NAB “first off the mark” with shorter, plain English loan contracts for small businesses

By James Harkness · 9 October 2017 · Banking

NAB “first off the mark” with shorter, plain English loan contracts for small businesses

NAB Revolutionizes Small Business Loans

Get ahead of the game and learn how National Australia Bank is making a game-changing move for small business owners. Discover the surprising benefits that over 130,000 business owners will soon enjoy.

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Summary

National Australia Bank’s decision to introduce shorter, plain English loan contracts for small business borrowers has been welcomed by the Australian Small Business and Family Enterprise Ombudsman. According to the bank, more than 130,000 business owners will benefit from the complete overhaul of its existing business standard loan form contract, which involved simplifying contractual clauses, […]

Tags: Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, Nab, National Australia Bank, Red Tape, Small Business loan