Applying for traditional business loans can be time consuming; compiling business financial statements and then waiting for these documents to be assessed and approved can take weeks. As a result, many of our clients miss opportunities that require fast access to funds.
To address this, we’ve partnered with NAB to make it faster for you to access finance. From today, MYOB customers using Essentials can apply for funds up to $50,000 from NAB QuickBiz Loans. As part of the bank’s online application process, you can now securely link to your MYOB Essentials information. Decisions are made within 60 seconds and you can receive your funds deposited in your account in three business days.
We understand your frustrations. Our research indicates that cash flow is consistently the top pain point for many small businesses. With the lending environment changing, you want access to loans in a fast and efficient way. You also look for choice. In the modern day of business, we no longer bank with one bank or use one piece of software for all our business needs. Operators want simple integration, and that is our key driver for new partnerships. Last year, we partnered with small business lender, OnDeck to help ease the process for approving and funding small business loans. For us, it’s important that we can help you harness the opportunity to grow.
By integrating with lenders like NAB and OnDeck, we are making it faster and easier for you to access the funds you need to grow your business.
NAB QuickBiz with MYOB is available now. Apply today.