Are you looking for franchise funding solutions?
Fast and easy loans to help your franchisees succeed
Three easy steps to getting a loan
A fast and easy 10 minute online application and 3 months of business bank statements
Funding based on the health of your business
Receive funding in as fast as 1 business day
- OnDeck are Australian-based loan specialists
- $6 billion plus in funding delivered to businesses globally*
- OnDeck has helped over a thousand businesses just like yours
- 96% of MYOB clients who used
OnDeck recalled a great service
"I would recommend MYOB Loans to other businesses and we will continue to use it in the future."
-Siobhan Belmore, Tree Access Owner
Are you a franchisee looking for funding?
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 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 - $150,000 over 6-24
Loans designed for renovation, relocation, marketing, equipment, cash
flow, or any other opportunity for your franchisee to generate a
Rates: You may find lower rates at a bank – if they approve you. But you will find OnDeck’s rates competitive, OnDeck’s funding fast and OnDeck’s service world class
Fees: There is no application fee. OnDeck charges a standard 2.5% origination fee for its lending.
OnDeck has provided MYOB with the criteria on which to base the
pre-qualification. MYOB has not shared any personal or business data
All that’s required is a simple online application and 3 months of
bank statements. Applications can be completed over the phone.
Approval will be based on the health of the applicant's business
cash-flow, as well as their business credit score.
Loans are repaid automatically through a fixed weekly or daily debit
to the applicant's business account.
Once approved, they could receive funding as fast as the next