Eligibility for a NAB Flex-Flow Loan

When will the funds  be received?

You'll receive your funds within one business day after we receive your signed contract. Business days are Monday to Friday, excluding weekend and Victorian public holidays.

Fees and charges

The NAB Flex-Flow loan has a one-time loan fee which is added to the loan amount at the inception of the loan and is part of the balance owing for repayment purposes. This fee is not charged on a pro-rata basis and is not refundable.  There are no ongoing fees and charges associated with the loan .

Estimated loan term of the NAB Flex-Flow Loan

The length of time  it will take to repay the total of the initial loan amount and the loan fee is based on:

• our estimate of the card sales processed to your approved NAB settlement account, and
• the daily repayment percentage applying to your loan.

Residency status

Business and residential addresses must be in Australia.

Redraws and extra repayments

Redraws aren't available on this loan. You can make extra payments without additional cost.

The security of your financial information

Security is very important to us. We respect your personal information and we'll take every reasonable step to protect it. For more information visit Privacy Consent and Notification.

Customer login details

As your credentials are encrypted and passed to your accounting package software, we don't see your password or store your credentials.

Reapplying in the future if you've been declined

You can apply as many times as you like. However, you should know that each time you complete an application you'll undergo a credit reference check. Multiple credit checks may adversely impact your credit rating.