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 Australia.

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 world class.

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 day. 

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.