Small business

As Australia’s leading business bank, we’re here to support you with products and services tailored to your customers’ needs.

We're making small business lending faster and simpler for you and your customers. With a NAB Business Options Loan , opens in a new window

, take advantage of our 5-day turnaround time and fast-tracking of applications up to $2 million. We've also introduced self-declaring financials via a digital form. And, your customers can apply for up to 80% LVR on commercial or 100% LVR residential security with up to 30 years for commercial and residential security on P&I term loans. T&Cs, fees, charges, lending and eligibility criteria apply.

Making business easier

We know you’ve worked hard to build relationships with your customers. So, as Australia’s leading business bank, we’re here to support you with the right products and services to make the most of those relationships. Find out the benefits of diversifying into small business through our whitepaper

We understand how busy you are. Whether you’re writing combined small business and residential loan deals, strengthening your relationships, diversifying, or offering more solutions to your clients like unsecured lending, we’ve made it easy for you to find all the help you need in one place.

We’re ready to help with:

• small business lending for loans up to $1 million – ideal for customers buying an existing business, funding expansion or investing in growth
• equipment finance such as a finance lease, hire purchases and equipment loans
  
• on the spot pre-qualifying with our pre-qualifying tool (XLSM, 490KB) , opens in a new window

Your dedicated small business BDM can connect you to a small business banker for residential and small business deals – giving you personalised service whenever you need it.

They can help you:

• combine your residential and small business deals
• ensure our lending solutions meet your customers’ needs
• stay up-to-date on all credit decisions, documents and settlements for your customers
• access a dedicated credit team to help understand decisions
• structure lending to suit the cash flow needs of your customers
• access key specialists across NAB to explain products and services.

Apply for residential and small business loans in one application with ApplyOnline, which streamlines the experience and allowing you to track the application at each stage.

How ApplyOnline can speed things up by

• adding one loan application to another (at the same time or later). The new form will carry through relevant information from the previous
• faster approvals – one application means faster assessment and quicker approvals for quality submissions
• avoid missing key information – submit all the required supporting documents together at the start of the process
• track your home and small business loans in the same place through your aggregator portal.

Using ApplyOnline you could enjoy:

• upfront (0.55%) and trail (0.20%) commission on new, eligible small business lending 1
• potential for up to two commissions – one for business and one for residential lending
• conditional approval within two business days 2
• simplified lending criteria offering LVR up to 100% (for residentially secured business loans) and 80% (for commercially secured business loans) 3
• loan terms of up to 20 years (for commercially secured business loans) and 30 years (for residentially secured business loans) and up to $1m small business lending.

Tools to get you started

Pre-qualifying Tool

Use this tool to pre-qualify your customers on the spot.

Customer conversation tool

Everything you need to know to engage with small business customers on a desk pad.

NAB small business at a glance

Everything you need to know about small business lending.

Other tools and calculators

Access a range of calculators and tools for your customers’ small business lending needs.

Lending for professional services

Learn about simplified small business lending for Accounting and Legal Service businesses.

Simplified lending criteria explained

Learn about how we’ve made it faster and easier for you to secure deals.

Get in touch with your BDM or RM today

Find out how you could expand your business by adding small business lending to your mix.

Information current as at 24 April 2020, and subject to change. Terms, conditions, fees, charges, lending and eligibility criteria apply (available upon request or at NAB Broker). For more information, log in to NAB Broker.

1. Includes GST. Subject to change. Please note commissions will be paid via your aggregator. For more information about small business commissions and eligibility, please refer to the ‘Business Lending’ tab when you log in to NAB Broker or speak to your small business BDM.

2. Quality applications only. Eligibility conditions apply.

3. Information is current as at 24 April 2020 and subject to change. This product is only available to approved business customers. Not available for certain industries, loan purposes, transaction and security types including commercial property investment or development security (owner-occupied allowed); self-managed superannuation fund and land banking; rural property freehold; and clearing ATO arrears. Conditional approval within two business days from receipt of application provided all criteria are met and required documents supplied.

These products are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.