MYOB makes business financing easy

myob loans

 

The quick and easy loan to help your business grow

We know growing your business can be tough, and accessing finance isn’t always easy. That’s why we've partnered with OnDeck to bring you MYOB Loans: to help small businesses get ahead. 

Flexible term loans  •  $10K to $250K  •  6 to 24 month terms

3 Steps to your next loan

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Apply online

A fast and easy 10 minute online application and 6 months of business bank statements

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Quick decisions

Funding based on the health of your business

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Get funded

Receive funding in as fast as 24 hours

WHO IS ONDECK?

  • OnDeck are Australian-based loan specialists
  • $8+ billion 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

Highly skilled specialists dedicated to serving you

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Expertly trained

A dedicated Australian-based loan specialist ready to assist your unique business

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Available anytime

Loan specialists are available to speak to you Monday to Friday 9am - 6pm reach them easily on 1800 817 596

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Great service

96% of MYOB clients who used OnDeck recalled a great service^

Are you an MYOB Partner? Join OnDeck's Partner Referral Program

Help your clients discover new financing options through the OnDeck Partner Referral Program. 
Designed for accountants and bookkeepers, this program gives you another opportunity in the business advisory space. 

  • Dedicated support
  • Ongoing benefits
  • Trusted service

Learn more

Frequently asked questions

1. Who is OnDeck? Toggle Section

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.

2. What’s MYOB’s relationship with OnDeck? Toggle Section

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.

3. How much can I get? Toggle Section

OnDeck provides business loans from $10,000 - $250,000 over 6-24 months.

 

4. What type of loans are on offer? Toggle Section

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.

5. What are the rates and fees? Toggle Section

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 3.0% origination fee for its lending. There is no application fee.

6. What documents are required to apply? Toggle Section

All that’s required is a simple online application and 6 months of bank statements. Applications can be completed over the phone.

7. How will approval decisions be made? Toggle Section

All that’s required is a simple online application and 6 months of bank statements – or you can apply over the phone.

8. What loan terms are available? Toggle Section

Approval will be based on the health of your business cash-flow, as well as your business credit score.

9. How do I repay my loan? Toggle Section

Loans are repaid automatically through a fixed weekly or daily debit to your business account. 

 

10. How soon can I get my loan? Toggle Section

Loans are repaid automatically through a fixed weekly or daily debit to your business account.

 

11. Have you shared my information with OnDeck? Toggle Section

MYOB has not disclosed any of your Personal Information with OnDeck. If you’ve been pre-qualified by MYOB, it was based on criteria that OnDeck has provided.

Request a call

Fast and flexible loans

Request a call from an OnDeck loan specialist by completing the form below.

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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 myob@ondeck.com.au

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Loans are issued by OnDeck Capital Australia Pty Ltd ABN 28 603 753 215 (OnDeck) subject to the terms of a loan agreement issued by OnDeck and are subject to lender approval. 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 www.myob.com/au/privacy-policy.

*Loan amounts and terms are for illustrative purposes only and given the current circumstances of the COVID-19 crisis, the lender may adjust loan amounts, loan terms and terms and conditions in its sole discretion without notice. Eligibility and approval are subject to a standard credit assessment and your business circumstances which may include information such as industry, time in business, estimated revenue and other data. Not all loan amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.