You’re eligible for an exclusive MYOB Loans package
We’re here to help you succeed. That’s why as a valued MYOB customer you have exclusive access to a premium MYOB Loans package when you take out a loan before 11th October 2019.
Your MYOB Loans package includes
Say goodbye to MYOB subscription fees for the life of your business loan*
All set up fees waived for MYOB customers - a saving of $1,250 when you take out a $50,000 MYOB Loan1
Forget about waiting in a call queue. Speak to a Loan Specialist in seconds!
10 minutes online application and 3 months of business bank statements
Know within hours if you're approved
Receive funds in as little as 24 hours
$10K - $250K
6 - 24 month terms
MYOB has partnered with OnDeck to give you access to a world class lending solution
At MYOB, we’re all about helping businesses succeed. We know
accessing finance to grow your business isn’t always easy, that’s
why we partnered with OnDeck to bring you MYOB Loans: to help small
businesses like yours get ahead.
- OnDeck are Australian based loan specialists
- $10 billion in funding delivered to businesses globally
- 96% of MYOB customers who used OnDeck recalled a great service3
3 Source NPS responses for MYOB Loans customers March 2019
"Great to work with. Fast and efficient. They take the time to understand your business"
Adrienne, MYOB customer April 2019
"The process was transparent, fair and easy"
Scott, MYOB customer February 2019
"In the long term I think MYOB and OnDeck will be the best partner to grow my business’"
Arzal, MYOB customer October 2018
By submitting this form, you’re consenting to receive communication from OnDeck to help your business including special offers and product tips. If you don’t want to receive any emails or telephone calls, you can unsubscribe by contacting OnDeck at firstname.lastname@example.org
Frequently Asked Questions
OnDeck has partnered with MYOB to help MYOB customers access financing solutions for their businesses. OnDeck is a direct lender of business loans (also called “working capital” loans) to the small business market. OnDeck is not a “peer to peer” lender or crowd funder and does not lend to consumers.
OnDeck Capital Australia Pty Ltd (“OnDeck Australia”) is a subsidiary
of US-based On Deck Capital, Inc. MYOB holds a 30% stake in OnDeck
Australia and earns a commission on loans referred to OnDeck
OnDeck provides business loans from $10,000 - $250,000 over 6-24 months.
Business loans designed for inventory, marketing, equipment, cash
flow, or any other opportunity for your business to generate a
positive return. OnDeck doesn’t take security over your assets,
however they do require a personal guarantee.
Rates: OnDeck offers a range of interest rates, which are determined based on your business credit score. The interest rate for your loan could be commensurate with bank lending, or as high as a business credit card, depending on your credit rating. Fees: OnDeck charges a standard 2.5% origination fee for its lending. There is no application fee.
If you’ve been pre-qualified by MYOB, it was based on criteria that OnDeck has provided. MYOB has not shared any of your personal or business information with OnDeck.
It’s a simple 10 minute application. All you need are 3 months of
business bank statements. Or call us and we’ll help you over the phone
on 1800 817 596.
Approval will be based on the health of your business cash-flow, as
well as your business credit score
OnDeck offers loan terms of between six months and two years,
depending on your business needs and qualifications.
Loans are repaid automatically through a fixed weekly or daily debit
to your business account.
Once approved, you could receive funding as soon as the next business
MYOB has not shared any of your personal or business information with
OnDeck. OnDeck has provided MYOB with its lending criteria to enable
MYOB to internally determine your loan pre-qualification.
Loans are issued by OnDeck Capital Australia Pty Limited ABN 28 603 753 215 (OnDeck). MYOB holds a 30% stake in OnDeck and has a referral agreement under which it earns a commission on loans referred to OnDeck.
(1) Free MYOB Subscription Offer: MYOB will waive your current MYOB subscription fees for the term of your loan. To be eligible for this offer, you must be funded for a loan before 5pm AEST on 11 October 2019. This offer applies only to the MYOB agreement number listed in the email or letter you've received, for the first loan funded and for the initial term of the loan. Not applicable for renewals. The offer will be applied to your subscription within 14 days of the loan funding. This offer is not available in conjunction with any other offer and is only applicable to a maximum of one file. At the end of your loan term MYOB subscription pricing will revert to RRP pricing. During the loan term additional payments on other services will continue as per your contract. Product terms and conditions apply and are available here.
(2) No Setup Fees Offer: The savings amount is indicative only and may vary depending upon loan amount, term of loan and customer profile. Savings based on a $50,000 unsecured loan over a 12 month term with OnDeck. Savings of $1250 is a result of no set up fees, normally a 2.5% origination fee is incurred for new customers. $35,000 is the average loan size of a MYOB Loans customer. Different loan terms and/or loan amounts may result in a different savings amount. This promotion is only available to the recipient named in this email and must be redeemed via use of the offer code. Limited time offer (valid until 11 October 2019).