Business Support Loan has been designed to help our business customers who’ve been impacted by Coronavirus.

With this loan you’ll receive:
  • An unsecured business loan of up to $250,0001.
  • Reduced variable interest rate of 4.50% p.a.
  • Loan term of up to 3 years.
  • No repayment is required for the first 6 months.
  • Principal and interest repayments will apply after this period.
  • No application or loan service fees will apply.
Eligibility:
  • This loan is available to new and existing NAB business customers who are small and medium sized businesses with a turnover of less than $50 million.
  • The loan must be for business purposes only and be used to support current and upcoming working capital needs (not for purchase of property or equipment).

Please note this cannot be applied to existing NAB loans – this is for new loan applications only.
How to apply:
  • For our existing NAB Business customers, you can enquire about our Business Support Loan online or speak directly with your NAB Business Banker.
  • For new NAB Business customers, call us on 13 10 12 to enquire. Please note that we’re currently experiencing a high volume of calls and expected wait times will be longer than usual.

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