Small business loans that move as fast as you do
Lightning Loans™ are fast, unsecured business loans up to $300,000. Apply online and get a decision in minutes on loans up to $200,000.
Move quickly when it matters
Traditional lending slows you down. We don't. Get back to business faster with our simple online application and lightning-fast approvals.
Average approval in minutes
$10K-$200K
Average approval in hours
$200K-$300K
Fund your business without strings attached
Most business loans are secured, tying up your assets. Lightning Loans™ are fully unsecured, so what's yours stays yours.
Join thousands of Aussie businesses
Excellent Trustpilot 1,621 reviews onBuilt for small business. Ready for bigger moves
Running a small business isn’t linear. Lightning Loans™ keep you nimble with weekly repayments to smooth cash flow and the flexibility to access more funding as you grow.
Frequently asked questions
OnDeck offers unsecured small business loans to Australian small businesses that need fast, flexible funding without the delays of a traditional bank. OnDeck specialises in small business lending, and every application is supported by a team that understands the realities of running a busines.
With OnDeck’s simple process, small businesses can apply online, receive a credit decision in minutes, and be funded the same day if approved. For small businesses that need capital fast, OnDeck’s Lightning Loans™ are built for when timing matters.
All OnDeck business loans are fully unsecured, which means there’s no collateral required and your assets are not tied to the loan — so your business stays flexible.
If you'd like to apply for an OnDeck Lightning Loan™, simply apply online. It takes only 10 minutes.
OnDeck lends to Australian small businesses across a wide range of industries, including retail, hospitality, trades, transport, professional services, healthcare and e-commerce. To qualify, small businesses typically need at least one year of trading history and consistent revenue.
OnDeck assesses each application on its individual merits, looking at overall business performance rather than relying on credit score alone. For a full breakdown of who qualifies for an OnDeck Lightning LoanTM, visit the eligibility page.
OnDeck business loans can be used for almost any legitimate business purpose, including purchasing equipment, managing cash flow, hiring staff, fitting out a new premises, buying stock, marketing campaigns, or expanding into new markets. The funds are deposited as a lump sum, giving small business owners full flexibility over how the capital is allocated.
OnDeck does not lend for personal expenses or residential property purchases. Learn more about our business loans here.
OnDeck is a non-bank lender built specifically for Australian small businesses, while traditional banks lend across many sectors with processes designed for large-scale, and typically secured lending. That specialisation means OnDeck can move faster and make decisions based on how small businesses actually operate.
OnDeck's Lightning LoansTM are fully unsecured, so there's no property security required. Applications can be completed online, and credit decisions are typically provided in minutes rather than days or weeks — a meaningful difference when a small business needs to act quickly on an opportunity.