Back to NBS Rural Term

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 Agribusiness Manager 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.

Interest rates for NBS Rural Lending are determined on a case by case basis. Talk to your Agribusiness Manager

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.