NAB Business Options Loan
An easy to understand medium to long term business loan up to $1 million, ideal for growing your business.
Category: Business Loans Last Updated August 25, 2025 Effective December 22, 2025
General Lending Rates
Rates listed below are for a VARIABLE P&I product. Additional Information Customer margin may apply
Interest Rate
7.10% PA
7.10% PA
Comparison Rate
0.00%PA*
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will vary based on the LVR and other conditions..
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.10%, Comparison Rate 0.00%
- Repayment Type: Interest Only
- Loan Purpose:
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.10%, Comparison Rate 0.00%
- Repayment Type: Interest Only
- Loan Purpose: Owner Occupied
From $20000
Minimum: $20000.00 Maximum: $
- Lending Rate Type: Variable
- Interest Rate: 7.10%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Product Features
- Digital Banking Additional Information: Once registered for access, Customers are able to view and manage this product in the NAB internet banking platform
- Extra Repayments Additional Information: regardless of BOL variant (NBL, NBC, NBR), customers are able to make extra payments into the Business Options Loan account only when the facility has a variable interest rate. If an existing Business Options Loan facility has a fixed rate and customers choose to make extra payments into the loan during a fixed rate period they will be charged for economic costs
- Guarantor Additional Information: A guarantor(s) can be nominated during origination prcoess regardless of the BOL variant applied for. Bankers must refer to credit policy https://nabcts.sharepoint.com/sites/CreditPolicyHub/SitePages/Guarantees-to-Bank-Business-Lending-GUA201.aspx to determine the suitability of a guarantor and how to assess
- Relationship Management Additional Information: Relationship management is available for eligible customers with a Business Options Loan facility. Customers must satisfy certain criteria (commercial lending, deposits & consumer lending) to qualify for relationship management.
- Redraw Additional Information: The current redraw process for BOLs (All variants including NBL, NBC, NBR) is via banker assisted manual redraw process. The business lending products team is working on a change initiative to enable self service redraw for customers with BOLs via IB/NAB app which is aimed at Q1 FY26 delivery
Product Eligibility
- Business Additional Information: Available wholly or predominantly for business purposes operating in Australia
- Other Additional Information: Upon application other criteria may apply to the Business Loan
Bank Fees and Charges
- Service Fee (Periodic), Amount: 30.00.
- Application Fee (Upfront), Amount: 600.00. Additional Information: charged when the loan is first established (Calculated based on the initial loan amount borrowed)
Limitations & Restrictions (Constraints)
- Min Limit of 20000.00 Additional Information: The ability to borrow from $20,000
Document Downloads
nab-business-lending-general-terms.pdf (275.0 KB)
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