Loans and Finance
Business
Flexi
Phil Gibson, owner of Westimber and NBS Greymouth Branch Manager, Karen Atkison
Access working capital to help your business grow
A maximum credit limit is applied to your Business Flexi Loan (based on NBS Lending Criteria) that you can repay, redraw, or reduce at a pace that suits your needs.
All borrowings are based on NBS' current Business Flexi Loan variable interest rate with interest charges calculated daily (and debited monthly). With a variable rate the interest charged on your Business Flexi Loan can go up or down, depending on market changes.
The NBS Flexi Loan has a maximum loan term of three years.
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Rates & Fees
| NBS Business Lending Rates | |
|---|---|
| 6 Months Fixed | 5.99% p.a. |
| 1 Year Fixed | 5.64% p.a. |
| 2 Year Fixed | 5.62% p.a. |
| Variable interest rates* | 7.79% p.a. |
| NBS Flexi Loan variable interest rates | 8.04% p.a. |
|
Interest rates are current as of 26 August 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. * Effective rate for new clients 26 August 2025. Effective rate for existing clients from 13 October 2025. |
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| Business Flexi Fees | |
|---|---|
| Monthly Base Fee | $15.00 |
| EFTPOS withdrawal | $0.50 |
| Other Bank ATM Transaction fees | $1.50 |
| Manual Transactions (include cash withdrawals and external transfers) | $0.50 |
| Loan Establishment Fee | 1.00% (minimum charge $500) |
| Loan Additional Funds | 1.00% of increase limit (minimum charge $250) |
| Discharge Mortgage Fee | $50.00 |
| Default Interest Rate | 10.00%p.a. above annual interest rate |
| Default Administration Fee | $45.00 per event |
| Unarranged Excess Fee | $25.00 |
| Dishonour Fee | $15.00 |
| Insurance Arrears Payment Fee | $25.00 |
| Rates Arrears Payment Fee | $25.00 |
| Motor Vehicle Security Variation/Security Swap Fee | $30.00 |
| Duplicate Statement Fee | $5.00 |
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Fees are subject to change. |
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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 NBS service fees may also apply.
This facility is periodically reviewed and you may be required to provide an updated valuation and income verification.