NBS offers its business clients a specific loan product with interest only repayments. Loan repayments are minimised until capital becomes available to repay the loan.
|NBS Business Lending Rates|
|Fixed interest rates start from||4.20% p.a.|
|Variable and Flexi interest rates start from||5.45% p.a.|
Interest rates are subject to change.
|Fixed Rate, Interest Only|
|Loan Establishment Fee||From $400.00|
|Interest Rate Review||From $150.00|
|Discharge Mortgage Fee||$130.00|
|Default Interest Rate||4.00% p.a. above annual interest rate|
|Default Administration Fee||$100.00|
|Insurance Arrears Payment Fee||$15.00|
|Rates Arrears Payment Fee||$25.00|
|Motor Vehicle Security Variation/Security Swap Fee||$30.00|
|Duplicate Statement Fee||$15.00|
|Early Repayment Adjustment||$500.00 (minimum charge)|
|Early Repayment Administration Cost||$100.00|
Fees are subject to change.
Terms and Conditions
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.