Finty
NAB

NAB QuickBiz Loan

Term loanUnsecured

Fast, unsecured business lending made easy, giving you access to funds to grow, run and invest in your business.

Written byDavid Boyd
Interest rate a year, from
12.95%
Establishment fee
Not published
Monthly fee
Not published
Borrow
$5,000 to $250,000

Monthly repayment

$100,000 over 3 years

Apply now

What it would cost

At the lowest published rate of 12.95%. The rate you are offered depends on your business, and the establishment fee is not included.

Monthly repayment
$3,367
Total repayments
$121,212
Interest
$21,212

Loan details

Rates

Interest rate (a year)
12.95%
Rate type
Fixed
Security
Unsecured
Type of finance
Term loan

Limits and fees

Loan amount
$5,000 to $250,000
Loan term
1 year to 3 years
Establishment fee
Not published
Monthly fee
Not published

How it compares

Against the other unsecured business loans we compare. Typical means the middle half of them.

Most you can borrow

$250,000

Typically you can borrow up to $250,000.

Pros and cons

Pros

  • One rate for everyone. Everyone approved gets 12.95%, so the rate you see is the rate you get.
  • A fixed rate. Your repayments stay the same for the whole loan, which makes it easier to budget.
  • No security needed. Your car or home isn't at risk if things go wrong, though missed repayments still hurt your credit report.

Cons

Nothing stands out.

Similar loans

Business loans of the same kind from other lenders that start at a similar interest rate.