Imagine what your business could do with $35,000
Receive a $500 gift card of your choice when you successfully apply and take out a loan of $20,000 or more prior to 30 November 2017*.
Choose from great retailers such as Myer, David Jones, Coles,
Woolworths, JB Hi-Fi, Flight Centre and more!
Time is money
Don’t miss out on new opportunities because a lack of capital is holding you back, or you simply don’t have the time to go through the traditional bank loan process. MYOB Loans Powered by OnDeck^ can help you get what your business needs right now.
It’s a simple way to get new inventory, hire new staff, buy
equipment, renovate, advertise or handle a temporary cash flow
situation.
3 steps to your next loan
Fast funding
Approvals happen fast, so you can get the money you need to get on with it
Australian based support
Loan specialists are available to speak to you Monday to Friday 9am - 6pm reach them easily on 1800 817 596
Great service
9 our of 10 customers who took an MYOB loan recalled a great service^
- OnDeck are Australian-based loan specialists
- $6+ billion in funding delivered to businesses globally^
- OnDeck has helped over a thousand businesses just like yours
“I would recommend MYOB Loans to other businesses and we will
continue to use it in the future.”
Siobhan Belmore,
Tree Access Owner
Highly skilled specialists dedicated to serving you
Expertly trained
A dedicated Australian-based loan specialist ready to assist your unique business
Available anytime
Loan specialists are available to speak to you Monday to Friday 9am - 6pm reach them easily on 1800 817 596
Great service
96% of MYOB clients who used OnDeck recalled a great service
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
Australia.
OnDeck provides business loans from $10,000 - $150,000 over 6-24
months.
Working capital designed for inventory, marketing, equipment, cash
flow, or any other opportunity for your business to generate a
positive return.
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.
All that’s required is a simple online application and 3 months of
bank statements – or you can apply over the phone.
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.
^ 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. For the latest version
of the MYOB privacy policy and for details on how to opt out of
receiving promotional materials from MYOB, please visit myob.com.au/privacy.
* To be eligible for this $500 Gift Card
you must have applied, been approved and take out a loan of at least
$20,000 with OnDeck.
This offer is only available for new OnDeck
customers who received this offer and applied with the reference code
between 10 October 2017 and 30 November 2017.