Simple business loans

NAB Flex-Flow Loan

The NAB Flex-Flow Business Loan is a merchant finance solution for NAB Merchants. It’s a fast and easy way for approved NAB merchants to access up to a $125,000 business loan, providing flexibility to help manage business cashflow.

Features

  • Repayments change or ‘flex’ in line with your merchant sales activity. They are automatically calculated daily using an agreed percentage of merchant sales receipted each day.

  • Enjoy the certainty of just one upfront fee which is added to the loan amount and no ongoing fees, charges or interest.

  • Apply online in as little as 20 minutes and once approved, funds should be in your account within one business day after we receive your signed contract. 

  • The strength of your business performance and your track record is all you need to apply - no physical assets are required to get the NAB Flex-Flow Loan. 

  • The loan term is calculated based on your business data and will be unique to you.
Apply online in less than 20 minutes.
Get started , opens in new window

Fees and charges

Minimum loan

 $2,000

Maximum loan

$125,000

Interest rate

 0.00%

New
Calculate borrowing power and daily repayment percentage

Use our handy calculator to work out the most suitable loan amount and daily repayment percentage for your business.

Get started , opens in new window

Getting started How to apply

Eligibility to apply online

  • Must be registered for NAB Internet banking.

  • Your business has an active ABN and is registered for GST.

  • You are at least 18 years old and hold Australian citizenship or permanent residency.

  • You are already a NAB merchant with merchant facility transactions settling into an eligible NAB settlement account for at least 12 months.

  • Estimated minimum card sales settled to your approved NAB settlement account must be at least $20,000 per annum, and no more than $10,000,000.

Before applying, check your eligibility for a NAB Flex-Flow Loan, opens in new window.

What to expect after you apply

  • Complete the online application in as little as 20 minutes and receive an instant decision. When applying, we’ll ask why you’re taking out the loan. 
  • Once approved, you can access your funds within one business day,  and you'll start repaying your loan through future card transactions on your NAB merchant facilities at the agreed repayment percentage. 
Apply online in less than 20 minutes.
Get started , opens in new window

Help and support Frequently asked questions

  • Loan repayments are automatically deducted daily from your merchant settlement account. The daily repayment amount is calculated as a percentage of your daily merchant sales, aligning your loan repayments to your actual cashflow. This means if sales are slow your repayments will be lower, and no repayment is deducted when you are closed or have no sales. You can select a payment percentage between 10% and 30% when you apply.

  • No. Once the loan contracts have been signed you cannot change the repayment percentage or increase your loan value. When you apply, make sure you select a repayment percentage that suits your cashflow

    However, you can make additional repayments to pay the loan faster, but you C can’t increase your loan or redraw once the loan has been established.

You may also be interested

NAB QuickBiz loan

Fast, unsecured business lending made easy. Get access to funds for your business without physical assets as security.

NAB QuickBiz Overdraft

Manage your cash flow and unexpected expenses with an unsecured business overdraft on your transaction account, up to $50,000.

Terms and Conditions