If you are unable to get a normal business loan through a bank and you have a sound business idea, you may be eligible for a NAB Microenterprise Loan.

NAB Microenterprise Loans are unsecured business loans between $500 and $20,000.

Key features of the NAB Microenterprise Loan

Loans are available to help start up or support existing businesses of five or fewer employees. This includes owner-operated businesses and businesses operated from home.

  • Loans from $500 to $20,000;
  • Interest rate – 5.99% p.a (fixed);
  • Up to 3 years repayment period; and
  • 90 day interest free access period.

Download our NAB Micro Enterprise Loan Brochure