Fixed Rate Loans

More certainty, makes planning easier

  • Plan your cash flow more effectively with fixed repayments
  • Table, Reducing or Interest Only payment options available
  • Flexible loan terms, maximum of 20 years

NBS Lending Specialist can give you all the information to help you select from the available options to structure a loan that suits your business.

  • Your fixed interest rate will not change during the term of the loan, allowing more effective cash flow forecasting for your business
  • Fixed rate loans can be repaid before the fixed interest period ends, however you may have to pay an early repayment adjustment

Table - Structured to provide equal payments. Each payment consists of less interest and more principal than the previous payment.

Reducing Loan - Payments steadily reduce over time, although the initial payments can be higher than with a table loan.

Interest Only Loan - Suitable it you need to cover a period of time until capital is available to repay the loan in full.

NBS Commercial Term - Fixed Rate

Interest rates start from                                       5.69% p.a.
Interest rates are subject to change.
Interest rates for NBS Commercial Lending are determined on a case by case basis. Talk to your NBS lending specialist.


Commercial Loan Fees

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

Early Repayment Adjustment (ERA)

Calculating the cost of an ERA is a complicated calculation and is not the same for everyone. There are many factor that are taken into account when working out an ERA cost, therefore we recommend you contact us for a quote. You'll find more information on the procedure for calculating the cost of an ERA in your loan agreement.

 Fees are subject to change.

All lending is subject to NBS lending criteria, as well as the terms and conditions for each specific product. These are available from any NBS branch. Establishment fees and early repayment adjustments may also apply.