NAB Microenterprise Loan

 




National Australia Bank in partnership with Hunter Business Centre has successfully introduced the Microenterprise Loan to assist small business owners.
 
The Microenterprise Loan is an unsecured, low interest business loan of between $500 and $20,000 for people who are financially disadvantaged and have few or no avenues to access affordable credit.  NAB supplies the loans on a not-for-profit basis.
Features
  • Size: $500- $20,000
  • Interest rate: 5.99% p.a (fixed)
  • Up to 3 years repayment period
  • 90 day access period is interest free
 
The loan is only part of the assistance provided.  Through the support of the Hunter Business Centre, eligible applicants will get access to business skills, training and advice during their first year of operating their business. 
 
Click here to find out what others have said about the Microenterprise Loan and how it has assisted them and their business.
 
You can download the Application Requirements and the Application Form then call us at the Hunter Business Centre on 4925 7700 to discuss the next steps.
 

 If the NAB Microenterprise loan does not suite you, you may like to see what Grants are available.