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NAB Business Loans
NAB Microenterprise Loans are unsecured business loans of between $500 and $20,000 for people on low incomes who have few or no avenues to access affordable business credit.
NAB supplies the loans on a not-for-profit basis.
Key feature are:
- Loans from $500 to $20,000
- Interest rate – 5.99% (fixed)
- Up to 3 years repayment period; and
- 90 day access period is interest free
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.
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.
Contact Central Coast BEC on 02 4355 4885 for more information.