Arzal chose fast and flexible over
jumping through hoops
to get the finance he needed to grow his business
Check out his story here:
We know that cashflow can be tough for small businesses. That’s why we have partnered we with OnDeck to bring you MYOB Loans.
3 Steps to your next loan
A fast and easy 10 minute online application
Funding based on the health of your business
Receive funding in as fast as 24 hours
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.
Unsecured 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: you may find lower rates at a bank – if they approve you. But
you will find OnDeck’s rates competitive, funding fast and service
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 On Deck Capital Australia Pty Ltd ABN 28 603 753 215. Loans subject to lender approval.
*Information refers to the operations of the OnDeck Group, including On Deck Capital, Inc. and its subsidiaries. MYOB holds a 30% stake in OnDeck Australia and has a referral agreement under which it earns a commission on loans referred to OnDeck Australia.