Loans and Finance
NBS Business
Term Loan
Pictured: Phil Gibson | Westimber, Greymouth | NBS business and personal banking client
Use a business term loan from NBS to invest in the growth of your business
Confidently plan with the certainty of a fixed interest rate for the term you choose or the flexibility of a variable rate.
Take advantage of
- Fixed or variable interest rate options
- Short, medium or long term financing
- Flexible repayment options available to help manage cash-flows
Loan options
- Fixed rate loans
- Variable rate loans
Fixed rate loans
Create more certainty in your business and make cashflow planning easier with a fixed rate. With our flexible loan terms, you can lend up to a maximum of 20 years.
Your NBS lending specialist can give you all the information you need to help you select the loan structure that suits your business.
Variable rate loans
Tailor your repayments to suit your businesses cashflow and get the flexibility you need to make lump sum payments or repay your loan in full at any time.
Your NBS lending specialist can give you all the information you need to help you select the loan structure that suits your business.
Rates and fees
| NBS Business Term, NBS Business Redraw, NBS Interest Only fees | |
|---|---|
| Loan establishment fee | From $450.00 |
| Interest rate review | From $50.00 |
| Discharge mortgage fee | $50.00 |
| Default interest rate | 4.00% p.a. above annual interest rate |
| Default administration fee | $45.00 per event |
| Insurance arrears payment fee | $25.00 |
| Rates arrears payment fee | $25.00 |
| Motor vehicle security variation or security swap fee | $30.00 |
| Duplicate statement fee | $5.00 |
| Early repayment recovery amount (ERRA) | Price on application |
| Early repayment administration cost | $45.00 |
|
Fees are subject to change. |
|
| NBS variable rate fees | |
|---|---|
| Loan establishment fee | From $450.00 |
| Interest rate review | From $50.00 |
| Discharge mortgage fee | $50.00 |
| Default interest rate | 4.00% p.a. above annual interest rate |
| Default administration fee | $45.00 per event |
| Insurance arrears payment fee | $25.00 |
| Rates arrears payment fee | $25.00 |
| Motor vehicle security variation or security swap fee | $30.00 |
| Duplicate statement fee | $5.00 |
|
Fees are subject to change. |
|
| NBS Business lending rates | |
|---|---|
| 6 months fixed | 5.84% p.a. |
| 1 year fixed | 5.34% p.a. |
| 2 year fixed | 5.34% p.a. |
| Variable* | 7.49% p.a. |
| NBS Flexi Loan variable interest rate | 7.99% p.a. |
|
Interest rates are current as of 3 December 2025 and subject to change at any time without notice. NBS lending criteria and specific terms and conditions apply. Margins, discounts and fees may apply. For new loans or refixes, rate may be subject to change prior to drawdown. NBS home loan rates are available for residential owner-occupied or investment property loans only. * Effective rate for new clients 3 December 2025. Effective rate for existing clients from 19 January 2026. |
|
Terms and Conditions
For both Fixed and Variable: All lending is subject to NBS lending criteria, as well as the terms and conditions for each specific product. These are available free of charge from any NBS branch. Establishment fees and early repayment adjustments may also apply.